Release date: 10 February 2017
Promoter – Financial Intermediary
SENER INGENIERIA Y SISTEMAS SALocation
Description
The project concerns the promoter's research, development and innovation (RDI) investments in Spain for the development of innovative engineering solutions in the renewable energy, space and railway sectors, as well as an information technology (IT) platform for the design and construction of ships.
Objectives
The project will support the leadership of a European company in the space technology and renewable energy sectors, as well as the development of IT solutions in the maritime and railway sectors, by investing in RDI, and thereby contributes to the targets of the Europe 2020 strategy.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 210 million
Environmental aspects
The activities included in the project concern RDI activities that are not specifically listed in the Environmental Impact Assessment (EIA) Directive 2011/92/EU as amended and that will be carried out in existing facilities without changing their already authorised scope. An EIA is therefore not required.
Procurement
The promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions. However, if after the project appraisal, the EIB were to conclude that the promoter is after all subject to EU public procurement legislation, then the Bank would require the promoter to ensure that contracts for the implementation of the project are tendered in accordance with the relevant applicable EU procurement legislation.
Status
Signed - 27/06/2017
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).