Release date: 21 September 2021
Promoter – Financial Intermediary
COMUNE DI BOLOGNA
Framework loan to co-finance multi-sector schemes included in the Investment Programme of the City of Bologna and supporting the implementation of its General Urban Plan and its Climate Strategy. Investments comprise the upgrade and construction of public buildings, including notably schools. It also includes social housing, public lighting, sustainable urban mobility schemes, parks and open spaces as well as rehabilitation of urban roads.
The project supports the implementation of the 2021-2023 Investment Programme of the City of Bologna and its subsequent updates. It also supports the implementation of the City General Urban Plan and its Climate Strategy (PAESC).
Proposed EIB finance (Approximate amount)
EUR 50 million
Total cost (Approximate amount)
EUR 120 million
The compliance with the relevant EU Directives will be verified during appraisal: Directive 2014/52/EU amending the EIA Directive 2011/92/EU, EU SEA Directive 2001/42/EC, EU Habitats Directive 92/43/EEC and EU Birds Directive 2009/147/EC. For new and refurbished buildings, compliance with EU Directive 2010/31/EU on Energy Performance of Buildings will be further examined during appraisal. The level of climate action (adaptation and mitigation) measures, where relevant, will be assessed during appraisal.
The Bank will require the Promoter to ensure that contracts for implementation of the project will be tendered in accordance with the applicable EU procurement legislation, Directive 2014/23/EU / 2014/24/EU as well as Directive 92/13/EEC or 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.
Approved - 10/11/2021
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).