Release date: 7 September 2016
Promoter – Financial Intermediary
ACCEPTABLE CORPORATE(S)Location
Description
The project relates to the financing of the promoter's research, development and innovation (RDI) investments in France and Belgium. The investment plan concerns imaging science, media computing, data processing and connected homes solutions. The RDI programme will be implemented during 2016-2018.
Objectives
The project will support the leadership of a company in the global media, entertainment and connected home industries by investing in RDI.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 75 million
Total cost (Approximate amount)
EUR 155 million
Environmental aspects
The investments will concern RDI activities most likely within existing facilities. Therefore, it is unlikely that the project will fall under Annex I or II of Directive 2011/92/EU, as amended. Nevertheless, the environmental details including environmental objectives of the RDI programme and, if needed, the CO2 footprint as well as the possible impact on protected flora and fauna will be assessed during the appraisal.
Procurement
The promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having the status of a contracting entity, thus not subject to EU rules on public procurement.
Status
Signed - 16/12/2016
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).