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    Reference: 20190909
    Release date: 13 July 2020

    Promoter – Financial Intermediary

    KWS SAAT SE & CO KGAA

    Location

    Description

    Financing of research, development and innovation (RDI) activities related to the creation, development, registration and commercialisation of new field crop and vegetable seed varieties.

    Objectives

    EIB financing would accelerate the RDI efforts conducted by the Promoter.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 200 million

    Total cost (Approximate amount)

    EUR 583 million

    Environmental aspects

    The project concerns RDI activities within the Promoter's research centers in the EU, predominantly in Germany, France, Italy and the Netherlands. The project's compliance with all applicable national and EU environmental legislation has been verified during the appraisal. Environmental studies or appropriate assessments will be carried out as applicable and mitigating and/or compensation measures applied as necessary.

    Procurement

    The Promoter has been assessed by the EIB as a private company not subject to EU rules on public procurement or concessions.

    Status

    Signed - 26/06/2020

    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

    France Germany Italy The Netherlands EU Countries Agriculture, fisheries, forestry