Release date: 10 April 2017
Promoter – Financial Intermediary
Flexenclosure ABLocation
Description
Financing the promoter's expenditures in research and development (R&D) and growth in the area of pre-fabricated data centres and hybrid energy solutions primarily for the deployment of information and communication technology (ICT) infrastructure in developing markets
Objectives
The project is expected to increase the promoter's competitive strength and the level of innovativeness of its products in the field of modular ICT infrastructure.
Sector(s)
- Services - Information and communication
Proposed EIB finance (Approximate amount)
EUR 10 million
Total cost (Approximate amount)
EUR 25 million
Environmental aspects
The project concerns investments in research, development and innovation (RDI), as well as capital expenditure, that are expected to be carried out in existing facilities already authorised for the same purpose. Full environmental details will be reviewed 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 - 31/10/2017
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).