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        SETTORE IDRICO TORINO

        Signature(s)

        Amount
        € 130,000,000
        Countries
        Sector(s)
        Italy : € 130,000,000
        Water, sewerage : € 130,000,000
        Signature date(s)
        16/02/2007 : € 130,000,000

        Summary sheet

        Release date
        21 June 2006
        Status
        Reference
        Signed | 16/02/2007
        20060096
        Project name
        Promoter - financial intermediary
        Settore Idrico Torino
        Società Metropolitana Acque Torino S.p.A.
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Up to EUR 130 million
        Up to EUR 350 million
        Location
        Sector(s)
        Description
        Objectives

        The proposed project consists of the small and medium schemes included in SMAT’s 2005-2010 investment programme.

        The works are aimed at improving water supply service levels, reducing water losses, extending wastewater collection and improving wastewater treatment in line with the standards of EU directives and Italian legislation.

        Environmental aspects
        Procurement

        The overall health and environmental impacts of the project are deemed to be positive. The Bank will require that the Promoter respects the EIA Directives (85/337/EEC and 97/11/EC), if applicable.

        The Bank will require the Promoter to ensure that contracts for the implementation of the project have been and shall be tendered in accordance with the relevant applicable EU procurement legislation.

        Comments

        Environment

        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).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        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.
        Alternatively, the EIB can be contacted through its external offices.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        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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