BOYSEN R&D

Financing of Boysen Group's research and development (R&D), including R&D infrastructure, for the period 2013-2015 focusing on technology for exhaust pollutant emissions and noise reduction as well as technology to convert exhaust heat into energy.

The project concerns the promoter’s R&D investments to be carried out in Germany over the period 2013-2015, for the development of advanced technology in the field of exhaust after-treatment system with applications in passenger and light-commercial vehicles as well as in heavy duty and off-highway vehicles. The project also includes the construction of a new innovation centre, which will be built during the period 2013-2015 besides the existing R&D centre located at the promoter’s headquarters in Altensteig.

The Bank’s services will verify during appraisal whether an Environmental Impact Assessment (EIA) is required by the competent authority, in conformity with the requirements of the EIA directive (2011/92/EU), as well as any potential impact on nature conservation sites.

The promoter is a private company not operating in the Utilities sector and not having a status of a contracting authority. Thus it is 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.