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Signature(s)

Amount
€ 350,000,000
Countries
Sector(s)
Italy : € 350,000,000
Industry : € 350,000,000
Signature date(s)
12/03/2013 : € 350,000,000
Link to source
Data sheet

Summary sheet

Release date
30 August 2011
Status
Reference
Signed | 12/03/2013
20110299
Project name
Promoter - financial intermediary
STM R&D Italy

STMicroelectronics N.V.

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 350 million
To be determined during appraisal.
Location
Sector(s)
Description
Objectives

Investments to cover the full cycle from Technology Platform Research and Product RDI up to application-centred RDI.

The project concerns the financing of RDI activities from Technology Platform Research and Product RDI up to application-centred RDI as well as the upgrade and capacity expansion of an existing semiconductor manufacturing plant.

Environmental aspects
Procurement

Semiconductor RDI and manufacturing facilities are not specifically covered by Annexes I & II of the EU Directive 85/337/EEC, as amended by 97/11/EC, 2003/35/EC and 2009/31/EC, and the, and therefore not subject to mandatory Environmental Impact Assessment. The proposed investments will take place mainly inside buildings at RDI and manufacturing facilities already being used for similar activities, and are not expected to have a significant environmental impact on the surroundings. Full environmental details will be assessed during appraisal.

The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives on procurement.

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).

Documents

Environmental and Social Data Sheet (ESDS) - STM R&D ITALY
Publication Date
7 Jul 2016
Document language
Main Topic
Lending
Document Number
67568117
Document Focus
Environmental Information
Project Number
20110299
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - STM R&D ITALY
Publication Date
7 Oct 2017
Document language
Main Topic
Lending
Document Number
63447384
Document Focus
Environmental Information
Project Number
20110299
Sector(s)
Regions
Countries
Publicly available
Download now

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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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