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Signature(s)

Amount
€ 110,000,000
Countries
Sector(s)
Germany : € 11,000,000
France : € 11,000,000
Italy : € 88,000,000
Industry : € 110,000,000
Signature date(s)
10/11/2017 : € 11,000,000
10/11/2017 : € 11,000,000
10/11/2017 : € 88,000,000
Link to source

Summary sheet

Release date
11 July 2017
Status
Reference
Signed | 15/11/2017
20170395
Project name
Promoter - financial intermediary
PRYSMIAN CABLING SYSTEMS R&D
PRYSMIAN SPA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 110 million
EUR 221 million
Location
Sector(s)
Description
Objectives

The project concerns research and development activities related to the manufacturing of energy-efficient electricity and telecommunications cabling systems.

The project will contribute to increasing the promoter's knowledge and know-how in the fields of (i) electricity transmission, cabling and control systems; (ii) telecommunications cabling systems.

Environmental aspects
Procurement

The project concerns investments in research and development expected to be carried out in existing facilities that will not change their already authorised scope and would therefore not require an environmental impact assessment (EIA).

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

Link to source
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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) - PRYSMIAN CABLING SYSTEMS R&D
Publication Date
1 Nov 2017
Document language
Main Topic
Lending
Document Number
75489651
Document Focus
Environmental Information
Project Number
20170395
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - PRYSMIAN CABLING SYSTEMS R&D
Publication Date
25 Dec 2021
Document language
Main Topic
Lending
Document Number
147184718
Document Focus
Environmental Information
Project Number
20170395
Sector(s)
Regions
Countries
Publicly available
Download now

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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