Release date: 3 July 2018
Promoter – Financial Intermediary
ZUMTOBEL GROUP AGLocation
Description
The project concerns investments for research and development (R&D) of innovative and more efficient lighting solutions including new kinds of services. These activities will be carried out mostly in Austria.
Objectives
This project will help provide more intelligent, better-connected and energy-efficient lighting solutions.
Sector(s)
- Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 80 million
Total cost (Approximate amount)
EUR 181 million
Environmental aspects
The project activities do not fall under any of the annexes of the Directive 2014/52/EU amending the Environmental Impact Assessment (EIA) Directive 2011/92/EU; moreover they are expected to be carried out in existing facilities already authorised that will not change their scope due to the project. As such it is unlikely that the local environmental competent authorities have required an EIA for the project. However, the environmental details will be assessed during the appraisal.
Procurement
The promoter has been assessed by 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. The Bank's services will verify further details during the project's due diligence.
Status
Signed - 3/09/2018
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).