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Signature(s)

Amount
€ 175,000,000
Countries
Sector(s)
France : € 175,000,000
Transport : € 175,000,000
Signature date(s)
14/07/2011 : € 25,000,000
28/11/2011 : € 25,000,000
27/07/2011 : € 25,000,000
27/07/2011 : € 25,000,000
25/09/2008 : € 75,000,000
Link to source

Summary sheet

Release date
13 May 2008
Status
Reference
Signed | 25/09/2008
20070501
Project name
Promoter - financial intermediary
Tramway d’Orléans II
Communauté d’Agglomération Orléans Val de Loire
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Approximately EUR 175 million.
Approximately EUR 350 million.
Location
Sector(s)
Description
Objectives

Construction of the 2nd tram line in Orléans, Region Centre.

Offering a new high quality public transport service in Orléans will increase the attractiveness of public transport compared to private cars, thus reducing the overall impact of urban transport on the environment.

Environmental aspects
Procurement

The project falls under Annex II of the EIA Directive: accordingly, an EIA is not formally required. An environmental impact analysis was carried out in order to comply with national legislation concerning environmental issues and the Public Inquiry Process.

 

The promoter is subject to and follows the EU procurement procedures, including publication in the EU Official Journal. All contracts over the relevant EU Directive thresholds will be put out to international tendering. Under these conditions, the procedures adopted by the promoter are suitable for the project and acceptable to the Bank.

Link to source

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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The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
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.

Zero tolerance against fraud and corruption

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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