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    Reference: 20110299
    Release date: 30 August 2011

    Promoter – Financial Intermediary

    STMicroelectronics N.V.

    Location

    Description

    Investments to cover the full cycle from Technology Platform Research and Product RDI up to application-centred RDI.

    Objectives

    The project concerns the financing of RDI activities from Technology Platform Research and Product RDI up to application-centred RDI as well as the upgrade and capacity expansion of an existing semiconductor manufacturing plant.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    Up to EUR 350 million

    Total cost (Approximate amount)

    To be determined during appraisal.

    Environmental aspects

    Semiconductor RDI and manufacturing facilities are not specifically covered by Annexes I & II of the EU Directive 85/337/EEC, as amended by 97/11/EC, 2003/35/EC and 2009/31/EC, and the, and therefore not subject to mandatory Environmental Impact Assessment. The proposed investments will take place mainly inside buildings at RDI and manufacturing facilities already being used for similar activities, and are not expected to have a significant environmental impact on the surroundings. Full environmental details will be assessed during appraisal.

    Procurement

    The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives on procurement.

    Status

    Signed - 12/03/2013

    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

    Italy Industry