Release date: 13 July 2020
Promoter – Financial Intermediary
KWS SAAT SE & CO KGAALocation
Description
Financing of research, development and innovation (RDI) activities related to the creation, development, registration and commercialisation of new field crop and vegetable seed varieties.
Objectives
EIB financing would accelerate the RDI efforts conducted by the Promoter.
Sector(s)
- Agriculture, fisheries, forestry - Agriculture, forestry and fishing
Proposed EIB finance (Approximate amount)
EUR 275 million
Total cost (Approximate amount)
EUR 838 million
Environmental aspects
The project concerns RDI activities within the Promoter's research centers in the EU, predominantly in Germany, France, Italy and the Netherlands. The project's compliance with all applicable national and EU environmental legislation has been verified during the appraisal. Environmental studies or appropriate assessments will be carried out as applicable and mitigating and/or compensation measures applied as necessary.
Procurement
The Promoter has been assessed by the EIB as a private company not subject to EU rules on public procurement or concessions.
Status
Signed - 26/06/2020
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).