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    Reference: 20190405
    Release date: 14 October 2019

    Promoter – Financial Intermediary

    PUBLIACQUA SPA

    Location

    Description

    The project will finance water and wastewater infrastructure in the Provinces of Arezzo, Firenze, Pistoia and Prato (Tuscany Region).

    Objectives

    The purpose of the planned investments is twofold: (i) improving the efficiency of the drinking water supply system, while increasing its resilience to droughts and possible impacts of climate change (ii) eliminating the current situation of non-compliance with the Urban Wastewater Treatment Directive under the Infringement procedure n. 2014/2059. The Project also comprises investments in wastewater collection and treatment infrastructure in municipalities that do not fall under the aforementioned infringement procedure.

    Comments

    n/a

    Sector(s)

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

    Proposed EIB finance (Approximate amount)

    EUR 40 million

    Total cost (Approximate amount)

    EUR 196 million

    Environmental aspects

    The project is expected to have positive net environmental and social impact, considering the focus on compliance. 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 EIB 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 - 11/12/2019

    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