XYLEM WATER TECHNOLOGIES (RSFF)

Investments in research, development and innovation related to water transport, treatment and analytics, as well as related automation during the period of 2013-2016.

The project will continue to develop knowledge and expertise in the field of water and wastewater handling technologies, materials technology and data management systems. The project is likely to bring about positive environmental results mainly through the activities related to energy efficiency, resource recovery and water supply efficiency.

The project concerns primarily investments in research and development that are expected to be carried out in existing facilities already authorized and would therefore not require an Environmental Impact Assessment (EIA) under Annex II of the Annex II of the Directive 2011/92/EU. The project might however also include capital expenditures related to the R&D activities. Whether these investments fall under Annex II of the EIA Directive, along with any other environmental issues, will be clarified during the projects appraisal.

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

The project may be financed under the Risk Sharing Finance Facility (RSFF), which is an innovative credit risk sharing scheme jointly set up by the European Commission and the European Investment Bank to improve access to debt financing for private companies or public institutions promoting activities with a higher financial risk profile in the fields of research, technological development, demonstration and innovation investments.