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    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    Germany : € 50,000,000
    Industry : € 50,000,000
    Signature date(s)
    9/08/2013 : € 50,000,000

    Summary sheet

    Release date
    13 February 2012
    Status
    Reference
    Signed | 09/08/2013
    20110158
    Project name
    Promoter - financial intermediary
    Exhaust Technology RDI

    Eberspächer

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 60 million
    Up to EUR 180 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the promoter’s RDI for vehicle exhaust technology. It covers basic research fields in exhaust heat recovery, heat manangement, active sound design, weight reduction and efficiency improvement, as well as subsequent specific developments for new vehicle platforms.

    The project will contribute to developing the promoter’s knowledge and know-how in the field of exhaust and active sound technology. It is expected to accelerate the introduction of innovative technologies bringing about positive environmental results, namely the reduction of pollutant emissions and noise from vehicles.

    The project will also likely contribute to the dissemination of knowledge, through the collaboration of the promoter with other industry participants and research institutes. The promoter’s RDI activity targets the development of technologies and systems complying or even exceeding the relevant EU legislation.

    The project’s activities, as such, fall within the scope of FP7 priority thematic area of “Sustainable surface transport”.

    In conclusion, the project corresponds to the EU policy orientations to promote private sector and competitive innovation and is therefore eligible under Article 309 point (c) Common interest, “Knowledge Economy” – Research and development” as well as “Innovation”.

    Subject to EC confirmation, the project could also be eligible under the RSFF Commission window.

    Environmental aspects
    Procurement

    The project concerns primarily investments in research and development that are expected to be carried out in existing facilities already authorised and would therefore not require an Environmental Impact Assessment (EIA) under Annex II of the Directive 85/337/EC, amended by Directives 97/11/EC and 2003/35/EC. Any possible environmental issue will however be verified during the project’s appraisal.

    The promoter is a private sector company operating in the manufacturing sector not covered by EU Directives on procurement.

    Comments

    The project will be financed under the Risk Sharing Finance Facility (RSFF), which is an innovative credit risk sharing scheme jointly set up by the European Commission and the European Investment Bank to improve access to debt financing for private companies or public institutions promoting activities with a higher financial risk profile in the fields of research, technological development, demonstration and innovation investments.

    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) - EBERSPAECHER EXHAUST TECHNOLOGY RDI
    Publication Date
    14 Jan 2016
    Document language
    Main Topic
    Lending
    Document Number
    64097194
    Document Focus
    Environmental Information
    Project Number
    20110158
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - EBERSPAECHER EXHAUST TECHNOLOGY RDI
    Publication Date
    7 Oct 2017
    Document language
    Main Topic
    Lending
    Document Number
    62229891
    Document Focus
    Environmental Information
    Project Number
    20110158
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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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.
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