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    Summary sheet

    Release date
    5 August 2024
    Status
    Reference
    Approved | 11/12/2024
    20230858
    Project name
    Promoter - financial intermediary
    PARIS DISTRICT HEATING CONCESSION
    VILLE DE PARIS
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 900 million
    EUR 1900 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project concerns an investment programme for the further development and decarbonisation of the Paris district heating network under its upcoming new concession agreement.

    The aim is to increase overall energy efficiency of the heating system by expanding the service to new areas, densifying the grid through new connections and upgrading it with new equipment and control systems, in line with the EU and national renewable energy targets. The project is also expected to substitute individual and central fossil fuels heating with more sustainable and efficient centralised heating systems, resulting in primary energy savings and reduction of emissions of greenhouse gases. The detailed project scope is not known at this stage.

    Environmental aspects
    Procurement

    Based on the technical characteristics and information provided at this stage, the project components would fall under Annex II of the Environmental Impact Assessment Directive (EIA), 2014/52/EU amending 2011/92/EU, which requires the competent national authority to determine the need for an EIA. Potential impacts such as air emissions, groundwater, surface water and soil contamination, impacts on Natura 2000 sites, or noise levels will be reviewed at appraisal.

    Should the concessionnaire be categorised as a public undertaking, as it will be operating in the utility sector, the Borrower would be subject to public procurement and its procurement procedures would need to be in line with the relevant applicable EU procurement legislation (Directives 2014/23/EU and/or 2014/25/EU, where applicable, as well as Directive 92/13/EEC), as transposed in the national legislation, with publication of the tender and award notices in the Official Journal of the European Union, as and where required.

    Milestone
    Under appraisal
    Approved
    11 December 2024

    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) - PARIS DISTRICT HEATING CONCESSION
    Publication Date
    17 Dec 2024
    Document language
    Main Topic
    Lending
    Document Number
    233174789
    Document Focus
    Environmental Information
    Project Number
    20230858
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Other links

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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.
    Alternatively, the EIB can be contacted through its external offices.
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    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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