Summary sheet
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
The loan concerns the promoter's investment plan for the modernisation and upgrade of water supply and wastewater infrastructure in the City of Milan as well as across several provinces in the northern Italian region of Lombardy. The project will be implemented in the period 2025-2030.
The aim is to finance water meters, extension and rehabilitation of water supply networks, rehabilitation of tanks and other related work, as well as wastewater investments to extend and rehabilitate sewer systems and wastewater treatment plants (WWTPs), among others. Additional project components include IT investments enabling digitalisation of the operations. Through this project, the promoter aims at optimising water use, improving water service quality, and ensuring security of supply in the concerned service area.
Some of the project components might be subject to a mandatory Environmental Impact Assessment (EIA) report, including public consultations. The decision of the competent Authorities regarding their Environmental Impact Assessment will be assessed during appraisal. The proposed investments are likely to fall under Annex II of the EIA Directive 2011/92/EU amended by the Directive 2014/52/EU. Investments in water and wastewater are expected to have net positive environmental impact, considering their focus on compliance with amongst others the Water Framework Directive (WFD) 2000/60/EC and the Urban Wastewater Treatment Directive. Where and if applicable, and based on a risk-based approach as defined in the EIBG E&S Policy, the requirements of the Environmental Impact Assessment Directive 2011/92/EU as amended by Directive 2014/52/EU, Birds Directive 2009/147/EC and Habitats Directive 92/43/EEC will be checked during appraisal.
The promoter shall ensure that contracts for implementation of the project are tendered in accordance with the applicable EU procurement legislation, (Directive 2014/24/EU and 2014/25/EU as well as Directive 92/13/EEC and Directive 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.
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).
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.
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 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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