Release date: 30 August 2011
Promoter – Financial Intermediary
STMicroelectronics N.V.
Location
Description
Investments to cover the full cycle from Technology Platform Research and Product RDI up to application-centred RDI.
Objectives
The project concerns the financing of RDI activities from Technology Platform Research and Product RDI up to application-centred RDI as well as the upgrade and capacity expansion of an existing semiconductor manufacturing plant.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 350 million
Total cost (Approximate amount)
To be determined during appraisal.
Environmental aspects
Semiconductor RDI and manufacturing facilities are not specifically covered by Annexes I & II of the EU Directive 85/337/EEC, as amended by 97/11/EC, 2003/35/EC and 2009/31/EC, and the, and therefore not subject to mandatory Environmental Impact Assessment. The proposed investments will take place mainly inside buildings at RDI and manufacturing facilities already being used for similar activities, and are not expected to have a significant environmental impact on the surroundings. Full environmental details will be assessed during 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 - 12/03/2013
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).