Release date: 8 October 2010
Promoter – Financial Intermediary
DAIMLER AG
Location
Description
The project concerns RDI Investments of the DAIMLER AG with the objective of improving fuel consumption, reducing emissions and enhancing overall efficiency of Daimler Trucks products (light, medium and heavyduty trucks). The project is expected to be implemented between 2010 and 2012.
Objectives
The project concerns RDI Investments of the DAIMLER AG with the objective of improving fuel consumption, reducing emissions and enhancing overall efficiency of Daimler Trucks products (light, medium and heavyduty trucks). The project is expected to be implemented between 2010 and 2012.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 400 million.
Total cost (Approximate amount)
-
Environmental aspects
The project concerns investments in R&D that are expected to be carried out in existing facilities already authorised, in which case an Environmental Impact Assessment (EIA) would not be required by the EIA Directive. However, the Bank’s services will verify details related to the location of the R&D facilities, and whether the project includes the implementation of any testing facilities that could fall under the EIA directive.
Procurement
The promoter is a private-sector company operating in the automotive sector not covered by EU Directives on 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 - 31/05/2011
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).