Fiche récapitulative
The project supports a Danish innovative start-up in the first industrial scale implementation of their innovative technology for the production of plant-based meat alternative products.
The loan will finance the promoter's research, development and investments (RDI) activities and the construction and operation of a first-of-a-kind plant for the production of new, clean label plant-based meat alternatives. The project is fully in line with the Green Deal, with strong focus on the farm to fork strategy. In fact, the produced plant-based meat alternative products can provide additional options to EU consumers for a plant based low carbon diet. Additionally, the project is also strongly aligned to the EU Bioeconomy strategy, fostering the development of innovative technologies for biomass processing and valorisation. By supporting the growth of an innovative start-up, it supports the competitiveness of the EU food industry in the alternative protein domain.
The Project is fully aligned to InvestEU objectives, fostering activities in the area of the Bioeconomy for the development of innovative biomass processing technologies for the production of plant-based meat alternative products via solid state fermentation. The Project is also consistent with the EU Green Deal, supporting the Farm to Fork strategy to create healthy and environmentally friendly food systems.
Market failures: This Project contributes to financing of smaller innovative and/ or high-growth companies, which generate significant positive externalities through the creation of innovative processes and products. The first of-its-kind production facility will create innovative plant-based meat replacements creating valuable environmental, health and knowledge externalities. By providing plant-based meat alternatives, the Project supports customers in reducing meat consumption, while maintaining a balanced and healthy diet. Therefore, the Project may also help reduce negative environmental externalities. The project also supports competition on the market for minced meat substitutes.
Aligned with EIB Public Policy Goals (PPGs), the project supports 'Research, Innovation and Digital' and 'Natural Resource Use, Management and Protection.' It includes RDI activities to optimize processes and develop low-carbon food products, enhancing EU industry competitiveness. Financing the facility's construction and operation enables the commercialization of plant-based meat alternatives, fostering SME growth and creating jobs. The EIB provides significant financial additionality with high-risk debt financing, crucial for scaling up innovative technology. The promoter benefits from the Green Transition finance product, overcoming challenges in accessing commercial loans due to limited track record and project risks. The EIB's involvement also attracts private investors and is essential for the company's growth.
This Project would not be feasible without InvestEU and EIB support, which enables scaling up sales, achieving profitability, and catalysing further equity investments, ensuring the realization of environmental and health benefits.
Compliance with the environmental legislation, notably the environmental impact assessment (EIA) Directive 2014/52/EU (amending 2011/92/EU) and compliance with the industrial emissions directive (IED 2010/75/EU) and other applicable environmental laws, will be assessed during the project appraisal.
The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions. However, if after the project appraisal, the EIB were to conclude that the promoter is after all subject to EU public procurement legislation (Directive 2014/24/EU or 2004/18/EC, where applicable), then the Bank would require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2014/24/EU or 2004/18/EC, where applicable), as well as Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.
Clause de non-responsabilité
Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).
Documents
À la une
Informations et observations générales
La BEI s’engage à communiquer de manière ouverte et encourage les parties prenantes à apporter des contributions constructives à ses activités.
Les demandes ou observations concernant la participation de la BEI à des projets ou à des mécanismes de financement, ou concernant les activités, l’organisation et les objectifs de la BEI, peuvent être adressées à l’Infodesk de la BEI.
Vous pouvez aussi prendre contact avec la BEI par l’intermédiaire de ses bureaux extérieurs.
Veuillez, de préférence, adresser directement au promoteur du projet vos questions portant sur les détails d’un projet précis, notamment lorsque celui-ci fait l’objet d’une instruction de la BEI.
Informations aux médias
Les questions liées aux médias peuvent être adressées au service de presse de la BEI. Veuillez consulter également notre espace presse.
Mécanisme de traitement des plaintes
Toute plainte relative à une présomption de mauvaise administration peut être introduite auprès du Mécanisme de traitement des plaintes de la BEI. Le Médiateur européen agit en tant que mécanisme de recours indépendant externe à la BEI.
Tolérance zéro face à la fraude et à la corruption
La BEI pratique une politique de tolérance zéro face à la fraude et à la corruption. Pour signaler des allégations de fraude et de corruption en rapport avec des projets financés par la BEI, veuillez contacter la division Enquêtes sur les fraudes. Toutes les plaintes seront traitées de manière strictement confidentielle et selon les procedures d'investigation de la BEI et la politique antifraude.
Publications connexes