The ERDF grant application concerns an operation to restructure a thermal centre, Les Thermes de Luchon. Through this operation, the municipality of Bagnères-de-Luchon, owner of the premises, wishes to restore a declining activity in a place with high heritage value, and enhance a natural resource for medical purposes. This works operation is part of a more global project to restructure and operate the thermal baths through a public service delegation contract signed in January 2022 between the municipality of Bagnères-de-Luchon and the Société d’exploitation des thermalmes de Luchon (SETL), a subsidiary of ARENADOUR CAPITAL, in collaboration with the Occitanie Region through its Regional Construction Planning Agency (ARAC) Occitanie and the Banque des Territoires.