Release date: 25 September 2007
Promoter – Financial Intermediary
Banca Intesa Infrastrutture e Sviluppo S.p.A and Banca OPI S.p.A., specialised subsidiaries of the Intesa Sanpaolo banking group for public sector and infrastructure financing, which are going to merge by January 1st, 2008.
Location
Description
Credit line for the financing of small and medium sized investments in the infrastructure field.
Objectives
To sustain small and medium-sized investments of EU interest promoted mainly by local authorities and other public or private entities, including environment (renewable energies, water, waste management, urban rehabilitation schemes) for at least 70% of the facility amount and, for the balance, energy and human capital (education and health).
Sector(s)
Proposed EIB finance (Approximate amount)
Up to Eur 350 million.
Total cost (Approximate amount)
EIB loan will cover up to 50% of total project costs.
Environmental aspects
Complying with EU and national legislation on environmental protection.
Procurement
Complying with EC procurement procedures.
Status
Signed - 27/11/2007