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    Reference: 20160419
    Release date: 7 September 2016

    Promoter – Financial Intermediary

    ACCEPTABLE CORPORATE(S)

    Location

    Description

    The project relates to the financing of the promoter's research, development and innovation (RDI) investments in France and Belgium. The investment plan concerns imaging science, media computing, data processing and connected homes solutions. The RDI programme will be implemented during 2016-2018.

    Objectives

    The project will support the leadership of a company in the global media, entertainment and connected home industries by investing in RDI.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 75 million

    Total cost (Approximate amount)

    EUR 155 million

    Environmental aspects

    The investments will concern RDI activities most likely within existing facilities. Therefore, it is unlikely that the project will fall under Annex I or II of Directive 2011/92/EU, as amended. Nevertheless, the environmental details including environmental objectives of the RDI programme and, if needed, the CO2 footprint as well as the possible impact on protected flora and fauna will be assessed during the appraisal.

    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 - 16/12/2016

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    United Kingdom Belgium France Telecom Services