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    Signature(s)

    Amount
    € 130,000,000
    Countries
    Sector(s)
    France : € 130,000,000
    Industry : € 130,000,000
    Signature date(s)
    10/01/2011 : € 130,000,000
    Link to source

    Summary sheet

    Release date
    28 June 2010
    Status
    Reference
    Signed | 10/01/2011
    20090726
    Project name
    Promoter - financial intermediary
    Bolloré RDI Electric Vehicle – ID Systems

    Bolloré

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 100 million
    EUR 220 million
    Location
    Sector(s)
    Description
    Objectives

    Financing of an RDI programme launched by the Bolloré group to develop electrical energy storage systems, in particular for applications in electric vehicles, and management and safety solutions for the movement of people and goods.

    The project will serve to improve the promoter’s electric battery and identification systems technology and bring environmental benefits, particularly in terms of reducing CO2 emissions from electric vehicles.

    Environmental aspects
    Procurement

    The project concerns RDI investment in existing plants. During the project appraisal the Bank will check whether the project is subject to EIA Directive 85/337/EEC, as amended by Directives 97/11/EC and 2003/35/EC, in which case an environmental impact assessment would be required.

    The procurement procedures will be required to comply with the EIB’s guidelines on private sector projects. The Bank will check the details during the project appraisal.

    Comments

    The loan comes under the European Clean Transport Facility (ECTF).

    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).

    News & Stories

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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.
    Alternatively, the EIB can be contacted through its external offices.
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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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