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    Signature(s)

    Amount
    € 250,000,000
    Countries
    Sector(s)
    EU Countries : € 6,000,000
    Denmark : € 8,000,000
    The Netherlands : € 9,000,000
    Italy : € 10,000,000
    Germany : € 217,000,000
    Industry : € 250,000,000
    Signature date(s)
    31/07/2020 : € 6,000,000
    31/07/2020 : € 8,000,000
    31/07/2020 : € 9,000,000
    31/07/2020 : € 10,000,000
    31/07/2020 : € 67,000,000
    9/07/2018 : € 150,000,000
    Link to source

    Summary sheet

    Release date
    19 July 2018
    Status
    Reference
    Signed | 09/07/2018
    20170876
    Project name
    Promoter - financial intermediary
    INNOVATIVE PROCESS TECHNOLOGIES
    GEA GROUP AG
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 250 million
    EUR 315 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns RDI activities for the development of products, solutions and processes used in dairy farming and processing, food, beverages, pharma, chemical, utilities and marine applications.

    Overriding objective of the project includes the development of intelligent engineering processes for resource-economical technologies and energy-saving machines and processes.

    Environmental aspects
    Procurement

    The project concerns investments in research and development that are expected to be carried out in existing facilities without changing the already authorized scope and would therefore not require an EIA under the Directive 2014/52/EU amending the EIA Directive 2011/92/EU. However, the Bank's services will review during the project appraisal all the project-related environmental details

    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.

    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) - INNOVATIVE PROCESS TECHNOLOGIES
    Publication Date
    21 Aug 2018
    Document language
    Main Topic
    Lending
    Document Number
    81261463
    Document Focus
    Environmental Information
    Project Number
    20170876
    Sector(s)
    Regions
    Publicly available
    Download now

    News & Stories

    Link to source

    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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