Release date: 6 March 2012
Promoter – Financial Intermediary
Région Centre
Location
Description
The Framework Loan will support renewable energy and energy efficiency projects in the Region Centre in France. The renewable energy projects will include mainly wind power plants, but also PV, geothermal, biogas and biomass up to 8 MWel. Energy efficiency projects to be supported with the loan will be restricted to private buildings. The loan will be intermediated through local banks. The Region will choose several FIs through a tendering procedure. The Final Beneficiaries will be private companies, farmers and municipalities. The Region will provide additional support in the form of loan guarantees. The schemes will also be able to benefit from other regional, national and European support programmes.
Objectives
The Framework Loan will support renewable energy and energy efficiency projects in the Region Centre in France. The renewable energy projects will include mainly wind power plants, but also PV, geothermal, biogas and biomass up to 8 MWel. Energy efficiency projects to be supported with the loan will be restricted to private buildings. The loan will be intermediated through local banks. The Region will choose several FIs through a tendering procedure. The Final Beneficiaries will be private companies, farmers and municipalities. The Region will provide additional support in the form of loan guarantees. The schemes will also be able to benefit from other regional, national and European support programmes.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 150 million
Total cost (Approximate amount)
EUR 300 million
Environmental aspects
This operation intends to bring environmental benefits by supporting projects that help to mitigate climate and reduce energy consumption. Due to their technical characteristics, the schemes to be proposed for allocation are likely to fall under Annex II of the EIA Directive. The Bank will be assessed the capacity and procedures of financial intermediaries to ensure compliance with national and European environmental and biodiversity regulations.
Procurement
The Bank will review the systems and procedures applied by the promoter during appraisal, including compliance with relevant national and EU legislation, as defined by Procurement Directive 2004/17/EC, and publication in the Official Journal of the EU where appropriate.
Status
Signed - 5/12/2012
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).