ITALIAN AIRPORTS RESILIENCE&SECURITY UPGRADE PL

Promoter – Financial Intermediary

ACCEPTABLE CORPORATE(S)

Location

• Italy

Description

The project aims at financing the investments promoted by Italian airports operators. The location of the sub-projects is expected to take place in the Trans-European Transport Network (TEN-T) airports in the cities of Bergamo, Florence, Rome, Milan, Rome and Verona.

Objectives

The aim is to improve operational resilience by upgrading the airports accessibility, safety and security, equipment, systems and utilities. The related investments also concern energy efficiency measures, infrastructure rehabilitation and retrofitting.

Sector(s)

• Transport - Transportation and storage

Proposed EIB finance (Approximate amount)

EUR 250 million

Total cost (Approximate amount)

EUR 500 million

Environmental aspects

The need for an Environmental Impact Assessment (EIA) will be assessed on a case-by-case basis, since the sub-projects will be implemented at different locations. A number of components included in the sub-projects may fall under Annex I or Annex II of the EIA Directive 2011/92/EU (amended by the EIA Directive 2014/52/EU), meaning that it is up to the Competent Authority to decide whether a formal EIA is required or not. 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.

Procurement

The EIB will require the promoters to ensure that contracts for the implementation of the sub-projects have been / will be tendered in accordance with the applicable EU procurement legislation as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

Status

Approved - 29/03/2023