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    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    Italy : € 50,000,000
    Solid waste : € 20,000,000
    Water, sewerage : € 30,000,000
    Signature date(s)
    9/07/2014 : € 8,000,000
    9/07/2014 : € 12,000,000
    9/07/2014 : € 12,000,000
    9/07/2014 : € 18,000,000

    Summary sheet

    Release date
    3 September 2021
    Status
    Reference
    Signed | 09/07/2014
    20140234
    Project name
    Promoter - financial intermediary
    VERITAS ACQUA E RIFIUTI
    VENEZIANA ENERGIA RISORSE IDRICHE TERRITORIO AMBIENTE SERVIZI - VERITAS SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 million
    EUR 100 million
    Location
    Sector(s)
    • Water, sewerage - Water supply; sewerage, waste management and remediation activities
    • Solid waste - Water supply; sewerage, waste management and remediation activities
    Description
    Objectives

    Investments in water distribution services and in wastewater and solid waste collection and treatment services.

    The purpose of the water and wastewater components is to strengthen the continuity of safe water supply, rationalise and secure the collection and treatment of wastewater in line with regulations, and to carry out extraordinary maintenance and efficiency upgrades on the networks and treatment plants. The solid waste investments are expected to contribute to increasing materials recovery from residual waste and diversion of waste from landfills.

    Environmental aspects
    Procurement

    The investments are expected to have positive net environmental and social impacts, considering their focus on compliance and resource efficiency. Where and if applicable, the requirements of the Environmental Impact Assessment (EIA) Directive 2014/52/EU amending Directive 2011/92/EC, the Habitats Directive (92/43/EC) and the Birds Directive (2019/147/EC) will be verified during appraisal.

    The Bank will require the Promoter to ensure that contracts for the implementation of the project be tendered in accordance with the relevant applicable EU procurement legislation, [2014/25/EU where applicable, as well as Directive 92/13/EEC and Directive 89/665/EEC] as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

    Related projects

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - VERITAS ACQUA E RIFIUTI
    Publication Date
    4 Sep 2021
    Document language
    Main Topic
    Lending
    Document Number
    52210308
    Document Focus
    Environmental Information
    Project Number
    20140234
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - VERITAS ACQUA E RIFIUTI
    Publication Date
    4 Sep 2021
    Document language
    Main Topic
    Lending
    Document Number
    142259982
    Document Focus
    Environmental Information
    Project Number
    20140234
    Regions
    Countries
    Publicly available
    Download now

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

    Related publications