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    Signature(s)

    Amount
    € 30,000,000
    Countries
    Sector(s)
    Italy : € 30,000,000
    Water, sewerage : € 30,000,000
    Signature date(s)
    8/08/2018 : € 30,000,000

    Summary sheet

    Release date
    17 May 2018
    Status
    Reference
    Signed | 08/08/2018
    20170619
    Project name
    Promoter - financial intermediary
    GAIA WATER INFRASTRUCTURE UPGRADE
    GAIA SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 30 million
    EUR 65 million
    Location
    Sector(s)
    • Water, sewerage - Water supply; sewerage, waste management and remediation activities
    Description
    Objectives

    The project consists of investments for the upgrade of the water infrastructure in the service area known as Toscana Nord in the region of Tuscany, Italy, during the period 2018-2022.

    The project is driven by the need to ensure compliance with 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 and increased service quality. Moreover, the project is expected to increase resilience against the effects of climate change, and to generate energy savings, thereby contributing to climate change adaptation and mitigation.

    Environmental aspects
    Procurement

    The project is expected to have positive net environmental and social impact, considering the 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.

    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.

    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) - GAIA WATER INFRASTRUCTURE UPGRADE
    Publication Date
    21 Jun 2018
    Document language
    Main Topic
    Lending
    Document Number
    84048848
    Document Focus
    Environmental Information
    Project Number
    20170619
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - GAIA WATER INFRASTRUCTURE UPGRADE
    Publication Date
    28 Nov 2024
    Document language
    Main Topic
    Lending
    Document Number
    234549762
    Document Focus
    Environmental Information
    Project Number
    20170619
    Sector(s)
    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.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    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.

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