Release date: 4 September 2019
Promoter – Financial Intermediary
ISTITUTO PER IL CREDITO SPORTIVOLocation
Description
The project consists of a Multiple Beneficiary Intermediated Loan (MBIL) to Istituto per il Credito Sportivo (ICS) to support improvements and new construction of public sports facilities, promoted by local authorities and other public entities across Italy.
Objectives
To finance small/medium scale sport infrastructure projects carried out by public authorities. The project will reinforce an integrated territorial urban development and will support social cohesion and inclusion.
Comments
n/a
Sector(s)
- Urban development - Construction
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 150 million
Total cost (Approximate amount)
not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 15/11/2019
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).