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    Reference: 20140293
    Release date: 29 July 2015

    Promoter – Financial Intermediary

    Private company to be created

    Location

    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 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 Credit lines