EIB and NIB provide €30 million for sustainable education and community facility in Espoo
Luxembourg, Oct. 1 -- The European Investment Bank (EIB) and Nordic Investment Bank (NIB) are providing €30 million in long-term financing for a new education and community facility designed to meet high energy-efficiency standards in Espoo, Finland. The banks will each lend €15 million to Espoon Koulutaival Oy, a project company wholly owned and managed by infrastructure investor Meridiam.The financing will support the construction of the Jupperi multipurpose building, a 7 200 m² complex that will bring together primary education, daycare, sports, library and community services. The facility will provide education capacity for approximately 600 pupils.The project forms part of the City of Espoo's "Schools in Shape initiative", ...
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