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Summary sheet

Release date
9 January 2026
Status
Reference
Under appraisal | 18/12/2025
20250533
Project name
Promoter - financial intermediary
TOURS METROPOLE DEVELOPPEMENT URBAIN
TOURS METROPOLE VAL DE LOIRE
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 125 million
EUR 280 million
Location
Sector(s)
Description
Objectives

The project is structured as a multi-sector Framework Loan (FL) to support the multi-sector investment programme of Tours Metropole Val de Loire. This entails urban renewal and regeneration schemes, water management and social infrastructure as well as sustainable mobility in line with the borrower's climate agenda.

The FL will support the implementation of the promoter urban development/renewal and climate strategies. It will include among others the construction, upgrade or refurbishment of public infrastructure comprising i.a. the following eligible sectors: open spaces and green areas, climate adaptation, sustainable mobility, energy efficiency, water management schemes and social infrastructure.

Environmental aspects
Procurement

The project will be implemented in line with the requirements of the applicable environmental legislation, mainly the environmental impact assessment (EIA) Directive 2011/92/EU as amended by Directive 2014/52/EU, Strategic Environmental Assessment (SEA) Directive 2001/42/EC, EU Habitats Directive 92/43/EEC, Birds Directive 2009/147/EC. Furthermore, for new and refurbished buildings, the promoter will ensure that the project is implemented in line with EU Directive on Energy Performance of Buildings. If applicable, the project will have to comply with the requirement of the EU Water Framework Directive. Finally, the project is expected to contribute to the Bank's Climate Action and Environmental Sustainability objectives, in particular to climate mitigation and adaptation, pollution prevention, protection and restoration of biodiversity and ecosystems.

The promoter will ensure that contracts for implementation of the project have been or will be tendered in accordance with the applicable EU procurement legislation: Directive 2014/23/EU / 2014/24/EU / 2014/25/EU as well as Directive 92/13/EEC or Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

Milestone
Under appraisal
Link to source

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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
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.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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