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    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