Release date: 15 May 2008
Promoter – Financial Intermediary
STMicroelectronics NV.
Location
Description
The project concerns activities in the field of advanced semiconductor R&D for logic, mixed signal and analog technologies, for the period 2008-2010.
Objectives
The project helps the promoter in its effort to foster its competitive position in high value added products by investing in R&D and contributes to the targets of the European Growth Initiative.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 250 million
Total cost (Approximate amount)
Up to EUR 800 million
Environmental aspects
Semiconductor manufacturing facilities are not specifically covered by Annexes I & II of EU Directive 97/11/EC, as amended by 2003/35/EC, and therefore not subject to mandatory Environmental Impact Assessment. The proposed investments will take place mainly inside buildings at R&D facilities already being used for similar activities, and are not expected to have a significant environmental impact on the surroundings.
Procurement
The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives on procurement.
Status
Signed - 21/07/2008