Date de publication: 30 novembre 2007
Promoteur – Intermédiaire Financier
Banque Socredo, owned by French Polynesia, Agence française de développement (AFD) and BRED of the Banques Populaires Group.Lieu
Description
Credit line for a maximum amount of EUR 5 million for projects in the environmental and renewable energy sectors in French Polynesia.
Objectifs
The promoter is a universal bank whose corporate purpose is to contribute to French Polynesia's economic and social development. Banque Socredo wishes to step up its activity in the renewable energy and environmental sectors. It has a substantial pipeline of projects to be financed in the renewable energy field (hydropower, solar energy, ocean thermal energy, etc.), as well as in the waste processing sector.
This operation is also in line with the EIB’s renewable energy financing objectives and the Commission’s strategy for the Pacific Islands, which is based on a “blue-green” central theme focusing on the environment and renewable energy.
It is the first operation of this type in the Pacific and will contribute to sustainable development in the environmental and renewable energy fields by providing the final beneficiaries with improved access to long-term financing carrying an interest subsidy.
Secteur(s)
Montant BEI envisagé (montant approximatif)
Up to EUR 5 million.
Coût total (montant approximatif)
Not applicable.
Aspects environnementaux
The promoter undertakes to propose to the EIB a list of environmental projects that are likely to be suitable for financing through this credit line.
Banque Socredo will be responsible for submitting to the EIB the necessary environmental approvals, which may be based on estimates of the project's environmental impact. The EIB reserves the right to request additional analyses to ensure that the projects financed comply with the Bank's environmental guidelines.
Passation des marchés
The promoter will ensure that the procurement procedures comply with the EIB's guidelines and the European Union regulations applicable in French Polynesia.
Statut
Signé - 10/12/2007
Clause de non-responsabilité
Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).