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    Signature(s)

    Amount
    € 25,000,000
    Countries
    Sector(s)
    Spain : € 25,000,000
    Industrie : € 25,000,000
    Signature date(s)
    21/12/2017 : € 25,000,000

    Summary sheet

    Release date
    26 June 2017
    Status
    Reference
    Signed | 21/12/2017
    20170518
    Project name
    Promoter - financial intermediary
    BATZ AUTOMOTIVE MIDCAP GROWTH INVESTMENTS
    BATZ SC
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 25 million
    EUR 55 million
    Location
    Sector(s)
    Description
    Objectives

    The promoter's investment will include research, development and innovation (RDI) activities, as well as tangible and intangible capital expenditure.

    The entire EIB loan will be used by the promoter to finance its RDI and deployment investments supporting the implementation of the company's strategy. The investments are expected to support Batz Group's competitiveness and growth.

    Environmental aspects
    Procurement

    The project concerns investments in research and development (R&D) and technology deployment that are expected to be carried out in existing facilities already authorised for the same purpose and would therefore not require an environmental impact assessment (EIA) under Directive 2011/92/EU. Full environmental details will be verified during the appraisal.

    The promoter is a private company not operating in the utilities sector and not having the status of a contracting entity. Thus it is not covered by EU rules on procurement.

    Related projects

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - BATZ AUTOMOTIVE MIDCAP GROWTH INVESTMENTS
    Publication Date
    23 Jan 2018
    Document language
    Main Topic
    Lending
    Document Number
    76147964
    Document Focus
    Environmental Information
    Project Number
    20170518
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - BATZ AUTOMOTIVE MIDCAP GROWTH INVESTMENTS
    Publication Date
    25 Dec 2021
    Document language
    Main Topic
    Lending
    Document Number
    135040998
    Document Focus
    Environmental Information
    Project Number
    20170518
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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