EIB additional €10m loan to Avio
Vega C and Ariane 6 propulsion development and Colleferro plant capacity
Key terms
- Borrower or issuer
- Avio
- Date
- 16 Jan 2019
- Type
- Government finance
- Amount
- €10m (US$11m)
Recorded terms
- Structure
- Additional European Investment Bank loan on the same terms as the 2017 €40m loan
- Lenders and arrangers
- European Investment Bank
- Country
- Italy
Parties
- Avio borrower or issuer
- Public lenders and funders: European Investment Bank
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| 31 Jul 2020 | EIB €15m venture loan to D-Orbit | Government finance | €15m |
| 20 Nov 2020 | UK Government and Bharti Global acquisition of OneWeb out of Chapter 11 | Government finance | US$1bn |
| 3 Dec 2020 | EIB €20m venture loan to Spire Global | Government finance | €20m |
| 26 Aug 2021 | EIB €10m venture loan to EnduroSat | Government finance | €10m |
| 30 Nov 2022 | EIB €18m venture loan to GomSpace | Government finance | €18m |
More from Avio
| Date | Financing | Type | Amount |
|---|---|---|---|
| 6 Oct 2017 | EIB €40m loan to Avio | Government finance | €40m |
Sources
- Avio press release: additional €10 million from EIB avio.com · 16 Jan 2019
- EIB project 20170472: Avio space propulsion eib.org · 16 Jan 2019
About this record
Record ORB-2019-0011, taken from an issuer, lender or government announcement. Confirmed against the primary documents listed. Amounts are as announced; US$ equivalents use approximate annual average exchange rates. Spotted an error or have a document we have missed? Send a correction, and changes are logged on Updates and corrections.
Read the structure
Government and EU money comes as loans, guarantees or grants tied to a policy aim, with conditions on use of proceeds and reporting.
