Release date: 16 July 2010
Promoter – Financial Intermediary
BPCE, Crédit Agricole and Dexia
Location
Description
Financing of the construction and/or renovation of public buildings in accordance with energy efficiency and environmental criteria that exceed current standards.
Objectives
Construction and/or renovation of buildings with a view to reducing energy consumption levels by at least 20% in relation to current standards.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 700 million.
Total cost (Approximate amount)
Up to EUR 1 400 million.
Environmental aspects
The various projects will all incorporate very high environmental protection and sustainable development criteria. These projects will comply with the High Environmental Quality (HQE - Haute Qualité Environnementale) initiative and some will come under the HPE (High Energy Performance), THPE (Very High Energy Performance) or BBC (Low-Consumption Building) labels. The project will provide loans for new or existing building schemes that will take into account more stringent energy-saving standards than those set out in Directive 2002/91/EC on the energy performance of buildings.
Procurement
Tendering procedures used for public buildings are required to comply with Community procurement directives (Directives 2004/17/EC and 2004/18/EC, as amended by Commission Regulation 1874/2004).
Status
Signed - 21/12/2010
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).