Overview
- About 60% of the funds will expand high-volume manufacturing at Catania, Agrate and Crolles, with 40% directed to R&D.
- This is the first portion of a €1 billion EIB credit line recently approved for STMicroelectronics to accelerate investments in Italy and France.
- EIB and ST leaders said the operation supports Europe’s competitiveness, strategic autonomy and the green and digital transitions.
- The agreement marks the ninth EIB–ST collaboration since 1994, bringing total financing to roughly €4.2 billion.
- The announcement follows an EIB leadership visit to ST’s Catania silicon carbide facility, a key site in the program.