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    Signature(s)

    Amount
    € 30,000,000
    Countries
    Sector(s)
    Denmark : € 30,000,000
    Industry : € 30,000,000
    Signature date(s)
    9/08/2018 : € 30,000,000

    Summary sheet

    Release date
    25 April 2018
    Status
    Reference
    Signed | 09/08/2018
    20160330
    Project name
    Promoter - financial intermediary
    BAVARIAN NORDIC FILL & FINISH PRODUCTION SITE
    BAVARIAN NORDIC A/S
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 30 million
    EUR 98 million
    Location
    Sector(s)
    Description
    Objectives

    This project will support Bavarian Nordic, a fully integrated Danish biotechnology company focused on the development, manufacturing and commercialisation of cancer immunotherapies and vaccines for infectious diseases. Financing is required for capital expenditure investments in Denmark.

    The project supports the company's investments into a new fill-finish manufacturing facility. The investments cover the operational expenditure (OPEX) and capital expenditure (CAPEX) costs to construct, furnish and validate the new manufacturing facility to a commercial level. By co-investing in this project, the Bank contributes to fostering the generation of scientific knowledge and acumen within Europe, in addition to creating skilled employment opportunities.

    Environmental aspects
    Procurement

    The project falls under the annex II of the Environmental Impact Assessment (EIA) directive (2014/52/EU), referring to the manufacture of pharmaceutical products. The project has been screened by the competent authorities and there is no EIA required. Full environmental details will be assessed during the appraisal.

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

    Related projects

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - BAVARIAN NORDIC FILL & FINISH PRODUCTION SITE
    Publication Date
    25 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    80779954
    Document Focus
    Environmental Information
    Project Number
    20160330
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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