Release date: 21 June 2006
Promoter – Financial Intermediary
Società Metropolitana Acque Torino S.p.A.Location
Description
The proposed project consists of the small and medium schemes included in SMAT’s 2005-2010 investment programme.
Objectives
The works are aimed at improving water supply service levels, reducing water losses, extending wastewater collection and improving wastewater treatment in line with the standards of EU directives and Italian legislation.
Comments
Environment
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 130 million
Total cost (Approximate amount)
Up to EUR 350 million
Environmental aspects
The overall health and environmental impacts of the project are deemed to be positive. The Bank will require that the Promoter respects the EIA Directives (85/337/EEC and 97/11/EC), if applicable.
Procurement
The Bank will require the Promoter to ensure that contracts for the implementation of the project have been and shall be tendered in accordance with the relevant applicable EU procurement legislation.
Status
Signed - 16/02/2007
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).