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    Signature(s)

    Amount
    € 480,000,000
    Countries
    Sector(s)
    Poland : € 480,000,000
    Industry : € 480,000,000
    Signature date(s)
    6/03/2020 : € 480,000,000
    Link to source

    Summary sheet

    Release date
    26 March 2020
    Status
    Reference
    Signed | 06/03/2020
    20190378
    Project name
    Promoter - financial intermediary
    EV BATTERY GIGAFACTORY POLAND
    LG CHEM WROCLAW ENERGY SP ZOO
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 480 million
    EUR 1514 million
    Location
    Sector(s)
    Description
    Objectives

    The project will finance the design, construction, commissioning and operation of an innovative large-scale integrated lithium-ion battery cells-to-packs manufacturing facility for the supply of European automotive manufacturers with advanced 3rd generation li-ion batteries for electric vehicles.

    The objective is to offer Europe the prospect of a cost-competitive Li-ion battery cells supply basis, enhancing independence from imports. The project will seek to be competitive through a vertical integrated production process, high degree of automatisation and digitalisation, and a maximum of components and materials sourced in Europe.

    Environmental aspects
    Procurement

    The project concerns capital investments for the production of lithium-ion electrodes, cells and batteries, falling under the Environmental Impact Assessment (EIA) Directive 2014/52/EU amending the EIA Directive 2011/92/EU. All environmental, health and safety issues including environmental and operational authorisations will be reviewed during the due diligence process.

    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 Directive 2014/25/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 2014/25/EU, as well as Directive 92/13/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

    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 Impact Assessment (ESIA) - EV BATTERY GIGAFACTORY POLAND - Raport o oddziaɫywaniu przedsięwzięcia na środowisko
    Publication Date
    30 Mar 2020
    Document language
    Main Topic
    Lending
    Document Number
    129331028
    Document Focus
    Environmental Information
    Project Number
    20190378
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - EV BATTERY GIGAFACTORY POLAND
    Publication Date
    31 Mar 2020
    Document language
    Main Topic
    Lending
    Document Number
    122720350
    Document Focus
    Environmental Information
    Project Number
    20190378
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - EV BATTERY GIGAFACTORY POLAND
    Publication Date
    22 Dec 2022
    Document language
    Main Topic
    Lending
    Document Number
    160928689
    Document Focus
    Environmental Information
    Project Number
    20190378
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

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    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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