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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.

Media enquiries

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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