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Summary sheet

Release date
11 October 2024
Status
Reference
Approved | 19/06/2025
20240484
Project name
Promoter - financial intermediary
SODIAAL RDI PROGRAMME II
SODIAAL INTERNATIONAL - SOCIETE DE DIFFUSION INTERNATIONALE AGRO-ALIMENTAIRE
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 70 million
EUR 144 million
Location
Sector(s)
Description
Objectives

The programme supports the research, development and innovations (RDI) activities of Sodiaal, a dairy cooperative in France. More specifically, the RDI activities concern: (i) the development of innovative dairy products; (ii) additional applications of existing ingredients; (iii) support the decarbonisation of milk producers.

The aim is to increase the resource efficiency of the promoter's current industrial activities and its resilience.

Environmental aspects
Procurement

The 4-year programme includes RDI activities and small capital expenditure (CAPEX) investments carried out within existing facilities in France. Therefore, the project does not fall under the Environmental Impact Assessment (EIA) Directive 2014/52/EU (amending 2011/92/EU). The national legislation requirements, including permitting and public consultations, will be reviewed during the appraisal.

The promoter has been assessed by the EIB as a private company not subject to EU rules on public procurement or concessions. However, if after the project appraisal, the EIB were to conclude that the promoter is after all subject to the EU public procurement legislation Directive 2014/24/EU, then the promoter shall ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation Directive 2014/24/EU, where applicable, as well as Directive 89/665/EEC as interpreted by the Court of Justice of the European Union, with the publication of tender notices in the Official Journal of the European Union, as and where required.

Milestone
Approved
19 June 2025
Related projects
Link to source

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) - SODIAAL RDI PROGRAMME II
Publication Date
26 Jun 2025
Document language
Main Topic
Lending
Document Number
238081760
Document Focus
Environmental Information
Project Number
20240484
Sector(s)
Regions
Countries
Publicly available
Download now

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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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