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Signature(s)

Amount
€ 30,000,000
Countries
Sector(s)
Denmark : € 30,000,000
Industry : € 30,000,000
Signature date(s)
9/08/2018 : € 30,000,000

Summary sheet

Release date
25 April 2018
Status
Reference
Signed | 09/08/2018
20160330
Project name
Promoter - financial intermediary
BAVARIAN NORDIC FILL & FINISH PRODUCTION SITE
BAVARIAN NORDIC A/S
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 30 million
EUR 98 million
Location
Sector(s)
Description
Objectives

This project will support Bavarian Nordic, a fully integrated Danish biotechnology company focused on the development, manufacturing and commercialisation of cancer immunotherapies and vaccines for infectious diseases. Financing is required for capital expenditure investments in Denmark.

The project supports the company's investments into a new fill-finish manufacturing facility. The investments cover the operational expenditure (OPEX) and capital expenditure (CAPEX) costs to construct, furnish and validate the new manufacturing facility to a commercial level. By co-investing in this project, the Bank contributes to fostering the generation of scientific knowledge and acumen within Europe, in addition to creating skilled employment opportunities.

Environmental aspects
Procurement

The project falls under the annex II of the Environmental Impact Assessment (EIA) directive (2014/52/EU), referring to the manufacture of pharmaceutical products. The project has been screened by the competent authorities and there is no EIA required. Full environmental details will be assessed during the appraisal.

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

Related projects

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) - BAVARIAN NORDIC FILL & FINISH PRODUCTION SITE
Publication Date
25 Jan 2019
Document language
Main Topic
Lending
Document Number
80779954
Document Focus
Environmental Information
Project Number
20160330
Sector(s)
Regions
Countries
Publicly available
Download now

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