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    Signature(s)

    Amount
    € 600,000,000
    Countries
    Sector(s)
    France : € 600,000,000
    Urban development : € 600,000,000
    Signature date(s)
    17/12/2009 : € 150,000,000
    7/12/2009 : € 150,000,000
    8/06/2009 : € 300,000,000
    Link to source

    Summary sheet

    Release date
    3 April 2009
    Status
    Reference
    Signed | 08/06/2009
    20070463
    Project name
    Promoter - financial intermediary
    Sustainable urban renewal and regeneration under the National Urban Renewal Programme (PNRU) in partnership with the National Agency for Urban Regeneration (ANRU)

    Financial intermediary: Acceptable banks.
    Final beneficiary: French local authorities that have submitted a project approved by ANRU (National Agency for Urban Regeneration) in line with the ANRU agreement.

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 600 million.
    EUR 1.47 billion.
    Location
    Sector(s)
    Description
    Objectives

    Financing of French local authorities carrying out urban renewal projects aimed at restructuring sensitive areas (with major social, urban and economic problems).

    The "Sustainable Urban Renewal and Regeneration" programme forms part of the National Urban Renewal Programme underpinned by the French Government (Prime Minister's decision of 15 December 2008). This programme is consistent with European policy in the fields of urban environment, social cohesion and balanced spatial development. It will focus on local authorities that are steering an environmental course aimed at reducing CO² emissions in order to meet the "20/20/20" targets through the adoption of specific plans.

    Environmental aspects
    Procurement

    Compliance with EU directives and national regulations on environmental protection is required.

    Compliance with EU directives and national regulations on procurement is required.

    The Bank will ensure that the final beneficiaries publish in the OJEU the calls for tender regarding projects to be implemented.

    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).

    News & Stories

    Link to source

    General enquiries and comments

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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