Release date: 19 December 2008
Promoter – Financial Intermediary
Costa Crociere S.p.A.
Location
Description
The project concerns the modernisation and enlargement of the Promoter’s fleet through the acquisition of 4 new cruise vessels.
Objectives
The vessels will operate mainly on the Baltic and Mediterranean routes of the promoter and will call, amongst others, at different ports located in European Convergence regions and North African countries, thus contributing to the economic and social development of those areas.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 550 million.
Total cost (Approximate amount)
Approximately EUR 1,528 million.
Environmental aspects
The project is expected to have no significant environmental impact. The Bank's services will verify environmental and safety issues, such as emissions data and compliance with MARPOL standards, during the project's due diligence.
Procurement
Procurement is expected to be in line with EIB guidelines for private sector projects. The Bank’s services will verify the details during the project’s due diligence.
Status
Signed - 5/06/2009
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).