Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Germany : € 9,000,000
Luxembourg : € 16,000,000
Austria : € 75,000,000
Industry : € 100,000,000
Signature date(s)
18/09/2023 : € 9,000,000
18/09/2023 : € 16,000,000
18/09/2023 : € 75,000,000
Link to source

Summary sheet

Release date
29 September 2023
Status
Reference
Signed | 18/09/2023
20220275
Project name
Promoter - financial intermediary
PLANSEE HIGH-PERFORMANCE MATERIALS RDI
PLANSEE HOLDING AG
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
EUR 216 million
Location
Sector(s)
Description
Objectives

The project concerns the promoter's R&D program for the period 2022-2025 supporting the development of novel technologies for high-performance materials used in a broad range of end-markets

The EIB financing will accelerate the development of highly automatized, more resource efficient and circular technologies, increasing the productivity and environmental sustainability of the promoter's and customers' manufacturing processes.

Additionality and Impact

The project supports the Bank's Research, Innovation and Digital Policy objective. It concerns private sector investment in R&D activities in the field of advanced materials, which play a key enabling role in a wide range of sectors and industrial ecosystems, including semiconductors, health, industries, mobility and energy. While the outcome and ultimate commercialisation of R&D activities are highly uncertain, the supported project, which has a substantial portion of early stage research, is associated with positive knowledge externalities. The project accelerates the accumulation and diffusion of knowledge in advanced manufacturing within the European industry (through the promoter's collaboration with universities and suppliers) and contribute to increasing European industry's technology leadership and competitiveness. The project generates additional environmental externalities arising from the deployment of solutions with lower environmental footprint, achieved through higher automatization, resource efficient and circular technologies. The project will therefore strengthen the EU independence in critical and strategic raw materials sourcing by promoting use of recycled feedstock and closely collaborating with EU strategic partners. Given the wide scope of sectors for the promoter's products application, resulting spill-over effects will generate economic benefits that are greater than those captured by the investor's financial returns. The Bank's contribution to the project is underpinned by a combination of advantageous terms, a meaningful loan amount as well as a signalling effect in terms of confidence in the business model, thereby facilitating the project's financing and full implementation.

Environmental aspects
Procurement

The RDI activities will be carried out in already existing and authorised R&D facilities. The project does not fall under any of Annexes of the Environmental Impact Assessment Directive ? Directive 2014/52/EU amending Directive 2011/92/EU and therefore, not requiring screening or EIA Report. However, it will be assessed during due diligence if any other component of the project requires an EIA or a screening decision in accordance with the directive.

The promoter is a private company not operating in the Utilities sector and not having a status of a contracting entity. Thus it is not covered by EU Directives on procurement.

Milestone
Under appraisal
Approved
Signed
8 December 2022
18 September 2023
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 Data Sheet (ESDS) - PLANSEE HIGH-PERFORMANCE MATERIALS RDI
Publication Date
3 Oct 2023
Document language
Main Topic
Lending
Document Number
159703478
Document Focus
Environmental Information
Project Number
20220275
Sector(s)
Regions
Publicly available
Download now

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.

Related publications