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    Signature(s)

    Amount
    € 500,000,000
    Countries
    Sector(s)
    France : € 250,000,000
    Italy : € 250,000,000
    Industry : € 500,000,000
    Signature date(s)
    14/02/2020 : € 250,000,000
    14/02/2020 : € 250,000,000

    Summary sheet

    Release date
    25 February 2020
    Status
    Reference
    Signed | 14/02/2020
    20190341
    Project name
    Promoter - financial intermediary
    STM SMART SEMICONDUCTOR R&D
    STMICROELECTRONICS NV
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 500 million
    EUR 1030 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the promoters semiconductor RDI activities to be carried out at the promoter's locations in France and Italy. In particular, these include both RDI activities (the development of the next generation of energy efficiency, resources saving and environment protection semiconductor technologies, devices and solutions), as well as investments in pilot lines and in advanced manufacturing capabilities for Key Enabling Technologies (KET).

    The project supports investments in European R&D and production in high value-added products contributing to the targets of the Europe 2020 and 2030 Strategy and the European industrial Strategic Roadmap for micro- and nano-electronic components and systems (EU 10/100/20). In addition, a globally competitive high-volume advanced semiconductor industry is one of the pillars of the KET initiative, launched by the EC to identify and support technologies that are considered as crucial for preserving the long-term competitiveness of the European Industry.

    Environmental aspects
    Procurement

    Semiconductor RDI and manufacturing facilities are not specifically covered by Annexes I & II of the Environmental Assessmnet Directive (EIA) Directive 2014/52/EU amending the Directive 2011/92/EU, and therefore not subject to mandatory Environmental Impact Assessment.

    The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions.

    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) - STM SMART SEMICONDUCTOR R&D
    Publication Date
    17 Mar 2020
    Document language
    Main Topic
    Lending
    Document Number
    128955717
    Document Focus
    Environmental Information
    Project Number
    20190341
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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