Release date: 23 November 2020
Promoter – Financial Intermediary
GRUPO FERRER INTERNACIONAL SALocation
Description
The project covers the Promoter's research and development (R&D) activities in a number of well-defined therapeutic areas.
Objectives
The EIB loan will be used to finance R&D and deployment investments supporting the implementation of the company's strategy. The investments are expected to support the Promoter's competitiveness and growth.
Sector(s)
- Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 50 million
Total cost (Approximate amount)
EUR 104 million
Environmental aspects
The project concerns investments in R&D that are expected to be carried out in existing facilities already authorised for the same purpose and would therefore not require an environmental impact assessment (EIA) under Directive 2011/92/EU. Full environmental details will be verified during the appraisal.
Procurement
The Promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having a status of a contracting entity, and is thus not subject to EU rules on public procurement.
Status
Signed - 11/12/2020