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    Signature(s)

    Amount
    € 80,000,000
    Countries
    Sector(s)
    Germany : € 80,000,000
    Industry : € 80,000,000
    Signature date(s)
    21/12/2017 : € 80,000,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    5 January 2018
    Status
    Reference
    Signed | 21/12/2017
    20170355
    Project name
    Promoter - financial intermediary
    LED LAMPS RDI
    LEDVANCE GMBH
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 80 million
    EUR 187 million
    Location
    Sector(s)
    Description
    Objectives

    The program concerns the Research, Development and Innovation (RDI) activities carried out in the field of lamps and luminaires based on Light Emitting Diodes (LED) mainly for the mass market. The research specifically focuses on: - a wider application of the LED technology; - further cost reductions and the increased usability of such products for the replacement of existing less efficient lamps; - new luminaires and innovative lighting solutions for smart applications.

    The key focus of the research is on a wider application of the LED technology, further cost reductions and the increased usability of such products for the replacement of existing less efficient lamps, new luminaires and innovative lighting solutions for smart applications.

    Environmental aspects
    Procurement

    The project activities do not fall under Annexes I and II of the EU Directive 2014/52/EU amending the EIA Directive 2011/92/EU, and are therefore not subject to mandatory Environmental Impact Assessments.

    The promoter has been assessed by 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. The Bank's services will verify details during the project's due diligence.

    Link to source
    Summary sheet
    Other links

    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) - LED LAMPS RDI
    Publication Date
    27 Jan 2018
    Document language
    Main Topic
    Lending
    Document Number
    79380684
    Document Focus
    Environmental Information
    Project Number
    20170355
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Other links
    Summary sheet
    Data sheet

    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.

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    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    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.

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