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    € 250,000,000
    France : € 17,500,000
    Germany : € 45,000,000
    EU Countries : € 50,000,000
    Denmark : € 137,500,000
    Industry : € 250,000,000
    Signature date(s)
    21/12/2015 : € 17,500,000
    21/12/2015 : € 45,000,000
    21/12/2015 : € 50,000,000
    21/12/2015 : € 137,500,000
    Link to source

    Summary sheet

    Release date
    8 December 2015
    Signed | 21/12/2015
    Project name
    Promoter - financial intermediary
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 250 million
    EUR 537 million

    The project comprises the promoter's EU-based research, development and innovation (RDI) activity in its four divisions of power solutions, cooling, drives and heating. The activities will be carried out in the period 2015-18, mainly in the promoter's research and development (R&D) centre in Denmark (55% of the project cost), partly in Germany and France and in other EU countries.

    The project will help to improve the performance of the promoter's products and equipment in the field of refrigeration and air conditioning, power electronics, heating solutions, commercial compressors and district heating/cooling. It will also strengthen the innovative capacity of the promoter in the internationally competitive market segment of climate and energy. Some of the expected benefits, particularly in terms of environmental impact, are energy efficiency and CO2 reduction.

    Environmental aspects

    The project RDI activities do not fall under any annexes of Directive 2011/92/EU will be carried out in existing already authorised facilities that will not change their scope due to the project. An environmental impact assessment (EIA) is therefore not needed. The project, if successful, will have positive environmental effects leading to the introduction to the market of better performing and more environmentally friendly equipment that will replace less eco-friendly devices.

    The promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having a status of a contracting entity, thus not subject to EU rules on public procurement.

    Link to source


    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).


    Environmental and Social Data Sheet (ESDS) - DANFOSS RDI
    Publication Date
    6 Jan 2016
    Document language
    Main Topic
    Document Number
    Document Focus
    Environmental Information
    Project Number
    Publicly available
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