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Signature(s)

Amount
€ 40,000,000
Countries
Sector(s)
France : € 40,000,000
Industry : € 40,000,000
Signature date(s)
21/12/2018 : € 40,000,000
Link to source

Summary sheet

Release date
2 January 2019
Status
Reference
Signed | 21/12/2018
20170565
Project name
Promoter - financial intermediary
SODIAAL RDI IN DAIRY ACTIVITIES
SODIAAL INTERNATIONAL - SOCIETE DE DIFFUSION INTERNATIONALE AGRO-ALIMENTAIRE
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 40 million
EUR 80 million
Location
Sector(s)
Description
Objectives

The project consists of supporting the research and innovations activities of Sodiaal, a dairy cooperative in France, related to the development of the promoter's portfolio of innovative dairy products, the additional applications of existing ingredients, as well as the adaptation of their industrial process.

The project will accelerate and further mobilise research, development and innovation (RDI) investments, thus furthering the sustainability of the promoter, active in agriculture and bioeconomy.

Environmental aspects
Procurement

The operation concerns a project programme over a period of four years comprised of RDI activities, and capital expenditure (CAPEX) investments carried out within existing facilities in France and would therefore not fall under the Environmental Impact Assessment (EIA) Directive 2014/52/EU (amending 2011/92/EU). The requirements, in respect to national legislation, including permitting and public consultations, will be confirmed at the appraisal.

The promoter has been assessed by the EIB as a private company not subject to EU rules on public procurement or concessions. However, if after the project appraisal, the EIB were to conclude that the promoter is after all subject to the EU public procurement legislation Directive 2014/24/EU, then the Bank would require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation Directive 2014/24/EU, where applicable, as well as Directive 89/665/EEC as interpreted by the Court of Justice of the European Union, with the publication of tender notices in the Official Journal of the European Union, as and where required.

Link to source

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) - SODIAAL RDI IN DAIRY ACTIVITIES
Publication Date
11 Jun 2021
Document language
Main Topic
Lending
Document Number
84939683
Document Focus
Environmental Information
Project Number
20170565
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - SODIAAL RDI IN DAIRY ACTIVITIES
Publication Date
24 Dec 2022
Document language
Main Topic
Lending
Document Number
165327362
Document Focus
Environmental Information
Project Number
20170565
Sector(s)
Regions
Countries
Publicly available
Download now

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