Innovative Heating Systems

Promoteur – Intermédiaire Financier

Vaillant GmbH

Lieu

• Allemagne

Description

The project concerns the promoter’s several RDI investments aimed at improving the energy efficiency and environmental compatibility of residential heating, air-conditioning and power generation systems, thereby reducing fossil fuel consumption and CO2 emissions. The project will be carried out between 2009 and 2011 at the promoter’s R&D centres, mainly in Germany.

Objectifs

The project will contribute to developing the promoter’s knowledge and know-how in the field of energy-efficient heating and air-conditioning technologies and, through the resulting increased use of renewable energy technologies for HVAC applications, it is expected to bring about positive environmental results in terms of reduction of energy consumption, particularly in residential buildings, and of carbon emissions.

Secteur(s)

• Industrie

Montant BEI envisagé (montant approximatif)

EUR 105 million

Coût total (montant approximatif)

EUR 210 million

Aspects environnementaux

The project concerns investments in research and development that are expected to be carried out in existing facilities already authorised in which case an EIA therefore would not be required by EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC. However, the Bank’s services will verify details, and especially the ones related to the location of the R&D facilities, during the project’s due diligence.

Passation des marchés

Procurement is expected to be in line with EIB guidelines for private sector projects. The Bank’s services will verify details during the project’s due diligence.

Statut

Signé - 17/12/2009