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    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    Italy : € 50,000,000
    Industry : € 50,000,000
    Signature date(s)
    16/01/2019 : € 10,000,000
    6/10/2017 : € 40,000,000

    Summary sheet

    Release date
    15 September 2017
    Status
    Reference
    Signed | 06/10/2017
    20170472
    Project name
    Promoter - financial intermediary
    AVIO SPACE PROPULSION SYSTEMS RDI
    AVIO SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 million
    EUR 108 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the promoter's investments in RDI in the field of space propulsion systems as well as capital expenditures for the modernisation and expansion of the manufacturing capacity of its main Italian production site over the period 2017-2020.

    The project is expected to support the growth of the group as well as the development of new products and technologies through RDI activities. Moreover, the capital investments target the expansion of the promoter's production capacity in Italy.

    Environmental aspects
    Procurement

    The project concerns investments related to the research and development and to the manufacturing of space propulsion systems that are not specifically listed in the EIA directive Annex I or II. An Environmental Impact Assessment (EIA) is therefore not required under Directive 2014/52/EU amending the EIA Directive 2011/92/EU. Environment details will however be checked during appraisal.

    The promoter is a private company not operating in the Utilities sector and not having a status of a contracting authority. Thus it is not covered by EU Directives on 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) - AVIO SPACE PROPULSION SYSTEMS RDI
    Publication Date
    12 Mar 2020
    Document language
    Main Topic
    Lending
    Document Number
    77978216
    Document Focus
    Environmental Information
    Project Number
    20170472
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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