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    Signature(s)

    Amount
    € 44,500,000
    Countries
    Sector(s)
    France : € 44,500,000
    Education : € 44,500,000
    Signature date(s)
    2/08/2024 : € 44,500,000

    Summary sheet

    Release date
    26 January 2024
    Status
    Reference
    Signed | 02/08/2024
    20230679
    Project name
    Promoter - financial intermediary
    EDUCATION RHONE
    DEPARTEMENT DU RHONE
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 44 million
    EUR 96 million
    Location
    Sector(s)
    Description
    Objectives

    Le projet comprend la construction et la rénovation de collèges sous la responsabilité du Département du Rhône en France.

    L'objectif principal du projet est de moderniser et d'améliorer les infrastructures des collèges du Département du Rhône. Le projet vise à adapter l'offre scolaire aux évolutions de la demande locale, à renforcer et améliorer l'acceuil des collégiens, à renforcer la résilience des infrastructures face aux risques des changements climatiques et à améliorer l'efficacité énergétique du parc scolaire du Département.

    Additionality and Impact

    The new and upgraded infrastructure financed by the EIB will accelerate the modernisation of teaching and learning environments in terms of pedagogical appropriateness, energy efficiency, quality, health and safety, improving the provision of lower secondary education. The project will therefore help to address market failures in education by financing infrastructure that will promote positive externalities, including inclusive economic growth and increased knowledge, productivity, climate and environmental externalities.

    The long-term financing provided by the Bank will help to make the investment more profitable for the borrower and diversify its sources of finance. The possibility of obtaining a fixed rate over a long maturity, the deferred repayment period and the flexibility offered at drawdown are all factors that will make it possible to adapt/spread the debt costs.


    The EIB's advice guarantees the technical and economic quality of the investment through the disbursement conditions. Monitoring reports will ensure compliance with disbursement conditions and undertakings.

    Environmental aspects
    Procurement

    Le projet ne concerne pas de nouvelles technologies ou méthodologies spécifiques. Toutes les composantes répondront aux réglementations thermiques actuelles (normes RT2012 et RE2020, selon la date de délivrance de permis de construire) qui sont la transposition nationale des Directives de l'UE. Pour certaines opérations particulières, les performances souhaitées pourront aller au-delà de la réglementation. Le Département ne cherchera pas à obtenir de labels spécifiques de durabilité environnementale.

    La Banque exigera du promoteur d'assurer que les marchés pour la mise en oeuvre du projet seront passés en conformité avec la législation applicable de l'UE (notamment les Directives 2014/24/EC ainsi que la Directive 89/665/EEC) et la jurisprudence de la Cour européenne de justice, y compris en matière de publication des avis de passation des marchés dans le Journal officiel de l'UE, tel que requis.

    Milestone
    Under appraisal
    Approved
    Signed
    6 May 2024
    2 August 2024
    Related projects

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - EDUCATION RHONE
    Publication Date
    22 May 2024
    Document language
    Main Topic
    Lending
    Document Number
    185151680
    Document Focus
    Environmental Information
    Project Number
    20230679
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Other links

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
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