Search EN menu en EIB GROUP CLIENT PORTAL
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages
Reference: 20240323
Release date: 11 June 2025

Promoter – Financial Intermediary

HORSE POWERTRAIN SOLUTIONS SLU

Location

Description

The project will fund the promoter's research, development, and innovation activities, as well as manufacturing capital expenditures in Europe, specifically focused on H2 and low-emission solutions for Light and Heavy Duty Commercial Vehicles ("LCV" and "HD").

Objectives

The objective is to support the advancement and deployment of innovative hydrogen technologies, along with storage systems and solutions, aimed at enhancing affordability, energy efficiency, and performance, thereby promoting the continued adoption of hydrogen mobility in the market.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 300 million

Total cost (Approximate amount)

EUR 672 million

Environmental aspects

The project includes RDI activities that are not specifically mentioned under the EIA Directive and that will be carried out in existing RDI facilities without changing their already authorised scope. The project also includes capital expenditures, including manufacturing equipment linked to the deployment of hydrogen solutions in existing manufacturing facilities. The project will therefore not require an Environmental Impact Assessment (EIA) under the directive 2014/52/EU amending directive 2011/92/EU.

Procurement

The promoter is a private company not operating in the Utilities sector and not having a status of a contracting entity. Thus, it is not covered by EU Directives on procurement.

Status

Under appraisal - 12/06/2024

Milestone
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).

Related tags

Spain Industry