Reference: 20190236
Release date: 10 September 2019

Promoter – Financial Intermediary

BPCE

Location

Description

The project consists of an intermediated lending in support of small to mid-sized renewable energy projects in France (onshore wind, photovoltaic, geothermal, hydro, biomass and waste treatment/biogas).

Objectives

This project aims to contribute to renewable energy targets in France and the European Union.

Sector(s)

  • Energy - Electricity, gas, steam and air conditioning supply

Proposed EIB finance (Approximate amount)

EUR 250 million

Total cost (Approximate amount)

EUR 500 million

Environmental aspects

This operation is intended to generate environmental benefits by supporting projects that help mitigate climate change. The Bank will assess the capacity and procedures of the Financial Intermediary to ensure compliance with the national and European environmental and biodiversity regulations as well as their capacity to support the Bank's public disclosure policy, which aims to facilitate access by the public to environmentally-relevant information.

Procurement

Final beneficiaries will be requested to comply with applicable national and EU Procurement Directives, as appropriate.

Status

Signed - 11/12/2019

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 Energy