Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 130,000,000
    Countries
    Sector(s)
    Italy : € 130,000,000
    Solid waste : € 39,000,000
    Energy : € 91,000,000
    Signature date(s)
    9/12/2015 : € 39,000,000
    9/12/2015 : € 91,000,000

    Summary sheet

    Release date
    14 July 2015
    Status
    Reference
    Signed | 09/12/2015
    20150283
    Project name
    Promoter - financial intermediary
    GRUPPO IREN TELERISCALDAMENTO E AMBIENTE
    IREN SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 140 million
    EUR 280 million
    Location
    Sector(s)
    Description
    Objectives

    Investment programme in district heating networks and waste management facilities

    The main purpose of such investments in district heating would be to improve the operational flexibility of the system (peak demand coverage) and to reduce the absolute amount of local air pollutants (NOx, SO2) by replacing individual smaller, fossil-fuel-fired heating boilers in residential and public buildings. Investments in the waste sector would contribute to increasing materials recovery from residual municipal waste and thereby decrease environmental and climate change impact from current waste treatment and disposal operations.

    Environmental aspects
    Procurement

    By virtue of their technical characteristics, some of the indicatively assumed project components for financing might concern investments which could fall under Annex II of the Environmental Impact Assessment (EIA) Directive (2014/52/EU), which requires the competent national authority to determine the need for an EIA. A condition will be included in the finance contract requiring that the promoter completes any EIA or nature conservation area impact assessment and receives approval from the competent authorities prior to allocating the Bank’s funds to the project scheme, including providing copies of the relevant documents, including the consents, to the Bank. Residual environmental impact of the project schemes assumed to be supported by the Bank is expected to be minimal.

    The promoter is well known to the Bank and thus its procurement procedures are expected to be in compliance with Directive 2014/25/EU on utilities sector procurement.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - GRUPPO IREN TELERISCALDAMENTO E AMBIENTE
    Publication Date
    29 Jan 2016
    Document language
    Main Topic
    Lending
    Document Number
    64434204
    Document Focus
    Environmental Information
    Project Number
    20150283
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    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.

    Media enquiries

    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 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.

    Related publications