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    Signature(s)

    Amount
    € 30,000,000
    Countries
    Sector(s)
    France : € 30,000,000
    Energy : € 30,000,000
    Signature date(s)
    28/05/2019 : € 30,000,000

    Summary sheet

    Release date
    21 January 2019
    Status
    Reference
    Signed | 28/05/2019
    20180119
    Project name
    Promoter - financial intermediary
    RESEAU DE CHALEUR GRENOBLE METROPOLE
    COMPAGNIE DE CHAUFFAGE INTERCOMMUNALE DE L'AGGLOMERATION GRENOBLOISE
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 30 million
    EUR 60 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project concerns the expansion and modernisation of the district heating service of the Grenoble-Alpes Métropole, a region located in eastern France, in the Isère department.

    The project will support a 5-year investment programme to further develop the Grenoble District Heating (DH) network, the second biggest in France. The loan will finance investments in heat generation upgrades aiming at increasing efficiency and penetration of renewable sources and also distribution network developments.

    Environmental aspects
    Procurement

    District heating projects typically fall under Annex II of the Environmental Impact Assessment (EIA) Directive, leaving it to the national competent authority to determine whether an environmental impact assessment is required according to criteria defined in Annex III of the Directive. The district heating works are planned on the existing systems, which have been initially screened out based on their technical characteristics and criteria defined in the national regulation. During appraisal, the EIB will assess the environmental and social risks of the project and alignment with applicable EU environmental policy and regulation, including Industrial Emissions Directive 2010/75/EU. This includes review of environmental permitting screening decisions and related environmental management plans. The Project is not expected to have any significant impact on sites of nature conservation. The expected main negative impacts of the Project schemes are related to construction works. These impacts are temporary in nature and can be appropriately mitigated applying proper industrial working practices. Overall, the project is expected to have a positive impact on the environment. It will use efficiently generated heat from cogeneration plants and will reduce heat losses from the networks. In this way it will ensure the supply of reliable and efficient heating to consumers while reducing air pollution emissions including greenhouse gases.

    The EIB will require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation Directive 2014/23/EU, 2014/24/EU and 2014/25/EU where applicable, as well as Directive 92/13/EEC or 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.

    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) - RESEAU DE CHALEUR GRENOBLE METROPOLE
    Publication Date
    11 Jun 2019
    Document language
    Main Topic
    Lending
    Document Number
    83890495
    Document Focus
    Environmental Information
    Project Number
    20180119
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - RESEAU DE CHALEUR GRENOBLE METROPOLE
    Publication Date
    8 Feb 2019
    Document Language
    English
    Main Topic
    lending
    Document Number
    88681243
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20180119
    Last update
    8 Feb 2019
    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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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