Release date: 15 February 2022
Promoter – Financial Intermediary
ACCESS TO SUSTAINABILITY FOR TENANTS THROUGH ENERGY EFFECTIVE RETROFIT CVLocation
Description
Construction and operations of photovoltaic (PV) installations on rooftops of social housing across the Flemish Region of Belgium.
Objectives
The rooftop installations produce electricity from low carbon sources (solar PV), contributing to the reduction of carbon emissions and air pollution compared to fossil-fuel generation. The project increases the renewable energy generation capacity in Belgium and thus supports the EIB's priority objectives for energy sector lending related to renewable energy sources, as well as national and EU 2030 climate objectives.
Sector(s)
- Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
not disclosed
Total cost (Approximate amount)
not disclosed
Environmental aspects
The plants are located on the rooftops of properties, mostly private households, located in consolidated urban areas. No specific environmental permitting is expected to be required.
Procurement
The Bank will require the Promoter to ensure that contracts for implementation of the project have been tendered in accordance with the applicable EU procurement legislation, Directive 2014/24/EU, as well as Directive 89/665/EEC as interpreted by the Court of Justice of the EU with publication of tender notices in the Official Journal of the EU, as and where required.
Status
Approved - 24/11/2022
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).