📋 Tender Overview
Reference: 20230736
Release date: 13 June 2024
Promoter – Financial Intermediary
VIVERACQUA SCARL
Location
Italy
Description
The project will support the 2024-2026 water investment programmes of eight small to medium water utilities in the Italian region of Veneto. Such programmes are based on the investment plans agreed by the water utilities with their local regulator.
Objectives
Through innovative structured financing, the investments will support a large number of activities in the following sectors: i) water supply augmentation; 2) interconnection of water distribution mains; 3) water treatment upgrade; 4) non-revenue water reductions.
Sector(s)
Water, sewerage - Water supply; sewerage, waste management and remediation activities
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 341 million
Environmental aspects
The capacity of the Utility Companies with regards to 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 the 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 from improved access to safe and resilient water services, reduced greenhouse gas emissions from reduced water losses, a more rational use of water resources and protection of local groundwater. The project is expected to contribute to climate action and environmental sustainability (CA&ES) objectives, in particular to climate adaptation, pollution prevention and control, sustainable use and protection of water and marine resources.
Procurement
The EIB requires the Utility Companies to 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.
