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Summary sheet

Release date
29 August 2025
Status
Reference
Under appraisal | 15/05/2025
20250274
Project name
Promoter - financial intermediary
VIVERACQUA HYDROBOND 6
VIVERACQUA SCARL
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 220 million
EUR 552 million
Location
Sector(s)
  • Water, sewerage - Water supply; sewerage, waste management and remediation activities
Description
Objectives

The project will support small to medium water utilities through innovative structured financing in the Italian region of Veneto.

The project concerns the modernisation and upgrade of water collection, treatment and supply infrastructures. Proposed project components related to water supply include the extension and rehabilitation of water supply networks and other related works with the application of best available technologies. Related to sanitation and wastewater, the project will concern investments to extend and rehabilitate sewer systems and wastewater treatment plants (WWTPs), among others. Additional project components might include the installation of remote-control systems with the goal to increase efficiency during the operation and maintenance of existing and future assets and networks.

Environmental aspects
Procurement

Some of the project components might be subject to a mandatory Environmental Impact Assessment (EIA) report, including public consultations. The decision of the competent Authorities regarding their Environmental Impact Assessment will be assessed during appraisal. The project components are likely to fall under Annex II of the EIA Directive (2011/92/EU) amended by the Directive 2014/52/EU, Strategic Environmental Assessment Directive (2001/42/EC), Habitats Directive (92/43/EEC), Water Framework Directive (2000/60/EC), Urban Wastewater Treatment Directive (91/271/EEC), Drinking Water Directive (2020/2184/EU) and Birds Directive (2009/147/EC). It is expected that the projects will generate significant environmental and public health benefits from reduced discharge of untreated wastewater to environmental bodies because of rehabilitated and upgraded sewer systems and WWTPs. Investments in water supply networks and distribution systems will result in reduced water losses, a more rational use of scarce water resources and the protection of local groundwater. The full environmental details will be further examined during appraisal.

The Bank will require the Utility Companies to ensure that contracts for the implementation of the project will be tendered in accordance with the applicable EU procurement legislation Directives 2014/23/EU, 2014/24/EU or 2014/25/EU, where applicable, as well as Directives 92/13/EEC and 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required. Information on awarded main suppliers/contractors for the implementation of the envisaged operation is not available.

Milestone
Under appraisal
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).

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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