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    Reference: 20200947
    Release date: 21 September 2021

    Promoter – Financial Intermediary

    COMUNE DI PESCARA

    Location

    Description

    Financing of the city of Pescara's 2021-2025 investments in circular economy / waste management and in energy efficiency.

    Objectives

    The project consists of a framework loan (FL) for the implementation of the 2021-2025 investment programme of the city of Pescara in the sectors of solid waste management / circular economy (first component) and in energy efficiency (second component) respectively. The first component comprises an anaerobic digestion (AD) plant processing bio-waste, the upgrading of an old sorting station and the revamping of a recycling platform and the acquisition of new collection equipment. The second component will include the retrofit of efficient lighting, thermal coating, installation of energy efficient windows / doors, rooftop solar photovoltaic (PV) installations and the installation of Building Management Systems (BMS) in public buildings in Pescara. It also consists of a pipeline of energy efficiency measures in 55 public buildings including schools, offices, sports' facilities, under the GSE Thermal Account incentives' programme.

    Sector(s)

    • Energy - Electricity, gas, steam and air conditioning supply
    • Solid waste - Water supply; sewerage, waste management and remediation activities

    Proposed EIB finance (Approximate amount)

    EUR 35 million

    Total cost (Approximate amount)

    EUR 56 million

    Environmental aspects

    The abovementioned facilities are likely to fall under Annex II of the EIA Directive 2014/52/EU amending Directive 2011/92/EU, SEA Directive (2001/42/EC), Habitats Directive (92/43/EEC) and Birds Directive (2009/147/EC). The project will also support energy efficiency investments that contribute to the reduction of greenhouse gases emissions and other airborne pollutants. The Bank will assess and if needed will reinforce the Promoter's capacity to appraise sub-schemes for compliance with national regulations and EU environmental and biodiversity requirements and EU Directive on Energy Performance Building as well as its capacity to support the Bank's Public Disclosure Policy, which aims at facilitating access by the public to environmentally relevant information.

    Procurement

    The Bank will require the Promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the applicable EU procurement legislation Directives 2014/23/EU, 2014/24/EU or 2014/25/EU, where applicable, as well as Directives 92/13/EEC and 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

    Status

    Under appraisal - 2/03/2021

    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 Energy Solid waste