| Project Detail |
The project will finance investments in Research, Development, and Innovation (RDI) in the field of electrical, electronic products and related services, particularly on instrument transformers, auxiliary relays, recloser and switches, as well as substation automation systems. Such investments also include the deployment of flexible automation, digitalisation of processes and cybersecurity. The related RDI activities will be carried out at the promoters sites in Spain over the period 2024-27.
Objectives
The aim is to enable the promoter to develop new products with an enhanced performance, efficiency, reliability and flexibility of the manufacturing capacity, while improving quality and flexibility of the production processes.
Sector(s)
Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 29 million
Total cost (Approximate amount)
EUR 58 million |
