PUBLIACQUA WATER INFRASTRUCTURE UPGRADE

Promoter – Financial Intermediary

PUBLIACQUA SPA

Location

• Italy

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