Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

Signature(s)

Amount
€ 30,000,000
Countries
Sector(s)
The Netherlands : € 30,000,000
Industry : € 30,000,000
Signature date(s)
2/12/2022 : € 30,000,000
Link to source

Summary sheet

Release date
16 December 2022
Status
Reference
Signed | 02/12/2022
20210712
Project name
Promoter - financial intermediary
GEN3 PRODUCTION PLATFORM (EDP)
LEYDENJAR TECHNOLOGIES BV
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 30 million
EUR 72 million
Location
Sector(s)
Description
Objectives

The loan will finance the development, installation and operation of innovative machines for the production of a novel silicon anode material. Such material will be used in the manufacturing of advanced lithium-ion battery cells, to run large-scale qualifications with OEMs (Original Equipment Manufacturers) and battery manufacturers, as well as to demonstrate serial production at scale. The project will be implemented by an innovative start-up that invented and developed the new silicon anode technology.

The new product will enable significantly increased energy density in lithium-ion batteries. The start-up has demonstrated production of its anode material at promising specifications in limited volumes at pilot plant scale. It now needs to develop and install a set of larger machines to demonstrate the first-of-its-kind production of the anode material at industrial scale. The machines will be installed in phases. The project is critical to reduce the time-to-market of this new product.

Additionality and Impact

The operation supports the demonstration efforts of an innovative SME start-up to accelerate time to market. With its RDI activities and the interaction with suppliers and customers in the field of batteries, the project also contributes to Innovation and Skills. The licensing business model would allow for the rapid dissemination of the technology. By providing an alternative solution to the use of graphite in li-ion batteries, the project also contributes to reducing the EU's dependency on this critical raw material. The project will lead to significant indirect GHG savings through the innovations and developments in e-mobility and e-storage it induces.

 

Market failures are addressed:


1) imperfect competition in the field of battery, mainly served by dominant non-EU battery manufacturers all based on a battery technology (li-ion) that presents significant constraints to the development of e-mobility and e-storage, and to which the project brings a significant technology improvement;

2) the generation of knowledge benefits from RDI activities and the interaction with universities, suppliers and customers in development of new solutions for batteries, and the later licensing to third parties;

3) imperfect and asymmetric information, as the promoter is a start-up investing in innovative technology competing with established companies and technologies.


Environmental aspects
Procurement

The project complies with relevant EU and national environmental legislation. The project is small, and its overall impact is not significant. The products resulting from the project will help accelerate the deployment of electric vehicles and energy storage systems, and thereby support the decarbonisation of transport and energy. In addition, the process is much more resources and energy efficient than the conventional anode process.

The promoter utilises procurement procedures, which are usual in the industry and are satisfactory to EIB. EU procurement Directives are not applicable

Link to source

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) - GEN3 PRODUCTION PLATFORM (EDP)
Publication Date
11 Jan 2023
Document language
Main Topic
Lending
Document Number
153179603
Document Focus
Environmental Information
Project Number
20210712
Sector(s)
Regions
Countries
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.

Related publications