Release date: 4 December 2023
Promoter – Financial Intermediary
AEROPORTO VALERIO CATULLO DI VERONA VILLAFRANCA SPALocation
Description
The project will finance the operational resilience and safety and security investments under the Verona airport 2015-2030 masterplan. In detail, it concerns: i) the reorganisation and rehabilitation of the aircraft parking apron; ii) the upgrade of the airside area in order to comply with the latest safety and security regulations; iii) the construction of new rescue and firefighting facilities; iv) the reconstruction and upgrade of the baggage handling system to the latest standards.
Objectives
The aim is to improve the operational resilience and the maintenance of the highest safety and security standards at an airport infrastructure belonging to the Trans European Network Transport (TEN-T) network of airports.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 50 million
Total cost (Approximate amount)
EUR 100 million
Environmental aspects
The scope of the project is a part of the airport's development masterplan that was subject to an environmental impact assessment in line with the requirements of the Environmental Impact Assessment (EIA) Directive 2014/52/EU (amending the EIA Directive 2011/92/EC) on the assessment of the effects of certain public and private projects on the environment (EIA Directive). An EIA decision was issued by the Competent Authority.
Procurement
The promoter has been assessed by the EIB as being a public concessionaire not operating in the utilities sector and therefore being subject to comply with the EU Public Procurement Directives. The EIB will require the promoter to ensure that contracts for implementation of the project have been and will be tendered in accordance with the applicable EU procurement legislation, 2014/25/EU as well as Directive 92/13/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
Signed - 23/11/2023
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).