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    Reference: 20160569
    Release date: 4 July 2016

    Promoter – Financial Intermediary

    EUROPEAN SPALLATION SOURCE ERIC

    Location

    Description

    Construction and operation of a multi-disciplinary research laboratory in Lund, Sweden, based on the world's most powerful neutron source

    Objectives

    The European Spallation Source (ESS) will create a pan-European research infrastructure that will serve a community of 5 000 researchers across numerous research areas such as new materials (nanomaterials), energy and climate (fuel cells, batteries, biofuels, solar energy and superconductors), health (tissues, proteins, enzymes and other complex biological materials), engineering (catalysers, aeroplane wings, automobile engines), chemistry (environmentally friendly detergents, paints, cleaners and lubricants), or environmental technology (improved knowledge of water treatment and cleaner industrial processes). The ESS is one of the strategic research infrastructure projects under the "Excellent Science" programme of Europe's Horizon 2020 strategy.

    Sector(s)

    • Services - Professional, scientific and technical activities

    Proposed EIB finance (Approximate amount)

    EUR 200 million

    Total cost (Approximate amount)

    EUR 1843 million

    Environmental aspects

    The facility will require permits in line with the Swedish Radiation Protection Act, the Swedish Environmental Code and the Swedish Planning & Building Act. Radiation protection and safety will be carefully monitored by the regulatory authorities. The status of the authorisations will be assessed during appraisal of the project. Research infrastructure is not specifically mentioned in Directive 2011/92/EU on environmental impact assessment (EIA), though due to its size, the project could be covered by Annex II of the directive in relation to urban development. The Bank's services will verify during appraisal whether an EIA is required for any component of the project.

    Procurement

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/18/EC and Dir. 2007/66/EC), with publication of tender notices in the Official Journal of the EU, as and where required. Procurement issues will be reviewed during appraisal.

    Status

    Signed - 29/11/2016

    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

    Denmark Sweden Services