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    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    France : € 200,000,000
    Energy : € 80,000,000
    Industry : € 120,000,000
    Signature date(s)
    19/12/2024 : € 80,000,000
    19/12/2024 : € 120,000,000

    Summary sheet

    Release date
    13 December 2024
    Status
    Reference
    Signed | 19/12/2024
    20230941
    Project name
    Promoter - financial intermediary
    ARKEA EFFICACITE ENERGETIQUE FL
    CREDIT MUTUEL ARKEA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 200 million
    EUR 267 million
    Location
    Sector(s)
    Description
    Objectives

    The Framework Loan will finance small- to mid-sized energy efficiency and renewable energy investments undertaken by public sector entities, local authorities and social housing organisms in France.

    The aim is to finance small/medium projects carried out by local public entities, local authorities (including syndicates and mixed unions) and social housing organisms. The entire envelope will be dedicated to renewable energies (RE) investments, energy efficiency (EE) of existing buildings and soft mobility.

    Additionality and Impact

    The FL operation will support financings of small and mid-size energy efficiency investments for the benefit of local public entities, local authorities (including syndicates and mixed unions "syndicats mixtes") and social housing organisms. The entire envelope will be dedicated to renewable energies (RE) investments, energy efficiency (EE) of existing buildings, therefore contributing to the Climate Action & Environmental

     

    Sustainability (CA&ES) component. The operation will generate energy savings and addresses negative climate and environmental externalities, a market failure, through the reduction of carbon emissions and other air pollution.

     

    On project quality, the project is supported by adequate capabilities of the promoter. In terms of project results, the projects are expected to have a positive economic return and are expected to generate a broader positive social benefit.

     

    In addition, a transversal objective on improving access to finance in less developed and transition regions of France (cohesion area) is targeted considering the domestic and regional footprint on such areas of Credit Mutuel Arkea.

    Environmental aspects
    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Milestone
    Under appraisal
    Approved
    Signed
    14 November 2024
    19 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) - ARKEA EFFICACITE ENERGETIQUE FL
    Publication Date
    9 Jan 2025
    Document language
    Main Topic
    Lending
    Document Number
    215574704
    Document Focus
    Environmental Information
    Project Number
    20230941
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - ARKEA EFFICACITE ENERGETIQUE FL - Etude des sensibilités environnementale
    Publication Date
    18 Jun 2025
    Document language
    Main Topic
    Lending
    Document Number
    247812960
    Document Focus
    Environmental Information
    Project Number
    20230941
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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