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Reference: 20240417
Release date: 24 September 2024

Promoter – Financial Intermediary

DEPARTEMENT DU CALVADOS

Location

Description

The loan will finance the multiannual investment programme of the Department of Calvados (Fr) under its Low Carbon Strategic Programme involving the new construction, reconstruction, extension and renovation of secondary schools, public buildings used by students as well as the related administrative buildings.

Objectives

The aim is to provide good quality education, by adapting the secondary school facilities to the changes in the local demand. The project will also strengthen the resilience of school infrastructure to the risks of climate change and improve energy efficiency.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 110 million

Total cost (Approximate amount)

EUR 220 million

Environmental aspects

Directive 2011/92/EU amended by 2014/52/EU on Environmental Impact Assessment (EIA) does not specifically cover educational activities, leaving it at the discretion of the responsible competent authorities to request an EIA on the basis of the location and scale of the works concerned. However, educational facilities may fall under Annex II of the Directive with respect to urban development. The project will include new buildings and renovations, which will comply with the 2010/31/EU Directive on the energy performance of buildings and Directive 2012/27/EU on energy efficiency. The EIB will verify during appraisal whether the competent authority requires an EIA. The project is expected to contribute to climate action and environmental sustainability (CA&ES) objectives, in particular to climate mitigation and climate adaptation.

Procurement

The promoter has to ensure that contracts for implementation of the project have been and will be tendered in accordance with the applicable EU procurement legislation, 2014/24/EU as well as 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. At this stage some contracts (studies) might already have been signed but this will be verified during the appraisal.

Status

Signed - 27/11/2024

Milestone
Under appraisal
Approved
Signed
22 October 2024
27 November 2024

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 Education