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Signature(s)

Amount
€ 500,000,000
Countries
Sector(s)
Italy : € 500,000,000
Industry : € 500,000,000
Signature date(s)
11/12/2020 : € 200,000,000
29/11/2018 : € 300,000,000
Link to source
Data sheet

Summary sheet

Release date
10 January 2019
Status
Reference
Signed | 29/11/2018
20180416
Project name
Promoter - financial intermediary
LEONARDO R&D
LEONARDO SPA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 500 million
EUR 632 million
Location
Sector(s)
Description
Objectives

The project concerns the promoter's investments in Research, Development and Innovation (RDI) activities carried out in its Helicopters Division aimed at (i) expanding the capabilities and performance of its products, (ii) integrating the latest technologies into all of its programmes, as well as (iii) developing new products. The project includes also, partly, investments in Cybersecurity, Information and Communication Technologies (ICT), Digitalisation and the deployment of Advanced Manufacturing Technology (AMT) as well as investments in cohesion areas to comply with the applicable legislation (safety in the workplace, environment) and improvement of industrial processes.

The project aims at (i) improving Leonardo Helicopter's current product portfolio and developing new products, (ii) improving the Cybersecurity of Leonardo's network to prevent intrusions, (iii) developing security solutions for autonomous vehicles, (iv) rationalising the group ICT network and software base. The investments in convergence areas target primarily the compliance with legislative requirements in terms of safety in the workplace, seismic behaviour of buildings, environmental impact of the facilities as well as improvement of efficiency of the industrial processes.

Environmental aspects
Procurement

The project concerns investments in research and development not specifically mentioned under the Environmental Impact Assessment (EIA) Directive 2014/52/EU amending the EIA Directive 2011/92/EU, and expected to be carried out in existing facilities that will not change their already authorised scope and would therefore not require an EIA.

The promoter has been assessed by the EIB as being a private company not being 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 EU public procurement legislation 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 2014/24/EU, where applicable, as well as Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with the publication of tender notices in the Official Journal of the EU, as and where required.

Link to source
Summary sheet
Other links

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) - LEONARDO R&D
Publication Date
13 Mar 2019
Document language
Main Topic
Lending
Document Number
91699773
Document Focus
Environmental Information
Project Number
20180416
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - LEONARDO R&D
Publication Date
21 Dec 2023
Document language
Main Topic
Lending
Document Number
184096436
Document Focus
Environmental Information
Project Number
20180416
Sector(s)
Regions
Countries
Publicly available
Download now
scoreboard - LEONARDO R&D
Publication Date
14 Dec 2018
Document Language
English
Main Topic
lending
Document Number
88844190
Document Focus
EFSI legal requirements
Document Type
Scoreboard
Project Number
20180416
Last update
14 Dec 2018
Sector(s)
Industry
Countries
Italy
Publicly available
Download now
Other links
Summary sheet
Data sheet

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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