Tag: Juncker Plan
SPI funds invest in the capital of Vallourec Umbilicals
The "Sociétés de Projets Industriels" funds (âSPI fundsâ?), managed by Bpifrance and subscribed jointly by the French Government and the European Investment Bank under the "Juncker Plan", have invested in the capital of Vallourec Umbilicals, specialized in the manufacture of tubes for umbilicals, to support and finance its phase of industrialization on a larger scale.
New financing under Investment Plan for Europe
Aperam and the European Investment Bank (EIB) have recently declared the signature of a financing contract of an amount of EUR 50M for the purpose of financing a research and development programme over the period 20162019 as well as the upgrade of two plants located in cohesion regions (Isbergues NordPasdeCalais and ChâteletHainaut).
