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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

    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) - 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) - 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) - 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

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    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.
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