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    Signature(s)

    Amount
    € 55,000,000
    Countries
    Sector(s)
    Portugal : € 55,000,000
    Water, sewerage : € 749,925
    Transport : € 3,850,000
    Solid waste : € 5,546,475
    Energy : € 11,935,000
    Industry : € 32,918,600
    Signature date(s)
    21/12/2018 : € 749,925
    21/12/2018 : € 3,850,000
    21/12/2018 : € 5,546,475
    21/12/2018 : € 11,935,000
    21/12/2018 : € 32,918,600

    Summary sheet

    Release date
    27 July 2018
    Status
    Reference
    Signed | 21/12/2018
    20170480
    Project name
    Promoter - financial intermediary
    ENERGY AND ENVIRONMENTAL SUSTAINABILITY PROJECT
    SONAE MC SGPS SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 55 million
    EUR 128 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    • Solid waste - Water supply; sewerage, waste management and remediation activities
    • Water, sewerage - Water supply; sewerage, waste management and remediation activities
    • Industry - Water supply; sewerage, waste management and remediation activities
    • Industry - Construction
    • Transport - Transportation and storage
    Description
    Objectives

    The project concerns the investment programme of Sonae in the following areas: (i) Energy; (ii) Water; (iii) Food waste reduction and recovery; and (iv) environmental performance.

    The proposed project has three main goals: (i) reinforce the operational sustainability level, (ii) promote efficient energy consumption, and (iii) promote food waste reduction and recovery.

    Environmental aspects
    Procurement

    The Bank will require that projects financed under this operation comply with applicable domestic and EU legislation, as appropriate.

    The Promoter has been assessed by EIB as being a private company not operating in the utilities sector and not having a status of a contracting entity, thus not being subject to EU rules on public procurement. However, if after the project appraisal, the EIB were to conclude that the promoter is after all subject to EU public procurement legislation (i.e. Directive 2004/17/EC), then the Bank would require the promoter to ensure that contracts for the implementation of the project have been/will be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2004/17/EC and Directive 92/13/EEC), with publication of tender notices in the EU Official Journal, as and where required.

    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) - ENERGY AND ENVIRONMENTAL SUSTAINABILITY PROJECT
    Publication Date
    13 Nov 2018
    Document language
    Main Topic
    Lending
    Document Number
    82254174
    Document Focus
    Environmental Information
    Project Number
    20170480
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - ENERGY AND ENVIRONMENTAL SUSTAINABILITY PROJECT
    Publication Date
    27 Nov 2024
    Document language
    Main Topic
    Lending
    Document Number
    216989489
    Document Focus
    Environmental Information
    Project Number
    20170480
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - ENERGY AND ENVIRONMENTAL SUSTAINABILITY PROJECT
    Publication Date
    16 Nov 2018
    Document Language
    English
    Main Topic
    lending
    Document Number
    87220194
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20170480
    Last update
    16 Nov 2018
    Sector(s)
    Energy, Solid waste, Water, sewerage, Industry, Transport
    Countries
    Portugal
    Publicly available
    Download now

    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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