Release date: 30 September 2008
Promoter – Financial Intermediary
Sol S.p.A. or its subsidiaries.
Location
Description
The project consists in the construction of a new air separation unit, at the promoter’s existing facilities in Piombino, and the construction of a liquefaction plant in Frankfurt am Main.
Objectives
The Project will imply a substantial increase in energy efficiency.
Sector(s)
Proposed EIB finance (Approximate amount)
Indicatively, EUR 40 million.
Total cost (Approximate amount)
Indicatively, EUR 90 million.
Environmental aspects
Although the Project will be realised on existing industrial sites, the replacement and expansion of production facilities fall under annex II of the directive EC/97/11. Whether an EIA has been requested by the competent authorities or not, and environmental studies conducted will be verified during appraisal.
Procurement
The Promoter is not, in this Project, a contracting entity falling under public procurement legislation in the EU. Therefore, the Project falls outside the scope of the given directive.
Status
Signed - 15/03/2010
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).