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    Reference: 20210551
    Release date: 6 September 2021

    Promoter – Financial Intermediary

    ACQUE BRESCIANE SRL

    Location

    Description

    Investments in wastewater infrastructure in the Province of Brescia (Lombardy Region).

    Objectives

    The project concerns the 2021-2023 wastewater investment programme of the Promoter aimed at the upkeep of efficient and sustainable wastewater services and compliance with the environmental requirements set by national and EU legislation.

    Sector(s)

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

    Proposed EIB finance (Approximate amount)

    EUR 45 million

    Total cost (Approximate amount)

    EUR 100 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 and the Water Framework Directive 2000/60/EC, and their contributions to 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 Promoter 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 and/or 2014/24/EU and/or 2014/25/EU, where applicable 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.

    Status

    Approved - 17/11/2021

    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