Reference: 20120382
Release date: 3 May 2013

Promoter – Financial Intermediary




The project consists in a five-year retrofitting programme for high schools ("lycées") located in the Region Centre, one of France's 22 regions located in the centre-north of France, representing total investment cost of around EUR 700m.


The aim of the project is to renovate buildings and achieve the ambitious energy-efficiency targets of the Region Centre.



Proposed EIB finance (Approximate amount)

EUR 350 million

Total cost (Approximate amount)

EUR 869 million

Environmental aspects

The Directive 2011/92/EU does not specifically mention the need for an Environmental Impact Assessment (EIA) for buildings related to education, but it may be that some sub-projects can be regarded as urban renewal projects and might require an EIA (Annex II of the European Directive). This will be examined during the appraisal.


The procedures for tendering and procurement used by the promoter must comply with the Community directives on procurement (Directives 2004/17/EC or 2004/18 and Directive 2007/66/EC amending Directives 1989/665/EEC and 1992/13/EEC). The procedures will be analysed during the appraisal.


Signed - 9/09/2013


Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

France Education