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Summary sheet

Release date
3 September 2025
Status
Reference
Approved | 31/10/2025
20250164
Project name
Promoter - financial intermediary
ACQUE VERONESI WATER INFRA UPGRADE II
ACQUE VERONESI SCARL
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 60 million
EUR 151 million
Location
Sector(s)
  • Water, sewerage - Water supply; sewerage, waste management and remediation activities
Description
Objectives

The project will finance part of the Promoter's investment programme in water supply, wastewater and stormwater management infrastructure during the period 2025 - 2029.

The aim is to support the Promoter's in providing integrated water services in 77 municipalities in the Province of Verona (Veneto Region). In particular, the project consists of numerous small to medium size investments to reduce water losses, increase water security, reduce flooding and protect the environment.

Environmental aspects
Procurement

The environmental impact of the underlying investment components is minimal, with the principal effects occurring predominantly during the construction phase (noise, dust, traffic etc) and not normally requiring a full environmental and impact assessment (EIA). At this stage, none of the investments are expected to require a full Environmental Impact Assessment (EIA) under Directive 2014/52/EC amending Directive 2011/92/EC. The Project will not have an impact on Natura 2000 or other protected areas. The Promoter is required to comply with all relevant national and European legislation. Overall, the project is expected to bring substantial environmental quality improvements, notably in terms of higher ecological quality of surface and groundwater resources, as well as a more rational use of water resources and reinforcement of adaptation to extreme weather events, thereby increasing the resilience to potential effects of climate change.

The Promoter shall ensure that contracts for the implementation of the Project will be tendered in accordance with the applicable EU procurement legislation Directives 2014/23/EU, 2014/24/EU or 2014/25/EU, where applicable, as well as Directives 92/13/EEC and 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

Milestone
Approved
31 October 2025
Related projects
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) - ACQUE VERONESI WATER INFRA UPGRADE II
Publication Date
7 Nov 2025
Document language
Main Topic
Lending
Document Number
250875765
Document Focus
Environmental Information
Project Number
20250164
Sector(s)
Regions
Countries
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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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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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