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    Signature(s)

    Amount
    € 75,000,000
    Countries
    Sector(s)
    Portugal : € 75,000,000
    Solid waste : € 75,000,000
    Signature date(s)
    19/12/2019 : € 75,000,000

    Summary sheet

    Release date
    26 April 2019
    Status
    Reference
    Signed | 19/12/2019
    20180487
    Project name
    Promoter - financial intermediary
    PORTUGAL SOLID WASTE INVESTMENT PLAN
    EMPRESA GERAL DO FOMENTO SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 75 million
    EUR 224 million
    Location
    Sector(s)
    • Solid waste - Water supply; sewerage, waste management and remediation activities
    Description
    Objectives

    The project concerns the 2019-2021 investment programme of the promoter focussing on the implementation of various project components in the solid waste sector in Portugal. It consists of a number of investments geographically dispersed throughout the service areas covered by Empresa Geral do Fomento SA and its 11 subsidiaries respectively.

    This project will contribute to achieving compliance with the EU regulation as per the Waste Framework and Landfill Directives and the Circular Economy Package. The project is also a stepping-stone towards the implementation of PERSU 2020, the National Plan on Urban Waste Management, and of the National Waste Management Plan (PNGR 2014-2020), approved in 2014 and 2015, respectively.

    Environmental aspects
    Procurement

    The project aims at achieving the objectives of EU Directives governing the solid waste management sector, notably the Circular Economy Package adopted in 2018. It includes the Landfill Directive 2018/850 (amending Directive 1999/31/EC) and the Waste Framework Directive 2018/851 (amending Directive 2008/98/EC). It is expected that the project will contribute to achieving good economic benefits in line with the EU's Circular Economy legislative package. The promoter will be required to comply with the Strategic Environmental Assessment (SEA) Directive 2001/42/EC, the Environmental Impact Assessment (EIA) Directive 2011/92/EU as amended by Directive 2014/52/EU, and the requirements of the Habitats 92/43/EEC and Birds 79/409/EEC Directives, where appropriate. All relevant key documents for the Project will be published, in line with the EIB's disclosure policy.

    Contracts for the implementation of the project shall be tendered in accordance with the relevant applicable EU procurement legislation. EIB preliminary assessment of the promoter, its subsidiaries holding concessions, and the concessions contracts has led to the conclusion that the concessionaires are private bodies not subject to EU directives on public procurement (2014/24/EU), concessions (2014/23/EU) or water, energy, transport and postal service sectors (2014/25/EU).

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - PORTUGAL SOLID WASTE INVESTMENT PLAN
    Publication Date
    24 Dec 2019
    Document language
    Main Topic
    Lending
    Document Number
    90071629
    Document Focus
    Environmental Information
    Project Number
    20180487
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - PORTUGAL SOLID WASTE INVESTMENT PLAN
    Publication Date
    20 Dec 2023
    Document language
    Main Topic
    Lending
    Document Number
    178937834
    Document Focus
    Environmental Information
    Project Number
    20180487
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - PORTUGAL SOLID WASTE INVESTMENT PLAN
    Publication Date
    17 Dec 2019
    Document Language
    English
    Main Topic
    lending
    Document Number
    125321626
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20180487
    Last update
    17 Dec 2019
    Sector(s)
    Solid waste
    Countries
    Portugal
    Publicly available
    Download now

    Photogallery

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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