Release date: 3 November 2006
Promoter – Financial Intermediary
J. Eberspächer GmbH & Co. KGLocation
Description
The project concerns the financing of RDI projects on automotive components, namely targeted at reducing vehicle emissions, carried out at the existing R&D centre of Eberspächer in Esslingen, near Stuttgart (Germany).
Objectives
The project aims at improving the Promoter’s innovation capacity, thereby impacting positively on its international competitiveness. The project should thus contribute to the recommendations of the European Council in Lisbon (i2i, creation and diffusion of R&D).
Comments
Automotive Supplier Industry
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 60 million.
Total cost (Approximate amount)
Up to EUR 200 million.
Environmental aspects
Given the characteristics of the project, it is deemed likely that the competent authority will decide on the basis of Annex III of the EU EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC that no formal EIA is required. This will be confirmed during appraisal.
Procurement
The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives on procurement.
Status
Signed - 14/12/2006
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).