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    Summary sheet

    Release date
    18 February 2025
    Status
    Reference
    Approved | 12/03/2025
    20240188
    Project name
    Promoter - financial intermediary
    VENICE AIRPORT RESILIENCE & SUSTAINABILITY PLAN
    SAVE SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 80 million
    EUR 189 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the electrification of airport operations, digitalisation and operational resilience upgrades, under the Venice airport 2021 Masterplan. Related works consist of the implementation of low carbon infrastructure, acquisition of electrical vehicles, upgrade of the electrical network, IT systems (including cybersecurity), waste management, runoff water treatment and other decarbonisation measures.

    The aim is to finance the airport's Roadmap to Net Zero Carbon Emissions, through the electrification of ground handling operations, improvement of operational resilience, maintenance of the highest levels of safety and security, and upgrading the airport's equipment, systems and utilities.

    Environmental aspects
    Procurement

    The airport Masterplan, and therefore the Project components, fall under Annex II of the Directive 2011/92/EU amended by the Directive 2014/52/EU on the assessment of the effects of certain public and private projects on the environment (EIA Directive). As per the concession contract the Masterplan must undergo an EIA procedure and has therefore been screened in by the Competent Authority. Any alignment to this and to other national and EU environmental legislation, including the EU Directive on Energy Performance of Buildings and the status of any pre-existing development consents, will be reviewed and assessed during appraisal.

    The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions. However, if at the project appraisal, the EIB were to conclude that the promoter is subject to the EU public procurement legislation then the European Commission will be duly informed, which will require the promoter to apply those rules.

    Milestone
    Approved
    12 March 2025
    Related projects

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - VENICE AIRPORT RESILIENCE & SUSTAINABILITY PLAN
    Publication Date
    19 Mar 2025
    Document language
    Main Topic
    Lending
    Document Number
    216982600
    Document Focus
    Environmental Information
    Project Number
    20240188
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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