Release date: 29 July 2015
Promoter – Financial Intermediary
Private company to be createdLocation
Description
Loan to an investment company set up by public and private investors to invest in the low-carbon economy in the French region of Nord-Pas de Calais.
Objectives
The project will contribute to the “Troisième Révolution Industrielle”, a programme targeting zero carbon emissions by 2050, whereby the region’s energy needs would be covered by renewable energy sources. The project’s low-carbon economy investment plan will entail job creation, economic development and more sustainable energy supply and usage.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 20 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 3/12/2015
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).