The European Investment Bank (EIB) has signed a EUR 75 million loan with real estate company Castellum, for the construction of two “Nearly zero-energy buildings” in Sweden. The loan was made possible by the support of the European Fund for Strategic Investments (EFSI), central pillar of the
European Commission's Investment Plan for Europe. “We’re particularly proud to support Castellum in this initiative, also since climate action is high on the agenda for the European Investment Bank.” said Romualdo Massa Bernucci, Director for EIB lending in the Nordic countries. “Both residential and office buildings are responsible for a large part of the CO2 output, so making them more energy efficient is an important step in mitigating our footprint in large cities.”
Cecilia Malmström, European Commissioner, said: "Improved energy efficiency in buildings is an important part of our transition towards a greener society but it often requires significant investments. This is where the Investment Plan can play an important role. With today's agreement, the European Fund for Strategic Investments will contribute to Sweden's development towards a reduced dependency on fossil fuels."