Release date: 24 February 2016
Promoter – Financial Intermediary
AEROPORTS DE PARISLocation
Description
Modernisation and expansion of Paris-Orly Airport in France in accordance with the Paris Orly nouvel envol plan.
Objectives
It will improve operational robustness and passenger service standards and will provide additional terminal capacity to enable the airport to handle future growth in traffic. The project will raise the annual handling capacity from 27 to 32.5 million passengers per year to 2020.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 300 million
Total cost (Approximate amount)
EUR 625 million
Environmental aspects
A project of this type would normally be classified under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU, meaning that the competent authority makes the decision as to whether a formal EIA is required or not. Alignment to this and other national and EU environmental legislation, including the EU Directive on Energy Performance of Buildings, and the status of any pre-development consents will be reviewed and assessed during 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 (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.
Status
Signed - 7/04/2017
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).