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    Reference: 20210643
    Release date: 23 December 2021

    Promoter – Financial Intermediary

    SOCIETA ACQUA LODIGIANA SRL

    Location

    Description

    Investments in water and wastewater infrastructure in the Province of Lodi (Lombardy Region).

    Objectives

    The Project regards the 2022-2025 water and wastewater investment programme of the promoter aimed at ensuring compliance with tighter environmental requirements set by national and EU legislation, notably the Drinking Water Directive 98/83/EC, the EU Urban Wastewater Treatment Directive 91/271/EC as amended by 98/15/EC ("UWWTD") and the Water Framework Directive (2000/60/EC). The project will also contribute to meeting the customer service standards set by the in-house agreement.

    Sector(s)

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

    Proposed EIB finance (Approximate amount)

    EUR 30 million

    Total cost (Approximate amount)

    EUR 61 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 and Directive 89/665/EEC, as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

    Status

    Approved - 26/01/2022

    Related tags

    Italy Water, sewerage