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    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    France : € 50,000,000
    Solid waste : € 50,000,000
    Signature date(s)
    14/11/2005 : € 50,000,000

    Summary sheet

    Release date
    21 April 2005
    Status
    Reference
    Signed | 14/11/2005
    20040465
    Project name
    Promoter - financial intermediary
    Lille Environment
    Communauté Urbaine - Lille Métropole (Metropolitan Community of Lille)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Approximately EUR 50 million.
    Approximately EUR 100 million.
    Location
    Sector(s)
    Description
    Objectives

    Construction of organic waste recycling and transfer plant.

    The project is aimed at reducing the use of biodegradable waste in landfills by encouraging recycling and organic processing through composting. It supplements the Communauté Urbaine's waste treatment network, which already includes the Halluin processing plant.

    Environmental aspects
    Procurement

    It will contribute to improving public health and the quality of the environment. In particular, it is is planned to produce biofuels to run part of the conurbation's bus fleet and thus reduce pollutant gas emissions.

    The Metropolitan Community of Lille is subject to European procurement directives. All contracts for works projects financed by the Bank will be issued in accordance with the provisions of European Union law.

    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).

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