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    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Germany : € 200,000,000
    Industry : € 200,000,000
    Signature date(s)
    20/12/2011 : € 75,000,000
    27/06/2011 : € 125,000,000
    Link to source

    Summary sheet

    Release date
    9 November 2010
    Status
    Reference
    Signed | 27/06/2011
    20100478
    Project name
    Promoter - financial intermediary
    Tognum RDI

    Tognum AG

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 200 million.
    Approx. EUR 400 million.
    Location
    Sector(s)
    Description
    Objectives

    The promoter’s investments in low emission engines and low emission onsite energy systems & components and other related measures to reduce the CO2 emission of engines and energy systems produced by the promoter.

    The project’s objectives include the reduction of emissions to comply with upcoming regulations (Tier 4/EU Stage IV), reduction of fuel consumption, complementing and expanding the current product portfolio and improvement of efficiency.

    Environmental aspects
    Procurement

    The project concerns investments in R&D that are expected to be carried out in existing facilities already authorised, in which case an Environmental Impact Assessment (EIA) would not be required by EIA Directive 85/337/EC, amended by Directives 97/11/EC and 2003/35/EC. However, the Bank’s services will verify details related to the location of the R&D facilities, and whether the project includes the implementation of any testing facilities that could fall under Annex II of the EIA directive.

    The promoter is a private-sector company operating in the manufacturing sector not covered by EU Directives on procurement. 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
    Other links

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    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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