SPEE EN PICARDIE

Promoter – Financial Intermediary

REGIE REGIONALE DU SERVICE PUBLIC DE L'EFFICACITE ENERGETIQUE

Location

• France

Description

The project will support the thermal refurbishment of residential buildings and the use of renewable energies in the region of Picardie, France.

Objectives

The works will lead to a decrease in energy consumption of the buildings. The performance level targeted will result in a reduction of up to 75% (modulated) of the overall energy consumption of the buildings, depending on the financial performance of the planned measures. The works mainly consist of improving the insulation of the buildings, as well as renovation of the buildings' heat generation and distribution system, including ventilation systems. The use of renewable energies (e.g. small scale wood-fired boilers or solar thermal collectors) may also be included in the works.

Comments

Sector(s)

• Energy - Electricity, gas, steam and air conditioning supply
• Industry - Construction

Proposed EIB finance (Approximate amount)

EUR 36 million

Total cost (Approximate amount)

EUR 58 million

Environmental aspects

This operation intends to bring environmental benefits by supporting projects that reduce energy consumption, and help to mitigate climate change. The individual schemes to be financed are likely to be small and are expected to have very limited negative environmental impacts. Given the scale, location and nature of the sub-projects in built-up urban areas, an EIA, as defined under the EIA Directive 2011/92/EU, is not required.

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 (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/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.

Status

Signed - 7/12/2015