| Project Detail |
The project will finance the promoters investment plan including: (i) advanced manufacturing technology (AMT, 84% of total PIC), capital expenditures (capex) comprising four different components that will modify and improve the existing steel processing plants in Ravenna and Gazoldo degli Ippoliti; (ii) research, development and innovation (RDI) activities (16%). AMT capex are spread over a period of 5 years, from 2024 to 2028 included, while RDI activities cover a period of 4 years, from 2024 to 2027 included.
Objectives
The aim is, among others, improve energy efficiency, decarbonise selected equipment through electrical energy recovery (cranes) and electrification of heat (furnaces), increasing product quality and automation levels to optimise the production process and cost efficiency.
Sector(s)
Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 170 million |
