Release date: 23 April 2008
Promoter – Financial Intermediary
The promoter for the project would be Acea Ato2, the subsidiary of the ACEA group that is in charge of water and wastewater related services in Rome and 111 surrounding municipalities.Location
Description
The project covers selected water and wastewater investments from ACEA’s ongoing 5-year investment plan (2007-2012).
Objectives
The proposed project is expected to result in an improvement of the environmental conditions in the province of Rome by providing better water supply and wastewater collection and treatment services.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 200 million
Total cost (Approximate amount)
Estimated at EUR 400 million
Environmental aspects
Compliance with EU Directive 97/11/EC, amending 85/337/EEC, will be verified during appraisal and the status of any environmental studies and public consultations will be reviewed.
Procurement
The Bank will require from the promoter that contracts for the implementation of the project have been or shall be tendered in accordance with relevant EU procurement laws (Dir 93/38, 2004/17/EEC), with publication of tender notices in the EU Official Journal, as and where appropriate.
Status
Signed - 18/07/2008
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).