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Signature(s)

Amount
€ 75,000,000
Countries
Sector(s)
Portugal : € 75,000,000
Solid waste : € 75,000,000
Signature date(s)
19/12/2019 : € 75,000,000
Link to source

Summary sheet

Release date
26 April 2019
Status
Reference
Signed | 19/12/2019
20180487
Project name
Promoter - financial intermediary
PORTUGAL SOLID WASTE INVESTMENT PLAN
EMPRESA GERAL DO FOMENTO SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 75 million
EUR 224 million
Location
Sector(s)
  • Solid waste - Water supply; sewerage, waste management and remediation activities
Description
Objectives

The project concerns the 2019-2021 investment programme of the promoter focussing on the implementation of various project components in the solid waste sector in Portugal. It consists of a number of investments geographically dispersed throughout the service areas covered by Empresa Geral do Fomento SA and its 11 subsidiaries respectively.

This project will contribute to achieving compliance with the EU regulation as per the Waste Framework and Landfill Directives and the Circular Economy Package. The project is also a stepping-stone towards the implementation of PERSU 2020, the National Plan on Urban Waste Management, and of the National Waste Management Plan (PNGR 2014-2020), approved in 2014 and 2015, respectively.

Environmental aspects
Procurement

The project aims at achieving the objectives of EU Directives governing the solid waste management sector, notably the Circular Economy Package adopted in 2018. It includes the Landfill Directive 2018/850 (amending Directive 1999/31/EC) and the Waste Framework Directive 2018/851 (amending Directive 2008/98/EC). It is expected that the project will contribute to achieving good economic benefits in line with the EU's Circular Economy legislative package. The promoter will be required to comply with the Strategic Environmental Assessment (SEA) Directive 2001/42/EC, the Environmental Impact Assessment (EIA) Directive 2011/92/EU as amended by Directive 2014/52/EU, and the requirements of the Habitats 92/43/EEC and Birds 79/409/EEC Directives, where appropriate. All relevant key documents for the Project will be published, in line with the EIB's disclosure policy.

Contracts for the implementation of the project shall be tendered in accordance with the relevant applicable EU procurement legislation. EIB preliminary assessment of the promoter, its subsidiaries holding concessions, and the concessions contracts has led to the conclusion that the concessionaires are private bodies not subject to EU directives on public procurement (2014/24/EU), concessions (2014/23/EU) or water, energy, transport and postal service sectors (2014/25/EU).

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).

Documents

Environmental and Social Data Sheet (ESDS) - PORTUGAL SOLID WASTE INVESTMENT PLAN
Publication Date
24 Dec 2019
Document language
Main Topic
Lending
Document Number
90071629
Document Focus
Environmental Information
Project Number
20180487
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - PORTUGAL SOLID WASTE INVESTMENT PLAN
Publication Date
20 Dec 2023
Document language
Main Topic
Lending
Document Number
178937834
Document Focus
Environmental Information
Project Number
20180487
Sector(s)
Regions
Countries
Publicly available
Download now
scoreboard - PORTUGAL SOLID WASTE INVESTMENT PLAN
Publication Date
17 Dec 2019
Document Language
English
Main Topic
lending
Document Number
125321626
Document Focus
EFSI legal requirements
Document Type
Scoreboard
Project Number
20180487
Last update
17 Dec 2019
Sector(s)
Solid waste
Countries
Portugal
Publicly available
Download now

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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.
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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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