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Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Spain : € 2,440,000
United Kingdom : € 3,190,000
The Netherlands : € 3,720,000
Germany : € 4,000,000
France : € 6,650,000
Italy : € 80,000,000
Industry : € 100,000,000
Signature date(s)
18/12/2013 : € 2,440,000
18/12/2013 : € 3,190,000
18/12/2013 : € 3,720,000
18/12/2013 : € 4,000,000
18/12/2013 : € 6,650,000
18/12/2013 : € 80,000,000
Link to source

Summary sheet

Release date
10 July 2013
Status
Reference
Signed | 18/12/2013
20130256
Project name
Promoter - financial intermediary
PRYSMIAN GROUP RDI
PRYSMIAN SPA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
EUR 200 million
Description
Objectives

The project concerns research & development activities related to the manufacturing of energy efficient electricity and telecommunications cabling systems.

The project concerns research and development activities related to the manufacturing of energy efficient high voltage electricity transmission and telecommunications cabling systems.

Environmental aspects
Procurement

The project concerns investments in research and development, which will be carried out in existing facilities, already authorized. These are not expected to change their scope due to the project. An Environmental Impact Assessment (EIA) would thus not be required, as per EIA Directive 2011/92/EU. However, full environmental details will be assessed by the Bank’s services during the appraisal.

The promoter is a private company operating in the manufacturing sector and not having a status of a contracting authority. 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

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).

Documents

Environmental and Social Data Sheet (ESDS) - PRYSMIAN GROUP RDI
Publication Date
10 Feb 2014
Document language
Main Topic
Lending
Document Number
48527355
Document Focus
Environmental Information
Project Number
20130256
Sector(s)
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - PRYSMIAN GROUP RDI
Publication Date
7 Oct 2017
Document language
Main Topic
Lending
Document Number
74851438
Document Focus
Environmental Information
Project Number
20130256
Sector(s)
Publicly available
Download now

News & Stories

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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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