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    Signature(s)

    Amount
    € 560,000,000
    Countries
    Sector(s)
    France : € 560,000,000
    Energy : € 560,000,000
    Signature date(s)
    7/12/2018 : € 80,000,000
    15/11/2018 : € 80,000,000
    1/08/2019 : € 80,000,000
    15/11/2018 : € 160,000,000
    1/08/2019 : € 160,000,000

    Summary sheet

    Release date
    1 June 2018
    Status
    Reference
    Signed | 15/11/2018
    20180086
    Project name
    Promoter - financial intermediary
    RENEWABLE ENERGY RISK SHARING FRANCE II
    PRIVATE ENTITY(IES)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 560 million
    EUR 1120 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project consists of linked risk-sharing and intermediated lending in support of mid-sized onshore wind and solar photovoltaic projects in France.

    This project aims to contribute to renewable energy targets in France and the European Union.

    Environmental aspects
    Procurement

    This operation is intended to generate environmental benefits by supporting projects that help mitigate climate change. The Bank will assess the capacity and procedures of the financial intermediaries (FIs) to be selected to ensure compliance with national and European environmental and biodiversity regulations as well as their capacity to support the Bank's public disclosure policy, which aims to facilitate access by the public to environmentally-relevant information.

    The Bank will require the FIs to ensure that contracts for the implementation of the projects shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2014/23/EU, 2014/24/EU and 2014/25/EU, where applicable, as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with the publication of tender notices in the Official Journal of the European Union, as and where required.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - RENEWABLE ENERGY RISK SHARING FRANCE II
    Publication Date
    15 Aug 2018
    Document language
    Main Topic
    Lending
    Document Number
    84091064
    Document Focus
    Environmental Information
    Project Number
    20180086
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - RENEWABLE ENERGY RISK SHARING FRANCE II
    Publication Date
    21 Sep 2018
    Document Language
    English
    Main Topic
    lending
    Document Number
    86764554
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20180086
    Last update
    21 Sep 2018
    Sector(s)
    Energy
    Countries
    France
    Publicly available
    Download now

    General enquiries and comments

    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.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    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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