Signature(s)
Summary sheet
The Project concerns the financing of research, development and innovation in sustainable lighting solutions and digitalisation.
The Project supports the Promoter's R&D in the field of innovative lighting solutions and components, aimed at developing new and upgraded lighting products and services, with enhanced energy efficiency, improved connectivity with embedded IoT (Internet of Things) functionalities, improved sustainability and a higher degree of customisation.
The project consists of investments in RDI that are not listed in any of the Annexes of the Environmental Impact Assessment (EIA) Directive 2011/92/EU amended by the Directive 2014/52/EU. The environmental details will be verified during the Project appraisal.
The Promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions. However, if at the project appraisal, the EIB were to conclude that the Promoter is subject to the EU public procurement legislation then the Bank would duly inform the Commission Services and would require the Promoter to apply those rules.