Poland. Skanska Financial Services AB
| Date of agreement: | 26 Jun 2017 |
|---|---|
| Country: | Poland |
| Customer: | Skanska Financial Services AB |
| Amount in USD: | USD 100 million |
| Amount in EUR: | EUR 89.43 million |
| Maturity: | 7 years |
| NACE sector / loan type: | Construction |
This loan contributes to climate change mitigation: 100%
Financing from NIB Environmental Bond proceeds
NEB-eligible share: 100%
NEB category: Green buildings
Amount disbursed: EUR 85.7 million
This project has been financed with the proceeds of NEBs issued under the previous framework
Note: For loans in other currencies than EUR, the equivalent in EUR is based on the exchange rate effective for the disbursement. Read more about the NIB Environmental Bonds
Project
The loan has been provided to finance the development and construction of five office buildings in Warsaw and Wrocław, Poland. The facilities will be certified according to the Platinum level under the LEED standard for environmental buildings.
The office buildings will be situated in central locations close to public transport connections.
Skanska AB is a world-leading construction and project development group, focused on commercial properties, residential and infrastructure projects. Skanska operates in selected home markets in the Nordics, Europe and North America. The company employs around 41,000 people and is listed on the Nasdaq Stockholm.
Fulfilment of NIB's mandate
Competitiveness:
The construction of the five LEED-certified premises in Poland will support Skanska’s strategy to maintain its position as a global leader in energy-efficient buildings. Investments in sustainable business practice in premium locations like Warsaw and Wrocław is expected to generate high reference value and a competitive advantage for Skanska, and prepare for expansion into less mature markets.
Environment:
The project is assessed to promote sustainable building practice, providing clients and tenants with resource-efficient options in LEED Platinum-certified facilities. As the housing and building sector accounts for approximately 40% of energy use in the EU, sustainable construction practice is expected to lower overall energy consumption.
Sustainability summary
No significant negative environmental impact is expected to occur during construction.