Release date: 22 September 2006
Promoter – Financial Intermediary
A major European telecommunications providerLocation
Description
The project concerns the financing of the promoter’s R&D and innovation activities.
Objectives
The knowledge generated through the RDI programme promises to hold a larger spillover potential and, thereby, would benefit society in general.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 500 million.
Total cost (Approximate amount)
Approx. EUR 1 billion.
Environmental aspects
Project activities do not fall under Annexes I and II of EU Directive 97/11/EC (concerning E.I.A. requirements) and are subject only to national legislation. No particular negative impact on the environment is expected.
Procurement
The promoter operates in a fully competitive market and is thus not bound to EU Directive 93/38/EEC (see also EC Communication 2004/C 115/03), concerning supply contracts.
Status
Signed - 3/01/2007
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).