Release date: 9 November 2010
Promoter – Financial Intermediary
Cassa Depositi e Prestiti S.p.A. (CDP)
Location
Description
Framework loan facility to finance various investment schemes including civil works, facilities and equipment, networks for the provision and distribution of public services and land reclamation works, promoted by owners, managers and concessionaires of public infrastructure.
Objectives
The proposed operation is intended to provide CDP with part of the funding required to develop its ”Gestione Ordinaria”. The underlying sub-projects to be included are various forms of investment schemes, including also PPP arrangements for public infrastructure. The Bank will fund corporate as well as project finance deals.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 500 million.
Total cost (Approximate amount)
EIB finance will cover up to 50% of total sub-project cost for each allocation.
Environmental aspects
Sub-projects undertaken with the proceeds of EIB funds shall comply with the applicable EU and national legislation.
Procurement
Contracts for the implementation of the sub-projects undertaken have been/shall be tendered in accordance with the applicable EU and national legislation.
Status
Signed - 21/12/2010
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).