Release date: 21 April 2008
Promoter – Financial Intermediary
Johnson Matthey Plc.Location
Description
European Research and Development expenditures.
Objectives
The financing of the R&D-expenditures will further private sector investment in research, development and innovation and is eligible under Article 267 of the EC Treaty (c) in relation to RDI. A large part of the R&D activities will be oriented to product and process technologies, expected to have a positive environmental impact. These activities are therefore consistent with the current EC policy orientations, but also with the proposed legislation and, as such, the investments are also eligible for financing under article 267 of the EC treaty, point c) for Natural Environment: “Improving Environment and Health - Reduction of industrial pollution and - Reduction of pollution from transport”.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to GBP 100 million.
Total cost (Approximate amount)
Estimated at GBP 200 million.
Environmental aspects
No EIA is required for this project.
Procurement
EU procurement legislation does not apply to this private sector project.
Status
Signed - 12/06/2008