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    Reference: 20070142
    Release date: 10 May 2007

    Promoter – Financial Intermediary

    Trattamento Rifiuti Metropolitani SpA (TRM)

    Location

    Description

    The implementation of a large-scale waste incineration plant for the treatment of non-hazardous, residual municipal solid waste, designed to co-generate electricity and heat. Further on, the project will comprise the first section of a dedicated landfill to dispose inert residues of waste combustion.

    Objectives

    The objectives are improved waste management and rational use of energy in line with the provincial waste management plan of 2005.

    Comments

    Electricity, Gas and Water Supply

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 180 million.

    Total cost (Approximate amount)

    EUR 360 million.

    Environmental aspects

    The projected waste incineration plant falls under Annex I of the EIA Directive 85/337/EEC, amended 97/11/EC and 2003/35/EC, while the landfill falls under Annex II. The details of the environmental procedures followed for all project components including the results of EIAs, public consultation, and proposed mitigating measures will be reviewed during appraisal.

    Procurement

    The Bank will examine the procurement procedures during appraisal and will require the Promoter to ensure that contracts for the implementation of the project are tendered in accordance with the relevant applicable EU procurement Directive (2004/18/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.

    Status

    Signed - 29/10/2008

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Italy Solid waste