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    Reference: 20160803
    Release date: 10 February 2017

    Promoter – Financial Intermediary

    SENER INGENIERIA Y SISTEMAS SA

    Location

    Description

    The project concerns the promoter's research, development and innovation (RDI) investments in Spain for the development of innovative engineering solutions in the renewable energy, space and railway sectors, as well as an information technology (IT) platform for the design and construction of ships.

    Objectives

    The project will support the leadership of a European company in the space technology and renewable energy sectors, as well as the development of IT solutions in the maritime and railway sectors, by investing in RDI, and thereby contributes to the targets of the Europe 2020 strategy.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 100 million

    Total cost (Approximate amount)

    EUR 210 million

    Environmental aspects

    The activities included in the project concern RDI activities that are not specifically listed in the Environmental Impact Assessment (EIA) Directive 2011/92/EU as amended and that will be carried out in existing facilities without changing their already authorised scope. An EIA is therefore not required.

    Procurement

    The promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions. However, if after the project appraisal, the EIB were to conclude that the promoter is after all subject to EU public procurement legislation, then the Bank would require the promoter to ensure that contracts for the implementation of the project are tendered in accordance with the relevant applicable EU procurement legislation.

    Status

    Signed - 27/06/2017

    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

    Spain Services Energy Industry