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    Summary sheet

    Release date
    20 October 2020
    Status
    Reference
    Approved | 16/12/2020
    20200615
    Project name
    Promoter - financial intermediary
    URBASER WASTE MANAGEMENT RDI AND CLEAN FLEET
    URBASER SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 100 million
    EUR 216 million
    Location
    Sector(s)
    • Solid waste - Water supply; sewerage, waste management and remediation activities
    Description
    Objectives

    The project concerns the 2020-2023 investment programme of the Promoter, focusing on research, development and innovation (RDI), upgrading of Material Recovery Facilities and the procurement of an eco- and climate-friendly collection truck fleet.

    Foster innovation in the waste collection and treatment sector in order to achieve greater efficiency of the entire solid waste value chain, reduction of waste to be landfilled or incinerated, and increase recovery and quality of secondary raw materials. The procurement of highly efficient and eco- and climate-friendly collection vehicles will also increase productivity and reduce direct and indirect harmful greenhouse gas emissions.

    Environmental aspects
    Procurement

    The innovative plastic-to-oil demonstration plant falls under Annex II of the EIA Directive 2014/52/EU amending the EIA Directive 2011/92/EU. Hence, it will be appraised during due diligence if an environmental impact assessment (EIA) is required. The RDI activities, digitalisation measures and the modernisation of facilities part of the project will be carried out in existing facilities without changing their already authorised scope and hence are not expected to require an EIA. Impact on environment, the requirement of EIAs and other social aspects will be further assessed during the due diligence.

    The Promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions. However, if at the project appraisal, the EIB were to conclude that the Promoter is subject to EU public procurement legislation, then the Bank would duly inform the Commission Services and would require the Promoter to apply those rules.

    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) - URBASER WASTE MANAGEMENT RDI AND CLEAN FLEET
    Publication Date
    29 Dec 2020
    Document language
    Main Topic
    Lending
    Document Number
    133232816
    Document Focus
    Environmental Information
    Project Number
    20200615
    Sector(s)
    Regions
    Publicly available
    Download now
    scoreboard - URBASER WASTE MANAGEMENT RDI AND CLEAN FLEET
    Publication Date
    9 Mar 2021
    Document Language
    English
    Main Topic
    lending
    Document Number
    139376075
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20200615
    Last update
    10 Mar 2021
    Sector(s)
    Solid waste
    Countries
    Denmark, Finland, France, Italy, Spain, Sweden
    Publicly available
    Download now

    Photogallery

    General enquiries and comments

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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.
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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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