Banca Opi S.p.A., the SAN PAOLO IMI 100%-owned subsidiary specialised in public sector lending.
Contact: Ing. Vincenzo Frammartino Viale dell'Arte, 21 I-00144 Roma
Location
Italy
Description
Contribution to promote small and medium-sized infrastructure investments in regional development areas and of Community interest; to investments leading to a more rational use of energy, support to projects concerning environmental protection, reduction of pollution, i2i, education and health.
Objectives
Financing via term loans of small and medium-sized infrastructure projects of regional development or Community interest, including ventures concerning energy, environmental protection, human capital and i2i sectors.
Comments
Sector(s)
Credit lines
Proposed EIB finance (Approximate amount)
EUR 200 million.
Total cost (Approximate amount)
EIB finance will cover up to 50% of total project cost for each allocation.
Environmental aspects
Complying with EU and national legislation on environmental protection.
Procurement
Complying with EU procurement procedures. For large investments the Bank recommends that international bidding procedures be followed whenever possible, even if EU directives do not apply.
Status
Signed
-
16/06/2005.
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).
The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities. Enquiries and comments regarding 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, EIB can also be contacted through its external offices.
Queries regarding details of a specific project, in particular when EIB loan is under appraisal, should be preferably addressed directly to project promoters.
Any complaint regarding alleged maladministration can be lodged to EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.
Zero-tolerance against fraud and corruption
The EIB has a zero-tolerance policy on fraud or corruption. To report allegations of fraud or corruption in EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential, and are handled in line with EIB investigation procedures and the Anti-Fraud Policy.
The EIB is committed to achieving the highest possible level of transparency. The EIB Transparency Policy sets out how EIB discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations.