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        ENIA ECO-UTILITY EMILIA ROMAGNA

        Signature(s)

        Amount
        € 100,000,000
        Countries
        Sector(s)
        Italy : € 100,000,000
        Water, sewerage : € 100,000,000
        Signature date(s)
        5/06/2008 : € 100,000,000

        Summary sheet

        Release date
        18 February 2008
        Status
        Reference
        Signed | 05/06/2008
        20070124
        Project name
        Promoter - financial intermediary
        Enìa Eco-Utility Emilia Romagna

        Enìa S.p.A.

        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 90 million
        EUR 180 million
        Location
        Sector(s)
        Description
        Objectives

        The EIB project will concern a part of the 2007-2012 investment plan of Enìa in the provinces of Parma, Reggio Emilia and Piacenza regarding water and wastewater schemes.

        The main objective of the project is the compliance with the water quality and service standards set by the EC directives.

        Environmental aspects
        Procurement

        The project will contribute towards the improvement of the environmental conditions in the provinces of Parma, Piacenza and Reggio Emilia by providing better water supply and wastewater collection and treatment services. It is hence eligible under Art 267 (c), Environment.

        The Bank will require the promoter to ensure that contracts for the implementation of the project are tendered in accordance with the relevant applicable EU procurement Directives (Dir 93/38, 2004/17/EEC), with publication of tender notices in the EU Official Journal, as and where appropriate.

        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).

        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.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the 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 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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