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Reference: 20240353
Release date: 7 April 2025

Promoter – Financial Intermediary

NOE LANDESIMMOBILIENGESELLSCHAFT MBH

Location

Description

The project will finance the extension infrastructure of the Institute of Science and Technology Austria (ISTA) in Klosterneuburg. This will create seven new interconnected buildings that will house laboratories, researcher offices, learning centres and communal areas, a new maintenance and storage facility, and a new kindergarten.

Objectives

The aim is to provide a world-class facility with a state-of-the-art research infrastructure, enabling ISTA to continue its successful growth path of the past 15 years. The presence of a such institution could also attract related industries and investments to the region, creating employment in high-value-added sectors.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 329 million

Total cost (Approximate amount)

EUR 660 million

Environmental aspects

Environmental Impact Assessment (EIA) Directive 2011/92/EU (as amended by Directive 2014/52/EU) does not specifically cover educational activities, leaving it at the discretion of the responsible competent authorities to request an EIA on the basis of the location and scale of the works concerned. However, educational facilities may fall under Annex II of the Directive with respect to Urban Development. The EIB will verify during appraisal whether an EIA is required by the competent authority. The public buildings will be required to meet at least the energy efficiency targets as defined in Directive 2010/31/EU on the energy performance of buildings and Directive 2012/27/EU on energy efficiency.

Procurement

The promoter shall ensure that contracts for the implementation of the project have been and will be tendered in accordance with the relevant applicable EU procurement legislation, Directive 2014/24/EU, where applicable, as well as Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

Status

Under appraisal - 10/02/2025

Milestone
Under appraisal

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Austria Services Education