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        ROLLS-ROYCE R&D II

        Signature(s)

        Amount
        € 252,445,566.42
        Countries
        Sector(s)
        United Kingdom : € 252,445,566.42
        Industry : € 252,445,566.42
        Signature date(s)
        4/07/2008 : € 252,445,566.42

        Summary sheet

        Release date
        5 February 2008
        Status
        Reference
        Signed | 02/07/2008
        20070332
        Project name
        Promoter - financial intermediary
        Rolls-Royce R&D II
        Rolls-Royce plc
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 300 million
        n.a.
        Location
        Sector(s)
        Description
        Objectives

        Development of a large aircraft engine (“Trent XWB”), integrating a number of innovative technologies.

        The project would contribute to furthering private sector investment in research and development and innovation, as well as to developing European experience and expertise in science and technology. The project is hence eligible under Article 267 (c) in relation to i2i of the EC Treaty.

        Environmental aspects
        Procurement

        The new engine is expected to bring about benefits for the environment through reduced fuel burn, emissions and noise compared to engines in operation today.

        Because this is a private sector project, EU procurement legislation does not apply to the project.

        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).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
        Alternatively, the EIB can be contacted through its external offices.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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        The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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