Release date: 17 January 2020
Promoter – Financial Intermediary
BOLT TECHNOLOGY OUELocation
Description
The project will finance investments for Research, Development and Innovation (RDI) activities related to the development of ride-hailing, rental and delivery related software solutions.
Objectives
Through the EIB financing, the promoter will be able to improve the efficiency and functionalities of its software platform, expand in new business areas, as well as new regions.
Sector(s)
- Services - Information and communication
Proposed EIB finance (Approximate amount)
EUR 50 million
Total cost (Approximate amount)
EUR 100 million
Environmental aspects
RDI activities are not listed in any annexes of the Directive 2014/52/EU amending the EIA Directive 2011/92/EU and will be carried out in existing facilities already authorised that will not change their scope due to the project, and would therefore not require an environmental impact assessment (EIA). Any other environmental details of the project will be reviewed during the project appraisal.
Procurement
The company is a private sector company not operating in the utilities sector and not having status of a contracting authority. Thus, it is not covered by the EU Public Procurement Directives.
Status
Signed - 20/12/2019
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).