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    Reference: 20180749
    Release date: 18 February 2020

    Promoter – Financial Intermediary

    CARBERY CREAMERIES LTD

    Location

    Description

    The project concerns an investment programme at the promoter's processing plant in Ballineen, Co. Cork, west Ireland.

    Objectives

    The EIB financing will support the development of new dairy products and contribute to expand the production facility.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 35 million

    Total cost (Approximate amount)

    EUR 75 million

    Environmental aspects

    The project is expected to be operated and implemented in conformity with applicable national and EU environmental legislations.

    Procurement

    The promoter has been assessed by the EIB as being a private company not being 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 (Directive 2014/24/EU or 2004/18/EC where applicable), then the Bank would require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2014/24/EU or 2004/18/EC where applicable), as well as Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with the publication of tender notices in the Official Journal of the EU, as and where required.

    Status

    Signed - 18/10/2019

    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).

    Related tags

    Ireland Industry