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    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    The Netherlands : € 50,000,000
    Industry : € 50,000,000
    Signature date(s)
    18/11/2019 : € 50,000,000

    Summary sheet

    Release date
    25 November 2019
    Status
    Reference
    Signed | 18/11/2019
    20180166
    Project name
    Promoter - financial intermediary
    PRODRIVE TECHNOLOGY SOLUTIONS RDI
    PRODRIVE TECHNOLOGIES BV
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 million
    EUR 115 million
    Location
    Sector(s)
    Description
    Objectives

    The project will finance investments in research, development and innovation (RDI) for electronics applications in different sectors, as well as the expansion of related manufacturing capacities qualifying as advanced manufacturing technology (AMT) to support the company's growth over the period 2018-2019.

    The investments are mainly targeting the promoter's innovation activities in the fields of (i) power electronics and power conversion, (ii) embedded computing systems, (iii) industrial automation, (iv) vision & imaging systems, (v) motion and mechatronics and (vi) environmental sensing. The aim is to develop new products, new services, to develop advanced manufacturing technology know-how and to implement additional manufacturing capacity and ultimately to support the company's growth.

    Environmental aspects
    Procurement

    The activities included in the project will be carried out in existing facilities already authorised that will not change their scope due to the project. The new capacities for electronics manufacturing will as well be implemented in an existing building inside an industrial park next to the current facilities that is already authorised for the planned activities.

    The promoter is a private company not operating in the utilities sector and does not have the status of a contracting authority. It is thus not subject to EU rules on public 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) - PRODRIVE TECHNOLOGY SOLUTIONS RDI
    Publication Date
    30 May 2020
    Document language
    Main Topic
    Lending
    Document Number
    84886976
    Document Focus
    Environmental Information
    Project Number
    20180166
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - PRODRIVE TECHNOLOGY SOLUTIONS RDI
    Publication Date
    16 Dec 2020
    Document language
    Main Topic
    Lending
    Document Number
    133098319
    Document Focus
    Environmental Information
    Project Number
    20180166
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

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