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    Reference: 20130116
    Release date: 10 July 2013

    Promoter – Financial Intermediary

    COMMUNAUTE DE L'AGGLOMERATION ROUEN-ELBEUF-AUSTREBERTHE

    Location

    Description

    The Project consists of a multi-component urban regeneration investment programme on former industrial sites in the centre and West of Rouen, a medium-size city in Normandy (France). This project is co-led by Communauté de l'agglomération de Rouen-Elbeuf-Austerberthe (CREA) and Ville de Rouen and includes (i) energy-efficient housing and facilities (including new administrative buildings meeting stringent energy efficiency standards) and (ii) pedestrian and cycling infrastructure (bridge, pathways alongside the Seine). The total investment cost is estimated at cEUR 200m.

    Objectives

    The Project aims at regenerating two former industrial sites near Rouen's city centre and will allow the development of sustainable communities including amenities, housing, soft transport and other facilities.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 50 million

    Total cost (Approximate amount)

    EUR 198 million

    Environmental aspects

    The investment programme is based on comprehensive urban regeneration and development strategies and plans. The question of the project (i) falling within a plan or a programme requiring a Strategic Environmental Assessment (SEA) in line with the EU Directive 2001/42/EC and/or (ii) falling under the Environmental Impact Assessment Directive 2011/92/EU will be further examined during appraisal. Energy efficiency requirements in line with the EU Directive on the Energy Performance of Buildings (recast) 2010/31/EU will also be further assessed during project appraisal.

    Procurement

    The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir 2004/18/EEC/ or 2004/17/EEC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

    Status

    Signed - 7/07/2014

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    France Urban development