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PSA EURO 5 ET 6 R&D

Signature(s)

Amount
€ 400,000,000
Countries
Sector(s)
France : € 400,000,000
Industry : € 400,000,000
Signature date(s)
16/04/2009 : € 400,000,000
Link to source
Data sheet
PSA EURO 5 ET 6 R&D
Other links
Summary sheet
PSA R&D EURO 5 and 6

Summary sheet

Release date
19 December 2008
Status
Reference
Signed | 16/04/2009
20080653
Project name
Promoter - financial intermediary
PSA R&D EURO 5 and 6

PSA Peugeot Citroën Automobiles S.A.

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 400 million.
EUR 800 million (R&D expenditure only).
Location
Sector(s)
Description
Objectives

Part-financing of the PSA Group's R&D investment programme to upgrade its range of cars to "EURO 5" and "EURO 6" standards.

The purpose of the project is to develop cleaner propulsion technologies, thereby reducing the environmental impact of car travel.

Environmental aspects
Procurement

The project concerns research and development activities to be carried out in existing facilities. The promoter's environmental management system meets ISO 14001 standards and the project will help to improve the group's products, thereby reducing the pollution emitted by its cars.

EU procurement rules do not apply to this private sector project.

Comments

Loan foreseen under the European Clean Transport Facility (ECTF)

Link to source
Summary sheet
PSA R&D EURO 5 and 6
Other links
Data sheet
PSA EURO 5 ET 6 R&D

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).

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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