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Signature(s)

Amount
€ 179,500,000
Countries
Sector(s)
France : € 179,500,000
Education : € 179,500,000
Signature date(s)
7/08/2023 : € 29,500,000
22/12/2021 : € 150,000,000
Link to source

Summary sheet

Release date
24 August 2021
Status
Reference
Signed | 22/12/2021
20210379
Project name
Promoter - financial intermediary
EDUCATION VAL-DE-MARNE
DEPARTEMENT DU VAL DE MARNE
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 180 million
EUR 372 million
Location
Sector(s)
Description
Objectives

Le projet comprend la construction, reconstruction et rénovation de collèges (c'est-à-dire des écoles du niveau secondaire inférieur) sous la responsabilité du Département du Val-de-Marne en France. Le projet intègre 17 opérations d'investissement en faveur de l'enseignement secondaire.

L'objectif principal du projet est de moderniser et d'améliorer les infrastructures des collèges (c'est-à-dire des écoles du niveau secondaire inférieur) dans le Département du Val-de-Marne, afin d'offrir une éducation de bonne qualité et d'accompagner l'adaptation de son réseau de collèges aux évolutions des besoins éducatifs de la population. Le projet vise également à renforcer la résilience des infrastructures scolaires du Département face aux risques liés au changement climatique et à améliorer l'efficacité énergétique des bâtiments.

Additionality and Impact

The project involves new construction, reconstruction and major renovations of lower secondary public infrastructures in the Department of Val-de-Marne, aiming at modernizing the teaching and learning environments, which will translate into improvements in the quality of education. Improved educational attainment has significant positive externalities, as it benefits the society and the broader economy. The investments targeting climate change mitigation will also have significant positive externalities, as they contribute to the construction of a more sustainable future in Val-de-Marne. The Project is fully aligned with the national and departmental priorities in education, the EIB's Innovation, Digital and Human Capital policy goal and the EU's European Education Area 2025 initiative.  Further, the financing provided by the Bank will offer features that cannot be found in the market, including long maturity, five years availability, five years grace period, plus technical contribution and advice through the project's monitoring, providing the borrower with significant security over the achievement of its project.

Environmental aspects
Procurement

La directive 2011/92/UE amendée par la directive 2014/52/UE ne mentionne pas spécifiquement la nécessité d'une évaluation d'impact environnemental (EIE) pour les bâtiments liés à l'éducation et aux activités de recherche telles que prévues dans ce projet. Il se peut que certaines composantes du projet puissent être considérées comme des projets de renouvellement urbain (Annexe II de la directive européenne). Les bâtiments publics devront au moins atteindre les objectifs d'efficacité énergétique définis dans la directive 2010/31/UE sur la performance énergétique des bâtiments et la directive 2012/27/UE relative à l'efficacité énergétique.

La Banque exigera du Promoteur d'assurer que les marchés pour la mise en oeuvre du projet seront passés en conformité avec la législation applicable de l'UE (les Directives 2014/24/EC ainsi que la Directive 89/665/EEC) et la jurisprudence de la Cour européenne de justice, y compris en matière de publication des avis de passation des marchés dans le Journal officiel de l'UE tel que requis.

Related projects
Link to source
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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) - EDUCATION VAL-DE-MARNE
Publication Date
19 Nov 2021
Document language
Main Topic
Lending
Document Number
141423582
Document Focus
Environmental Information
Project Number
20210379
Sector(s)
Regions
Countries
Publicly available
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