Summary sheet
Promoter : Région Midi-Pyrénées
Borrower : Acceptable banks to be selected by the promoter
Framework loan to finance renewable energy projects, including mainly photovoltaics and wind energy and anaerobic digestion with organic waste; as well as most likely energy efficiency in the Midi-Pyrénées region.
Energy
Protection of Environment and Sustainable Communities
This operation intends to bring environmental benefits by supporting projects that help to mitigate climate and reduce energy consumption. The individual schemes are likely to be small and would be expected to have limited environmental impacts. Due to their technical characteristics, the schemes to be proposed for allocation are likely to fall under Annex II of the EIA Directive. The Bank will assess the capacity and procedures of financial intermediaries to ensure compliance with national and European environmental and biodiversity regulations.
The Bank will review the systems and procedures applied by the scheme promoters during appraisal, including compliance with relevant national and EU legislation, as defined by Procurement Directive 2004/17/EC, and publication in the Official Journal of the EU where appropriate.