Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages
    Reference: 20170330
    Release date: 6 September 2017

    Promoter – Financial Intermediary

    BRIANZACQUE SRL

    Location

    Description

    Investments in water and wastewater infrastructure in the Province of Monza and Brianza (Lombardy Region) during the period 2017 - 2021.

    Objectives

    The project is driven by the need to ensure compliance with the EU and national environmental legislation. The investments will deliver substantial health advantages and environmental quality improvements in the form of a more rational use of water resources, higher ecological quality of surface and groundwater resources, and increased service coverage and quality. Moreover, the project is expected to increase resilience to the effects of climate change, and to generate energy savings, thereby contributing to climate change adaptation and mitigation.

    Sector(s)

    • Water, sewerage - Water supply; sewerage, waste management and remediation activities

    Proposed EIB finance (Approximate amount)

    EUR 50 million

    Total cost (Approximate amount)

    EUR 126 million

    Environmental aspects

    The investments in the water and wastewater sector are expected to have positive net environmental and social impact, 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/EU, the Habitats Directive (92/43/EC) and the Birds Directive (79/409/EEC) will be respected and the Bank will publish the full text of the relevant EIAs on its website.

    Procurement

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

    Status

    Signed - 6/11/2017

    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 Water, sewerage