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Reference: 20130116
Release date: 10 July 2013

Promoter – Financial Intermediary

COMMUNAUTE DE L'AGGLOMERATION ROUEN-ELBEUF-AUSTREBERTHE

Location

Description

The Project consists of a multi-component urban regeneration investment programme on former industrial sites in the centre and West of Rouen, a medium-size city in Normandy (France). This project is co-led by Communauté de l'agglomération de Rouen-Elbeuf-Austerberthe (CREA) and Ville de Rouen and includes (i) energy-efficient housing and facilities (including new administrative buildings meeting stringent energy efficiency standards) and (ii) pedestrian and cycling infrastructure (bridge, pathways alongside the Seine). The total investment cost is estimated at cEUR 200m.

Objectives

The Project aims at regenerating two former industrial sites near Rouen's city centre and will allow the development of sustainable communities including amenities, housing, soft transport and other facilities.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 50 million

Total cost (Approximate amount)

EUR 198 million

Environmental aspects

The investment programme is based on comprehensive urban regeneration and development strategies and plans. The question of the project (i) falling within a plan or a programme requiring a Strategic Environmental Assessment (SEA) in line with the EU Directive 2001/42/EC and/or (ii) falling under the Environmental Impact Assessment Directive 2011/92/EU will be further examined during appraisal. Energy efficiency requirements in line with the EU Directive on the Energy Performance of Buildings (recast) 2010/31/EU will also be further assessed during project appraisal.

Procurement

The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir 2004/18/EEC/ or 2004/17/EEC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

Status

Signed - 7/07/2014

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).

Related tags

France Urban development