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    Reference: 20030557
    Release date: 5 October 2004

    Promoter – Financial Intermediary

    Arianespace SA.

    Location

    Description

    Construction of a new launch pad at the Guyane Space Centre and adaptation of the Soyuz launcher, within the framework of the Soyuz at the CSG programme of the European Space Agency.

    Objectives

    With the Soyuz launcher, Arianespace is expected to improve its launchers’ range, optimise Ariane 5 capacity and strengthen its position in the market. The project is relevant to a number of EU Policy areas, in particular EU Space Policy, the EU Growth Initiative and the Lisbon strategy as well as the Policy on social and economic cohesion.

    Comments

    Aerospace.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    Up to EUR 121m.

    Total cost (Approximate amount)

    EUR 344m at 2002 economic conditions.

    Environmental aspects

    The environmental impact of the project will be analysed in the context of a full Environment Impact Assessment (EIA) but due to its nature, size and location the Project is not expected to have a significant negative impact on the environment.

    Procurement

    Procurement procedures are in line with applicable legislation and EU directives and therefore acceptable to the Bank.

    Status

    Signed - 21/03/2005

    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).

    Related tags

    France Transport