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    Reference: 20210573
    Release date: 8 November 2021

    Promoter – Financial Intermediary

    PATENTES TALGO SLU

    Location

    Description

    Financing the Promoter's 2021-2024 rolling stock research, development and innovation (RDI), its digital transformation and other expansion investments.

    Objectives

    The project will contribute to the objective of promoting sustainable transport technologies.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 35 million

    Total cost (Approximate amount)

    EUR 74 million

    Environmental aspects

    The project concerns investments related to research and development and to the manufacturing of rolling stock and systems that are not specifically listed in Annex I or II of the EU Directive 2014/52/EU amending the Environmental Impact Assessment (EIA) Directive 2011/92/EU. The project will be carried out in existing facilities, already authorised, that will not change their scope due to the project. As such, the project activities are not subject to an EIA.

    Procurement

    The Promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions. However, if at the project appraisal, the EIB were to conclude that the Promoter is subject to EU public procurement legislation, then the Bank would duly inform the Commission Services and would require the Promoter to apply those rules.

    Status

    Under appraisal - 8/11/2021

    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

    Spain Industry