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Signature(s)

Amount
€ 300,000,000
Countries
Sector(s)
Germany : € 300,000,000
Industry : € 300,000,000
Signature date(s)
17/12/2009 : € 300,000,000
Link to source
Data sheet

Summary sheet

Release date
14 July 2009
Status
Reference
Signed | 17/12/2009
20090217
Project name
Promoter - financial intermediary
MAN Trucks RDI

MAN Nutzfahrzeuge AG

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 300 million.
EUR 600 million.
Location
Sector(s)
Description
Objectives

The project concerns the promoter’s RDI investments to improve the fuel consumption, reduce emissions and enhance overall energy efficiency of the company’s commercial vehicles (trucks and buses).

The aim of the project is to improve the fuel consumption, emissions and overall energy efficiency of the company’s commercial vehicles, in the area of (i) drivetrain development with development and deployment of Euro V and VI drivetrains, development of new engine, and improvement of the drivetrain efficiency with the introduction of heat and energy recuperation technologies; (ii) vehicle development with work on weight reduction, energy management and optimised vehicle dynamics and controls; (iii) development of simulation techniques; and (iv) development of hybrid trucks and buses.

Environmental aspects
Procurement

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 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.

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.

Link to source
Summary sheet

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).

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Other links
Data sheet
Summary sheet

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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.
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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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