Credit: EIB

On Tuesday 26 September 2023, the European Investment Bank (EIB) inaugurated the construction of its new building in Luxembourg-Kirchberg.

The inauguration ceremony, hosted by EIB President Werner Hoyer, took place in the presence of Luxembourg's Minister of Finance and EIB Board of Governors member, Yuriko Backes, and Mayor of the City of Luxembourg, Lydie Polfer. Together, they unveiled a foundation stone taken from the construction site for commemorative purposes.

Located alongside the EIB's existing Kirchberg headquarters, the new building will consist of a sixteen-storey tower and a six-storey podium with three open-air terraces. It was designed as a nearly zero-energy building (NZEB) and complies with strict environmental standards, noted the EIB. It also received a BREEAM "Excellent" rating for its design, with a focus on sustainability in terms of energy.

The new premises will be able to house up to 1,500 workstations, aiming to bring together EIB staff from decentralised rented offices. The building is scheduled to open its doors in 2026.

"Luxembourg is our home and it will continue to be," said EIB President Werner Hoyer. "This new building reflects EIB's climate commitments and underscores our main mission as the EU climate bank worldwide. It will allow us to offer a functional and eco-friendly workplace to our staff, bringing them together on a modern campus."

Minister Backes commented: "As Minister of Finance and EIB Governor, I am honoured to participate in the unveiling ceremony of the foundation stone of this new building, symbolising our country's enduring bond with the EIB, the world's premier multilateral financial institution. This edifice not only strengthens our already excellent partnership but also underscores our shared dedication to leading global sustainability and addressing climate change."

The EIB is the long-term lending institution of the European Union, owned by its Member States. It was created by the Treaty of Rome in 1957; its headquarters were established in Luxembourg in 1968 in Place de Metz and moved to Kirchberg in 1980.