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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.

    Related projects
    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
    scoreboard - AGRICULTURE AND BIOECONOMY PROGRAM LOAN
    Publication Date
    16 Apr 2018
    Document Language
    English
    Main Topic
    lending
    Document Number
    82872661
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20180546
    Last update
    16 Apr 2018
    Sector(s)
    Industry
    Countries
    Latvia
    Publicly available
    Download now

    News & Stories

    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.

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    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.

    Related publications