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    Reference: 20180828
    Release date: 4 September 2019

    Promoter – Financial Intermediary

    ISTITUTO PER IL CREDITO SPORTIVO

    Location

    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)

    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).

    Related tags

    Italy Urban development Credit lines