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Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
France : € 6,000,000
Italy : € 194,000,000
Credit lines : € 200,000,000
Signature date(s)
25/07/2014 : € 6,000,000
25/07/2014 : € 54,000,000
25/03/2013 : € 60,000,000
25/07/2011 : € 80,000,000
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Summary sheet

Release date
16 May 2011
Status
Reference
Signed | 25/07/2011
20110013
Project name
Promoter - financial intermediary
Intesa Sanpaolo Environment PG III

The EIB funds will be channelled to final beneficiaries by Banca Infrastrutture Innovazione e Sviluppo S.p.A. (BIIS).

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
Not applicable
Location
Sector(s)
Description
Objectives

The present credit line will be specifically earmarked (at least 70% of the facility amount) for infrastructure investments in the environment sector (including renewable energies, water, and waste treatment) and sustainable communities. The remaining part of the facility could be utilised also to support other energy initiatives, knowledge economy and projects located in convergence regions.

Improving access to term finance at favourable conditions.

Environmental aspects
Procurement

Final beneficiaries will be requested to comply with applicable EU or national legislation, as appropriate.

Final beneficiaries will be requested to comply with applicable EU or national legislation, as appropriate.

Comments

Italy (90%), France (possibly, for a maximum amount of 10% of the facility).

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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).

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Alternatively, the EIB can be contacted through its external offices.
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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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