Release date: 7 September 2020
Promoter – Financial Intermediary
RAMIRENT OYJLocation
Description
Investments in new construction equipment for rental by an innovative mid-cap.
Objectives
The objective is to support an innovative EU mid-cap company, focused on construction machinery and equipment rentals in the Nordic and Central European markets.
Sector(s)
- Services - Administrative and support service activities
Proposed EIB finance (Approximate amount)
EUR 50 million
Total cost (Approximate amount)
EUR 112 million
Environmental aspects
The project concerns capital expenditures on new rental equipment; the rental activities will be carried out in existing facilities already authorised for the same purpose and would therefore not require an environmental impact assessment (EIA) under the Directive 2014/52/EU.
Procurement
The promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having a status of a contracting entity, thus not being subject to EU rules on public procurement.
Status
Signed - 4/12/2017
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).