Release date: 15 May 2009
Promoter – Financial Intermediary
Alfa Laval AB (publ.)Location
Description
The project concerns the part-financing of Alfa Laval’s expenditures for R&D projects in the 2009-2012 period.
Objectives
The project concerns investments in separation, heat transfer and fluid handling technologies and will contribute to the increase of the promoter’s knowledge and know-how in these thre three key technologies. The results of Alfa Laval’s R&D activities are expected to produce positive environmental results (i) by improving the levels of energy efficiency of the industrial processes and equipments where the promoter’s technology is used and (ii) by improving the efficiency in the large number of environmental protection processes such as Fresh Water and Clean air applications that the technologies are deployed.
Sector(s)
Proposed EIB finance (Approximate amount)
Loan up to EUR 140 million.
Total cost (Approximate amount)
Approximately EUR 280 million.
Environmental aspects
The project concerns investments in research and development that are expected to be carried out in existing facilities already authorized in which case an EIA would not be required by EIA Directive 85/337/EC, amended by Directives 97/11/EC and 2003/35/EC. However, the Bank’s services will verify details, and especially the ones related to the location of the R&D facilities, during the project’s due diligence.
Procurement
Procurement is expected to be in line with EIB guidelines for private sector projects. The Bank’s services will verify details during the project’s due diligence.
Status
Signed - 15/09/2009
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).