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TOGNUM RDI

Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Germany : € 200,000,000
Industry : € 200,000,000
Signature date(s)
20/12/2011 : € 75,000,000
27/06/2011 : € 125,000,000
Link to source
Data sheet
TOGNUM RDI
Other links
Summary sheet
Tognum RDI

Summary sheet

Release date
9 November 2010
Status
Reference
Signed | 27/06/2011
20100478
Project name
Promoter - financial intermediary
Tognum RDI

Tognum AG

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 200 million.
Approx. EUR 400 million.
Location
Sector(s)
Description
Objectives

The promoter’s investments in low emission engines and low emission onsite energy systems & components and other related measures to reduce the CO2 emission of engines and energy systems produced by the promoter.

The project’s objectives include the reduction of emissions to comply with upcoming regulations (Tier 4/EU Stage IV), reduction of fuel consumption, complementing and expanding the current product portfolio and improvement of efficiency.

Environmental aspects
Procurement

The project concerns investments in R&D that are expected to be carried out in existing facilities already authorised, in which case an Environmental Impact Assessment (EIA) would not be required by EIA Directive 85/337/EC, amended by Directives 97/11/EC and 2003/35/EC. However, the Bank’s services will verify details related to the location of the R&D facilities, and whether the project includes the implementation of any testing facilities that could fall under Annex II of the EIA directive.

The promoter is a private-sector company operating in the manufacturing sector not covered by EU Directives on procurement. Procurement is expected to be in line with EIB guidelines for private sector projects. The Bank’s services will verify details during the project’s due diligence.

Link to source
Summary sheet
Tognum RDI
Other links
Data sheet
TOGNUM RDI

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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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