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    Signature(s)

    Amount
    € 40,000,000
    Countries
    Sector(s)
    Italy : € 40,000,000
    Solid waste : € 2,560,000
    Water, sewerage : € 10,240,000
    Energy : € 27,200,000
    Signature date(s)
    17/11/2017 : € 498,170.42
    17/11/2017 : € 585,498.35
    17/11/2017 : € 589,829.58
    17/11/2017 : € 886,501.65
    17/11/2017 : € 1,992,681.67
    17/11/2017 : € 2,341,993.41
    17/11/2017 : € 2,359,318.33
    17/11/2017 : € 3,546,006.59
    17/11/2017 : € 5,293,060.69
    17/11/2017 : € 6,220,920
    17/11/2017 : € 6,266,939.31
    17/11/2017 : € 9,419,080

    Summary sheet

    Release date
    5 September 2016
    Status
    Reference
    Signed | 21/11/2017
    20160241
    Project name
    Promoter - financial intermediary
    EGEA NETWORKS
    EGEA ENTE GESTIONE ENERGIA E AMBIENTE SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 million
    EUR 110 million
    Description
    Objectives

    The project comprises part of the multi-annual investment programme of the promoter's group, focusing on three of its business areas: district heating, water and waste collection.

    The main purpose of the project is to develop and optimise the district heating supply services to better serve existing and future demand. The project is expected to reduce CO2 and other pollutants emissions, by replacing individual smaller, fossil-fuel-fired heating boilers in residential and public buildings. The water components aim to improve sustainability and efficiency. Investments in waste management facilities should contribute to improving the waste management system in the service areas of the promoter by improving selective waste collection and increasing the share of municipal waste subject to recovery, treatment and recycling.

    Environmental aspects
    Procurement

    District heating projects typically fall under Annex II of the Environmental Impact Assessment (EIA) Directive, leaving it to the national competent authority to determine whether an environmental impact assessment is required according to criteria defined in Annex III of the directive. The project schemes in integrated water services and waste collection are not likely to have a significant environmental and social impact and none of them are expected to require EIA. During appraisal, the promoter's environmental, health and safety procedures will be assessed to determine that they are acceptable and in line with Bank environmental and social (E&S) requirements.

    The Bank will require the promoter to ensure that contracts for the implementation of the project shall be tendered in accordance with the relevant applicable EU procurement legislation, (i.e. Directive 2004/17/EC and Directive 2004/18/EC where applicable, as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, 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).

    Documents

    Environmental and Social Data Sheet (ESDS) - EGEA NETWORKS
    Publication Date
    23 Oct 2017
    Document language
    Main Topic
    Lending
    Document Number
    68176095
    Document Focus
    Environmental Information
    Project Number
    20160241
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - EGEA NETWORKS - Studio Ambientale
    Publication Date
    13 Sep 2018
    Document language
    Main Topic
    Lending
    Document Number
    86905542
    Document Focus
    Environmental Information
    Project Number
    20160241
    Regions
    Countries
    Publicly available
    Download now
    Other links
    Summary sheet
    Data sheet

    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.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    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 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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