| Project Detail |
The EIB will finance an integrated investment programme, launched by the Ministry of Environment & Energy and the Ministry of Economy & Development, aiming to improve energy efficiency in public buildings and other venues (e.g. schools, hospitals and sports facilities). This project falls under the Smart Finance for Smart Buildings (SFSB) initiative, a joint initiative of the EIB Group and the European Commission (EC) aiming at supporting energy efficiency investments in buildings.
Objectives
The EIB financing consists in an intermediated multi-beneficiary framework loan to enable final beneficiaries to invest in activities related to building retrofitting. This includes, for example, the replacement of frames, insulation measures, replacement of obsolete heating and cooling equipment, installation of renewable energy and building management systems, as well as interventions aiming to the enhancement of the static integrity of the buildings when necessary.
Sector(s)
Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 375 million
Total cost (Approximate amount)
EUR 714 million |
