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    Reference: 20210325
    Release date: 10 November 2021

    Promoter – Financial Intermediary

    TERRITORIO ENERGIA AMBIENTE MANTOVA SPA

    Location

    Description

    Investments in the integrated water sector in the territory of the Province of Mantova, Italy.

    Objectives

    The project aims at supporting investments in water and wastewater infrastructure, in order to improve the coverage, quality and resilience of integrated water services in the province of Mantova, Lombardy Region. The underlying investments will bring operational efficiency improvements (e.g. reduction of water losses, increased energy efficiency, better resilience to extreme weather events) and generate substantial social benefits by improving the environment and public health in the region, as well as increasing employment opportunities.

    Sector(s)

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

    Proposed EIB finance (Approximate amount)

    EUR 60 million

    Total cost (Approximate amount)

    EUR 126 million

    Environmental aspects

    The investments are expected to have positive net environmental and social impacts, considering their focus on compliance with, amongst others, the Urban Waste Water Treatment Directive 91/271/EC, the Water Framework Directive 2000/60/EC, and their contributions to resource efficiency from efficiency improvements. Where and if applicable, the requirements of the Environmental Impact Assessment Directive 2014/52/EU amending the Directive 2011/92/EU, Birds Directive 2009/147/EC and Habitats Directive 92/43/EEC will be verified during appraisal.

    Procurement

    The Bank will require the utilities to ensure that contracts for implementation of the project have been or will be tendered in accordance with the applicable EU procurement legislation, Directive 2014/23/EU where applicable and/or 2014/24/EU where applicable and/or 2014/25/EU where applicable, as well as Directive 92/13/EEC and Directive 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 - 10/11/2021

    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 Water, sewerage