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POWERTRAIN R&D (SFF- RSFF)

Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
Austria : € 50,000,000
Industry : € 50,000,000
Signature date(s)
29/04/2008 : € 20,000,000
10/07/2007 : € 30,000,000
Link to source

Summary sheet

Release date
24 January 2007
Status
Reference
Signed | 10/07/2007
20060396
Project name
Promoter - financial intermediary
AVL Automotive R&D
AVL List GmbH, Graz
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 30 million.
EUR 100 million.
Location
Sector(s)
Description
Objectives

Fundamental research, industrial research and experimental development aiming at improving the promoter's and its research partners' capacity in developing technology for sustainable road transport. As such the project could qualify for the new RSFF scheme.

The project aims at enhancing the knowledge of the promoter and its research partners within the area of sustainable surface transport. The RTD&D projects fall within the FP7 themes and consist of research in the fields of hydrogen fuel cell technology, nanocomposites, engine technology etc. The project is in line with the Bank's "i2i" objective by furthering private sector investments in R&D and demonstration, as well as by financing projects and initiatives within the EU's framework programmes' thematic areas.

Environmental aspects
Procurement

The project consists of RTD&D work that will be performed in the promoter's existing facilities in an industrial site and an EIA is therefore not required. Any actual/possible significant impacts on protected flora and fauna (Habitats' and Birds' Directives) will be verified during project appraisal.

The promoter is a private company not operating in the utilities sector, and is thus not covered by EU Directives on procurement.

Comments

Automotive Engineering.

Link to source
Summary sheet

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).

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