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    Signature(s)

    Amount
    € 40,000,000
    Countries
    Sector(s)
    Italy : € 40,000,000
    Industry : € 40,000,000
    Signature date(s)
    4/05/2015 : € 40,000,000

    Summary sheet

    Release date
    28 November 2014
    Status
    Reference
    Signed | 04/05/2015
    20140549
    Project name
    Promoter - financial intermediary
    TREVI GROUP R&D II
    TREVI - FINANZARIA INDUSTRIALE SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 40 million
    EUR 87 million
    Location
    Sector(s)
    Description
    Objectives

    Funding of Trevi Group research and development (R&D) in the field of innovative drilling technology for the period 2015 to 2018

    The project concerns the promoter’s research, development and innovation (RDI) activities to be carried out between 2015 and 2018 within its Divisions Drillmec (design and manufacture of drilling and workover rigs and equipment for onshore and offshore oil & gas applications as well as for geothermal and hydric applications) and Trevi (development of technology and machinery for foundation, tunnelling and soil consolidation). The activities will be mainly carried out by the R&D departments of the two companies in Italy and will involve the development of new technology, machinery and processes.

    Environmental aspects
    Procurement

    The promoter’s investments concern research and engineering activities that are expected to be carried out in existing facilities and within the scope and limits for which authorisation has been received. An environmental impact assessment (EIA) would therefore not be required for these activities. However the RDI carried out by Drillmec will result in the construction of five prototypes, whose field testing could fall under Annex II of the EIA Directive. All relevant details, including compliance with the EIA Directive and any other relevant environmental requirements will be reviewed during the due diligence process.

    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 being subject to EU rules on public procurement.

    Disclaimer

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - TREVI GROUP R&D II
    Publication Date
    1 Apr 2015
    Document language
    Main Topic
    Lending
    Document Number
    58245980
    Document Focus
    Environmental Information
    Project Number
    20140549
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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