Release date: 28 March 2025
Promoter – Financial Intermediary
BRIANZACQUE SRLLocation
Description
The project concerns BRIANZACQUE SRL's 2025-2029 water and wastewater investment programme, aimed at improving system resilience through interconnections of the water distribution networks, new water sources, and leakage reduction as well as optimisation of existing sewerage treatment facilities.
Objectives
The aim is to continue support the promoter's investments (e.g. water and wastewater treatment plants, networks and pumping stations) in the Italian region of Lombardy, Province of Monza and Brianza.
Sector(s)
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
Proposed EIB finance (Approximate amount)
EUR 46 million
Total cost (Approximate amount)
EUR 100 million
Environmental aspects
The promoter's capacity concerning the environmental and social aspects will be assessed during appraisal. The above-mentioned facilities are likely to fall under Annex II of the environmental impact assessment (EIA) Directive 2011/92/EU (amended by EIA Directive 2014/52/EU), SEA Directive (2001/42/EC), Habitats Directive (92/43/EEC) and Birds Directive (2009/147/EC). The project is expected to bring substantial public health and environmental benefits by improving access to safe and resilient water services, lowering greenhouse gas emissions from reduced water losses and making a more rational use of water resources and protection of local groundwater. Additionally, it will contribute to climate action and environmental sustainability (CA&ES) objectives, in particular to climate adaptation, and sustainable use and protection of water and marine resources.
Procurement
The promoter shall ensure that contracts for the implementation of the Project will be tendered in accordance with the applicable EU procurement legislation Directives 2014/23/EU, 2014/24/EU or 2014/25/EU, where applicable, as well as Directives 92/13/EEC and 89/665/EEC 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
Under appraisal
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).