Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages
    Reference: 20170876
    Release date: 19 July 2018

    Promoter – Financial Intermediary

    GEA GROUP AG

    Location

    Description

    The project concerns RDI activities for the development of products, solutions and processes used in dairy farming and processing, food, beverages, pharma, chemical, utilities and marine applications.

    Objectives

    Overriding objective of the project includes the development of intelligent engineering processes for resource-economical technologies and energy-saving machines and processes.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 250 million

    Total cost (Approximate amount)

    EUR 315 million

    Environmental aspects

    The project concerns investments in research and development that are expected to be carried out in existing facilities without changing the already authorized scope and would therefore not require an EIA under the Directive 2014/52/EU amending the EIA Directive 2011/92/EU. However, the Bank's services will review during the project appraisal all the project-related environmental details

    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.

    Status

    Signed - 9/07/2018

    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 Germany Italy The Netherlands EU Countries Industry