Release date: 7 September 2016
Promoter – Financial Intermediary
UndisclosedLocation
Description
The project promotes investments in research, development and innovation (RDI) in next-generation telecom data transmission
Objectives
The new technology to be developed aims to extend the useful lifecycle of devices and is expected to result in an overall new generation of devices with high potential for commercial scale-up.
Sector(s)
- Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 30 million
Total cost (Approximate amount)
EUR 79 million
Environmental aspects
The activities included in the project concern research, development and innovation on telecom data transmission that are not specifically listed in the Environmental Impact Assessment (EIA) Directive 2011/92/EU, as amended by Directive 2014/52/EU, and that will be carried out in existing facilities without changing their already authorised scope. An EIA is therefore not required by EIA directives.
Procurement
The promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having the status of a contracting entity, thus not subject to EU rules on public procurement.
Status
Signed - 19/12/2016
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).