Release date: 22 April 2024
Promoter – Financial Intermediary
MOERS FRISCHEPRODUKTE GMBH & CO KG,MOLKEREI GROPPER GMBH & CO KGLocation
Description
The project concerns the modernisation of productive and storage capacities of a German family-owned dairy company, over the period 2023-2026.
Objectives
The aim is to improve the promoter's logistic facilities by replacing obsolete equipment and implement technologies to replace the use of natural gas, in line with the promoter's decarbonisation plan for its two manufacturing sites in Germany. Hence, the project supports its "science-based targets initiative" commitment.
Comments
The project concerns the manufacturing of dairy products.
Sector(s)
- Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 49 million
Total cost (Approximate amount)
EUR 86 million
Environmental aspects
The project, which will diminish the road traffic linked with distant storage, complies with all applicable national and EU environmental legislation, as verified during the appraisal. All project components have been screened out or are not in the scope of the Environmental Impact Assessment (EIA) Directive 2011/92/EU amended by the Directive 2014/52/EU.
Procurement
The promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions.
Status
Under appraisal
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).