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EIB announces new loans to support energy transition in France

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On 7 December 2015, the European Investment Bank (EIB) confirmed that it will finance a number of large-scale projects in France, involving housing, energy efficiency of buildings, support for SMEs and midcaps, and biomass. All these projects will have a direct impact on the daily lives of French citizens.

 

A financial package of EUR 400m – in partnership with the banks BPCE, Banque Postale and Crédit Agricole SA – will be designated for the construction and rehabilitation of public buildings in France to reduce their energy consumption whilst optimising their energy performance. Staying with building renovation and energy efficiency, EIB will, in partnership with Crédit Coopératif, dedicate EUR 75m to social, educational and cultural structures, such as associations, SMEs, midcaps and agricultural cooperatives.

 

Private homes are also at the heart of the EIB's activity in France. As part of an overall programme worth EUR 400m, the European Union's bank has begun financing the first third-party financing companies in order to ensure that private individuals have support and access to "greener", energy efficient, renovated housing.

 

 

For further information, please visit the relevant EIB website.

 

 

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