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Reference: 20150586
Release date: 27 December 2016

Promoter – Financial Intermediary

INDRA SISTEMAS SA

Location

Description

The project comprises the promoter's ongoing expenditures on research, development and innovation for the development of ICT solutions in the promoter's client industries, including smart energy, transport and industry.

Objectives

The project supports a European promoter in its efforts to foster its competitive position in high value added products by investing in R&D and contributes to the targets of the Europe 2020 Strategy.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 80 million

Total cost (Approximate amount)

EUR 166 million

Environmental aspects

Final beneficiaries will be requested to comply with applicable EU legislation, as appropriate

Procurement

Final beneficiaries will be requested to comply with applicable EU legislation, as appropriate.

Status

Signed - 23/12/2016

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).

Related tags

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