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    Reference: 20060396
    Release date: 24 January 2007

    Promoter – Financial Intermediary

    AVL List GmbH, Graz

    Location

    Description

    Fundamental research, industrial research and experimental development aiming at improving the promoter's and its research partners' capacity in developing technology for sustainable road transport. As such the project could qualify for the new RSFF scheme.

    Objectives

    The project aims at enhancing the knowledge of the promoter and its research partners within the area of sustainable surface transport. The RTD&D projects fall within the FP7 themes and consist of research in the fields of hydrogen fuel cell technology, nanocomposites, engine technology etc. The project is in line with the Bank's "i2i" objective by furthering private sector investments in R&D and demonstration, as well as by financing projects and initiatives within the EU's framework programmes' thematic areas.

    Comments

    Automotive Engineering.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 30 million.

    Total cost (Approximate amount)

    EUR 100 million.

    Environmental aspects

    The project consists of RTD&D work that will be performed in the promoter's existing facilities in an industrial site and an EIA is therefore not required. Any actual/possible significant impacts on protected flora and fauna (Habitats' and Birds' Directives) will be verified during project 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 - 10/07/2007

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Austria Industry