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    Reference: 20160391
    Release date: 7 September 2016

    Promoter – Financial Intermediary

    Undisclosed

    Location

    Description

    The project promotes investments in research, development and innovation (RDI) in next-generation telecom data transmission

    Objectives

    The new technology to be developed aims to extend the useful lifecycle of devices and is expected to result in an overall new generation of devices with high potential for commercial scale-up.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 30 million

    Total cost (Approximate amount)

    EUR 79 million

    Environmental aspects

    The activities included in the project concern research, development and innovation on telecom data transmission that are not specifically listed in the Environmental Impact Assessment (EIA) Directive 2011/92/EU, as amended by Directive 2014/52/EU, and that will be carried out in existing facilities without changing their already authorised scope. An EIA is therefore not required by EIA directives.

    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 - 19/12/2016

    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

    Germany Luxembourg Sweden Industry