Release date: 16 May 2011
Promoter – Financial Intermediary
The EIB funds will be channelled to final beneficiaries by Banca Infrastrutture Innovazione e Sviluppo S.p.A. (BIIS).
Location
Description
The present credit line will be specifically earmarked (at least 70% of the facility amount) for infrastructure investments in the environment sector (including renewable energies, water, and waste treatment) and sustainable communities. The remaining part of the facility could be utilised also to support other energy initiatives, knowledge economy and projects located in convergence regions.
Objectives
Improving access to term finance at favourable conditions.
Comments
Italy (90%), France (possibly, for a maximum amount of 10% of the facility).
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
Not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable EU or national legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable EU or national legislation, as appropriate.
Status
Signed - 25/07/2011
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).