Release date: 23 December 2021
Promoter – Financial IntermediarySOCIETA ACQUA LODIGIANA SRL
Investments in water and wastewater infrastructure in the Province of Lodi (Lombardy Region).
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.
- 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
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.
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.
Approved - 26/01/2022