XYLEM WATER TECHNOLOGIES

Investments in research, development and innovation related to water transport, treatment and analytics, as well as related automation during the period of 2013-2016.

Objectives

The project will continue to develop knowledge and expertise in the field of water and wastewater handling technologies, materials technology and data management systems. The project is likely to bring about positive environmental results mainly through the activities related to energy efficiency, resource recovery and water supply efficiency.

Comments

The project may be financed under the Risk Sharing Finance Facility (RSFF), which is an innovative credit risk sharing scheme jointly set up by the European Commission and the European Investment Bank to improve access to debt financing for private companies or public institutions promoting activities with a higher financial risk profile in the fields of research, technological development, demonstration and innovation investments.

Sector(s)

Industry

Proposed EIB finance (Approximate amount)

EUR 120 million

Total cost (Approximate amount)

EUR 247 million

Environmental aspects

The project concerns primarily investments in research and development that are expected to be carried out in existing facilities already authorized and would therefore not require an Environmental Impact Assessment (EIA) under Annex II of the Annex II of the Directive 2011/92/EU. The project might however also include capital expenditures related to the R&D activities. Whether these investments fall under Annex II of the EIA Directive, along with any other environmental issues, will be clarified during the projects appraisal.

Procurement

The promoter is a private sector company operating in the manufacturing sector not covered by EU Directives on procurement.

Status

Signed - 14/12/2012.

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).

Projects

RDI concerning water transport, analysis and treatment in Austria, Hungary, Italy, Norway, Germany, United Kingdom and Sweden

E-mail

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Guide to procurement

This Guide applies specifically to those components of a project identified for the Bank's financing.