Release date: 11 July 2017
Promoter – Financial Intermediary
PRYSMIAN SPALocation
Description
The project concerns research and development activities related to the manufacturing of energy-efficient electricity and telecommunications cabling systems.
Objectives
The project will contribute to increasing the promoter's knowledge and know-how in the fields of (i) electricity transmission, cabling and control systems; (ii) telecommunications cabling systems.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 110 million
Total cost (Approximate amount)
EUR 221 million
Environmental aspects
The project concerns investments in research and development expected to be carried out in existing facilities that will not change their already authorised scope and would therefore not require an environmental impact assessment (EIA).
Procurement
The promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having the status of a contracting entity, thus not subject to EU rules on public procurement.
Status
Signed - 15/11/2017
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).