100 M€ loan by the EIB for the schools of Seine et MarneSeptember 4, 2015
Hat: 100 million euro to renovate schools: Seine et Marne has obtained a loan from the European Investment Bank
Funding Scheme: 2015-09-04
Pgm2014 2020: Yes
This long-term loan granted at a favourable interest rate lower than 2%, will allow the department to renovate 12 schools in order to facitate the accessibility of the buildings, to improve their energy performance and to supply them with digital devices.
This loan in the education field is enshrined within the financing priorities of the European Investment Bank (EIB) in the same terms as innovation, support to SME and to public infrastructures.
The EIB has reserved since 2013 6 billion euro per year to infrastructure modernisation in France (80 billion euro to the European Union as a whole). In particular, the EIB is responsible for the implentation of the “Juncker Plan” aimed at relaunching growth and employment in Europe by mobilising 315 billion euro during 3 years.
Url description: EIB