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STM R&D Italy

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STM R&D Italy

  •  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.

Comments
 
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 data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).



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