Release date: 12 December 2014
Promoter – Financial Intermediary
Acceptable corporate(s)Location
Description
The programme concerns the R&D activities carried out in the field of opto-semiconductors (OS) for Light Emitting Diodes (LED) in the visible as well as invisible light spectrum. These measures will be implemented during the years 2014-2016.
Objectives
The new products will help to replace the traditional lamps still used in many areas with more energy efficient lighting solutions.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
EUR 403 million
Environmental aspects
The investments will concern R&D activities most likely within existing facilities. Therefore, it is unlikely that the project will fall under Annex I and II of Directive 2011/92/EC. Nevertheless, the environmental details including environmental objectives of the R&D program and if needed, the CO2 footprint as well as the possible impacts on protected flora and fauna (Habitats 92/43/EEC and Birds 79/409/EEC Directives) will be assessed during the appraisal.
Procurement
The promoter is a private company not operating in the utilities sector and not having a status of a contracting authority. Thus, it is not covered by the EU directives on procurement.
Status
Signed - 5/12/2014
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).