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    Signature(s)

    Amount
    € 150,000,000
    Countries
    Sector(s)
    Italy : € 150,000,000
    Credit lines : € 75,000,000
    Urban development : € 75,000,000
    Signature date(s)
    22/12/2020 : € 25,000,000
    22/12/2020 : € 25,000,000
    15/11/2019 : € 50,000,000
    15/11/2019 : € 50,000,000

    Summary sheet

    Release date
    4 September 2019
    Status
    Reference
    Signed | 15/11/2019
    20180828
    Project name
    Promoter - financial intermediary
    ICS SPORTS FACILITIES MBIL
    ISTITUTO PER IL CREDITO SPORTIVO
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 150 million
    not applicable
    Location
    Sector(s)
    Description
    Objectives

    The project consists of a Multiple Beneficiary Intermediated Loan (MBIL) to Istituto per il Credito Sportivo (ICS) to support improvements and new construction of public sports facilities, promoted by local authorities and other public entities across Italy.

    To finance small/medium scale sport infrastructure projects carried out by public authorities. The project will reinforce an integrated territorial urban development and will support social cohesion and inclusion.

    Environmental aspects
    Procurement

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

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

    Comments

    n/a

    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) - ICS SPORTS FACILITIES MBIL
    Publication Date
    5 Nov 2019
    Document language
    Main Topic
    Lending
    Document Number
    93774356
    Document Focus
    Environmental Information
    Project Number
    20180828
    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.

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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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