Release date: 11 September 2007
Promoter – Financial Intermediary
EGF-Empresa Geral do Fomento, S.A., the sub-holding of the Águas de Portugal group for the solid waste sector, through five regional multi-municipal subsidiaries.Location
Description
programme concerning the construction and operation of facilities, equipment and infrastructure for mechanical biological treatment, composting and anaerobic digestion of solid organic materials, selective collection points, sorting plants, sanitary landfills, landfill gas capture and transfer stations.
Objectives
Meet the goals of the National Strategic Plan for the solid waste management sector and the relevant EU Directives, particularly Landfill and Packaging.
Sector(s)
Proposed EIB finance (Approximate amount)
In the order of 50% of the project cost. The financing can go up to 75% for some components falling under the EIB Climate Change Financing Facility.
Total cost (Approximate amount)
EUR 280 million, on a preliminary basis.
Environmental aspects
The project falls under Annex I of the EIA Directive. Compliance with EU environmental directives and national laws will be ensured. The promoter's environmental management plan will be reviewed by the EIB.
Procurement
EGF follows the procurement procedures required by the national and EU legislation.
Status
Signed - 4/07/2008
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).