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    Signature(s)

    Amount
    € 135,000,000
    Countries
    Sector(s)
    France : € 135,000,000
    Health : € 43,200,000
    Urban development : € 91,800,000
    Signature date(s)
    30/11/2020 : € 17,600,000
    18/05/2021 : € 25,600,000
    30/11/2020 : € 37,400,000
    18/05/2021 : € 54,400,000

    Summary sheet

    Release date
    1 September 2023
    Status
    Reference
    Signed | 30/11/2020
    20190171
    Project name
    Promoter - financial intermediary
    ELDERLY AFFORDABLE ASSISTED LIVING FRANCE
    CLARIANE SE
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 135 million
    EUR 369 million
    Location
    Sector(s)
    Description
    Objectives

    The project will finance the promoter’s development plan to build new shared homes as affordable solutions for elderly people in small cities across France over the next 5 years. Clariane is an European operator of nursing homes and healthcare services.

    The aim is to provide affordable and suitable solutions for elderly people who can no longer live alone but do not need to stay in nursing homes, yet. Assisted living provides them with a transitional solution to support their independence while also receiving medical care when needed.

    Environmental aspects
    Procurement

    This project will have a positive impact on the achievement of France's national energy efficiency targets, since the housing units will comply with RT2012 (the French energy efficiency regulation for buildings) and with the EU Directive on Energy Performance of Buildings. The competent authority will assess whether each sub-project will have to follow a full Environmental Impact Assessment (EIA) procedure, according to the EIA Directive 2014/52/EU (amending the EIA Directive 2011/92/EU). Further details on the screening decision, the environmental permits status, the proximity and potential impact of each sub-project to natural conservation areas, according to the Habitats and Birds Directives (92/43/EEC and 2009/147/EC respectively) as well as other EIA aspects will be clarified during the appraisal.

    The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions. However, if after the project appraisal, the EIB were to conclude that the promoter is after all subject to EU public procurement legislation, then the EIB would 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 2014/24/EU, where applicable), as well as 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.

    Milestone
    Under appraisal
    Approved
    Signed
    15 October 2019
    30 November 2020
    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - ELDERLY AFFORDABLE ASSISTED LIVING FRANCE
    Publication Date
    5 Sep 2023
    Document language
    Main Topic
    Lending
    Document Number
    94221067
    Document Focus
    Environmental Information
    Project Number
    20190171
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - ELDERLY AFFORDABLE ASSISTED LIVING FRANCE
    Publication Date
    25 Jan 2021
    Document Language
    English
    Main Topic
    lending
    Document Number
    137706130
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20190171
    Last update
    18 Feb 2021
    Sector(s)
    Health, Urban development
    Countries
    France
    Publicly available
    Download now

    News & Stories

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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.
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