Financing of Ingeteam's research, development and innovation (RDI) activities in the fields of renewable energy, smart grids, energy efficiency, and traction converters over a period of 4 years
The project comprises the promoter’s investment in research, development and product/process innovation (RDI) related to electronic equipments for renewable energy, such as frequency converters, electric generators for wind turbines, inverters for photovoltaic parks and smart grids solutions as well as other electronic and control systems for electric propulsion.
The project concerns investment in research and development (R&D) activities that are expected to be carried out in existing facilities, in which case an environmental impact assessment (EIA) would not be required according to Directive 2011/92/EU. Full environmental details will be assessed during the appraisal.
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.
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).
News & Stories
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.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.
Zero tolerance against fraud and corruption
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.