Release date: 20 November 2017
Promoter – Financial Intermediary
Investments in water and wastewater infrastructure in the Province of Palermo (Sicily region) during the period 2017-2020.
The operation will improve the quality and reliability of integrated water services and increase operational efficiency, notably through a reduction in non-revenue water (water that has been produced and is "lost" before it reaches the customer).
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
Proposed EIB finance (Approximate amount)
EUR 20 million
Total cost (Approximate amount)
EUR 45 million
The investments in the water and wastewater sector are expected to have a 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.
The promoter is a contracting authority within the meaning of the Procurement Directive 2014/25/EU. The promoter will have to comply with EU Public Procurement Directives (2014/25/EU and 92/13/EEC) and with Italian Public Procurement Legislation. The promoter will also be required to publish tender notices in the Official Journal of the European Union where applicable.
Signed - 20/12/2017
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).