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Summary sheet

Release date
2 April 2014
Status
Reference
Approved | 04/06/2014
20130451
Project name
Promoter - financial intermediary
MEDIUM SIZED UTILITIES PROGRAMME LOAN
Italian utilities
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 286 million
EUR 600 million
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
  • Water, sewerage - Water supply; sewerage, waste management and remediation activities
  • Solid waste - Water supply; sewerage, waste management and remediation activities
Description
Objectives

A programme loan for funding capital expenditure investments in water, waste, district heating, electricity and gas networks and public lighting by local utilities.

The water and wastewater components contribute towards ensuring security of supply, resource efficiency and improving the quality of the water bodies receiving the treated wastewaters. The solid waste components are expected to contribute to meeting the respective targets for diversion of waste from landfills and enable recovery of recyclable materials and possibly also energy from residual waste. The upgrading and the expansion of gas, electricity, public lighting and district heating networks are necessary to maintain a safe and reliable service to existing consumers, meet peak demands, provide for growth in demand, and contribute to increasing energy efficiency.

Environmental aspects
Procurement

The investments in the water and waste are expected to have positive net environmental and social impacts, considering their focus on compliance and resource efficiency. The investments in electricity, gas and heat distribution are expected to have minor impacts. Where and if applicable, the requirements of the Environmental Impact Assessment (EIA) Directive 2011/92/EC, the Habitats Directive (92/43/EC) and the Birds Directive (79/409/EEC) will be respected and the Bank will publish the non-technical summary of the EIA on its website.

The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (2004/17/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

Comments

n/a

Related projects
Related sub-project
Related sub-project
Link to source

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) - MEDIUM SIZED UTILITIES PROGRAMME LOAN
Publication Date
12 Jun 2014
Document language
Main Topic
Lending
Document Number
53225465
Document Focus
Environmental Information
Project Number
20130451
Regions
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - CAP HOLDING SETTORE IDRICO MILANO
Publication Date
4 Sep 2014
Document language
Main Topic
Lending
Document Number
54369702
Document Focus
Environmental Information
Project Number
20130451
Regions
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - AIM VICENZA ENERGIA E RIFIUTI
Publication Date
6 Mar 2015
Document language
Main Topic
Lending
Document Number
57772760
Document Focus
Environmental Information
Project Number
20130451
Regions
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - VERITAS ACQUA E RIFIUTI
Publication Date
6 Mar 2015
Document language
Main Topic
Lending
Document Number
57775163
Document Focus
Environmental Information
Project Number
20130451
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - AIM VICENZA ENERGIA E RIFIUTI
Publication Date
20 Dec 2023
Document language
Main Topic
Lending
Document Number
180657331
Document Focus
Environmental Information
Project Number
20130451
Regions
Countries
Publicly available
Download now
Other links

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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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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