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    Summary sheet

    Release date
    12 September 2025
    Status
    Reference
    Approved | 21/10/2025
    20240692
    Project name
    Promoter - financial intermediary
    ENERGY EFFICIENCY IN PUBLIC SCHOOLS IN ATHENS
    MUNICIPALITY OF ATHENS
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 75 million
    EUR 100 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The operation will finance energy efficiency interventions in public schools across the Municipality of Athens.

    The aim is to implement energy efficiency measures through an initial pipeline of 32 schools proposed by the municipality.

    Environmental aspects
    Procurement

    This operation is intended to generate environmental benefits by supporting renewable energy and energy efficiency projects that help mitigate climate change. The project is therefore expected to generate positive environmental benefits related to a reduction of energy consumption and greenhouse gas (GHG) emissions. It will also lead to a decrease on energy expenses of the unit users compared to the baseline scenario. The energy efficiency sub-projects will be implemented in compliance with the Energy Performance in Buildings Directive (EPBD) 2024/1275/EU, amending 2010/31/EU. The sub-projects will reduce the energy consumption of buildings and the associated pollutant emission. The energy efficiency sub-projects are not expected to fall under the EIA Directive 2011/92/EU as amended by Directive 2014/52/EU, provided that the buildings will be integrated in urban areas. Where and if applicable, and based on a risk-based approach as defined in the EIBG E&S Policy, the requirements of the Environmental Impact Assessment Directive 2011/92/EU as amended by Directive 2014/52/EU, Birds Directive 2009/147/EC and Habitats Directive 92/43/EEC will be checked during appraisal.

    The promoter shall ensure that contracts for implementation of the project have been/will be tendered in accordance with the applicable EU procurement legislation, Directive 2014/24/EU as well as Directive 89/665/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.

    Milestone
    Under appraisal
    Approved
    21 October 2025
    Related projects

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - ENERGY EFFICIENCY IN PUBLIC SCHOOLS IN ATHENS
    Publication Date
    24 Oct 2025
    Document language
    Main Topic
    Lending
    Document Number
    245673858
    Document Focus
    Environmental Information
    Project Number
    20240692
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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