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Reference: 20080115
Release date: 4 November 2008

Promoter – Financial Intermediary

Banca Infrastrutture Innovazione e Sviluppo S.p.A. and Banca Prossima S.p.A., in co-debtorship with its parent bank Intesa Sanpaolo S.p.A.

Location

Description

The present GL will be specifically earmarked (at least 70% of the facility amount) for infrastructure investments in the environment sector, including renewable energies, water, waste treatment and urban environment. The remaining part of the facility could be utilised also to support other energy initiatives and human capital projects (education and health).

Objectives

The present GL will be specifically earmarked (at least 70% of the facility amount) for infrastructure investments in the environment sector, including renewable energies, water, waste treatment and urban environment. The remaining part of the facility could be utilised also to support other energy initiatives and human capital projects (education and health).

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 400 million.

Total cost (Approximate amount)

EIB credit line will cover up to 50% of total project costs, in line with standard credit line rules.

Environmental aspects

Complying with EU and national legislation on environmental protection.

Procurement

Complying with applicable EU and national procurement procedures.

Status

Signed - 30/12/2008

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).

Related tags

Italy Credit lines