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    Reference: 20190143
    Release date: 13 November 2019

    Promoter – Financial Intermediary




    The project concerns Research, Development and Innovation (RDI) activities in the field of innovative filtering solutions as well as thermal management applications primarily for very low and zero carbon emission powertrain technologies. The activities will be carried out in Italy over the period between 2019 and 2022.


    The project will contribute to increasing the promoter's knowledge and know-how and testing capability related to filtering solutions and thermal management applications.


    Proposed EIB finance (Approximate amount)

    EUR 41 million

    Total cost (Approximate amount)

    EUR 82 million

    Environmental aspects

    Research and development activities on filtering solutions and thermal management applications are not listed in any of the annexes of the Environmental Impact Assessment (EIA) Directive 2014/52/EU amending the Directive 2011/92/EU. The financed activities will be carried out in already-authorised existing facilities, that will not change their scope due to the project, thus not requiring any additional environmental permits.


    The promoter is a private company not operating in the Utilities sector and does not have the status of a contracting authority. Thus, it is not covered by EU Directives on procurement. Procedures followed are in the best interest of the project and satisfactory for the Bank.


    Signed - 22/10/2019


    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

    Italy Industry