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Signature(s)

Amount
€ 40,000,000
Countries
Sector(s)
Italy : € 40,000,000
Solid waste : € 2,560,000
Water, sewerage : € 10,240,000
Energy : € 27,200,000
Signature date(s)
17/11/2017 : € 498,170.42
17/11/2017 : € 585,498.35
17/11/2017 : € 589,829.58
17/11/2017 : € 886,501.65
17/11/2017 : € 1,992,681.67
17/11/2017 : € 2,341,993.41
17/11/2017 : € 2,359,318.33
17/11/2017 : € 3,546,006.59
17/11/2017 : € 5,293,060.69
17/11/2017 : € 6,220,920
17/11/2017 : € 6,266,939.31
17/11/2017 : € 9,419,080
Link to source
Data sheet

Summary sheet

Release date
5 September 2016
Status
Reference
Signed | 21/11/2017
20160241
Project name
Promoter - financial intermediary
EGEA NETWORKS
EGEA ENTE GESTIONE ENERGIA E AMBIENTE SPA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
EUR 110 million
Description
Objectives

The project comprises part of the multi-annual investment programme of the promoter's group, focusing on three of its business areas: district heating, water and waste collection.

The main purpose of the project is to develop and optimise the district heating supply services to better serve existing and future demand. The project is expected to reduce CO2 and other pollutants emissions, by replacing individual smaller, fossil-fuel-fired heating boilers in residential and public buildings. The water components aim to improve sustainability and efficiency. Investments in waste management facilities should contribute to improving the waste management system in the service areas of the promoter by improving selective waste collection and increasing the share of municipal waste subject to recovery, treatment and recycling.

Environmental aspects
Procurement

District heating projects typically fall under Annex II of the Environmental Impact Assessment (EIA) Directive, leaving it to the national competent authority to determine whether an environmental impact assessment is required according to criteria defined in Annex III of the directive. The project schemes in integrated water services and waste collection are not likely to have a significant environmental and social impact and none of them are expected to require EIA. During appraisal, the promoter's environmental, health and safety procedures will be assessed to determine that they are acceptable and in line with Bank environmental and social (E&S) requirements.

The Bank will require the promoter to ensure that contracts for the implementation of the project shall be tendered in accordance with the relevant applicable EU procurement legislation, (i.e. Directive 2004/17/EC and Directive 2004/18/EC where applicable, as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

Link to source
Summary sheet
Other links

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) - EGEA NETWORKS
Publication Date
23 Oct 2017
Document language
Main Topic
Lending
Document Number
68176095
Document Focus
Environmental Information
Project Number
20160241
Regions
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - EGEA NETWORKS - Studio Ambientale
Publication Date
13 Sep 2018
Document language
Main Topic
Lending
Document Number
86905542
Document Focus
Environmental Information
Project Number
20160241
Regions
Countries
Publicly available
Download now
Other links
Summary sheet
Data sheet

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.

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