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    Signature(s)

    Amount
    € 140,000,000
    Countries
    Sector(s)
    Germany : € 4,480,000
    France : € 5,180,000
    Belgium : € 130,340,000
    Industry : € 140,000,000
    Signature date(s)
    21/12/2020 : € 4,480,000
    21/12/2020 : € 5,180,000
    21/12/2020 : € 130,340,000

    Summary sheet

    Release date
    21 September 2020
    Status
    Reference
    Signed | 21/12/2020
    20200601
    Project name
    Promoter - financial intermediary
    AGC COVID 19 RDI 2021-2024
    AGC GLASS EUROPE
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 140 million
    EUR 162 million
    Location
    Sector(s)
    Description
    Objectives

    The project aims at financing AGC Europe research, development and innovation (RDI) projects in relation to the development of innovative glass products and more sustainable production processes.

    The project comprises the Promoter's research, development and innovation (RDI) operational and capital expenditures related to flat glass manufacturing and processing for automotive, architectural and industrial applications. This RDI focuses on energy-efficient glass solutions. The project will further strengthen the proprietary know-how of a European promoter in the field of sustainable glass production and innovative applications which will drive the productivity, competitiveness and environmental sustainability of the company.

    Environmental aspects
    Procurement

    The research and development (R&D) activities will be managed and carried out in already existing and authorised R&D facilities. As the project will not result in a change to the authorised scope of the RDI facilities, the project is not subject to the Environmental Impact Assessment Directive – Directive 2014/52/EU amending Directive 2011/92/EU. All environmental and social aspects will be assessed in detail during due diligence.

    The Promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having a status of a contracting entity, and 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 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) - AGC COVID 19 RDI 2021-2024
    Publication Date
    11 Dec 2020
    Document language
    Main Topic
    Lending
    Document Number
    131971036
    Document Focus
    Environmental Information
    Project Number
    20200601
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Other links

    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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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