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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