Release date: 18 February 2008
Promoter – Financial Intermediary
Enìa S.p.A.
Location
Description
The EIB project will concern a part of the 2007-2012 investment plan of Enìa in the provinces of Parma, Reggio Emilia and Piacenza regarding water and wastewater schemes.
Objectives
The main objective of the project is the compliance with the water quality and service standards set by the EC directives.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 90 million
Total cost (Approximate amount)
EUR 180 million
Environmental aspects
The project will contribute towards the improvement of the environmental conditions in the provinces of Parma, Piacenza and Reggio Emilia by providing better water supply and wastewater collection and treatment services. It is hence eligible under Art 267 (c), Environment.
Procurement
The Bank will require the promoter to ensure that contracts for the implementation of the project are tendered in accordance with the relevant applicable EU procurement Directives (Dir 93/38, 2004/17/EEC), with publication of tender notices in the EU Official Journal, as and where appropriate.
Status
Signed - 5/06/2008
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).