Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Italy
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • European Investment Bank (EIB)
Status: Pending
Bank Risk Rating: U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower or Client: EGEA ENTE GESTIONE ENERGIA E AMBIENTE SPA Location
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Energy
  • Water and Sanitation
Investment Amount (USD): $ 54.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.

Currency conversion note:
Bank reported EUR 50.00 million
Converted using 2016-09-05 exchange rate.
Project Cost (USD): $ 120.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

Currency conversion note:
Bank reported EUR 110.00 million
Converted using 2016-09-05 exchange rate.

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Primary Source

Original disclosure @ EIB website
Updated in EWS: 2017-05-02
Disclosure Date: 2016-09-05
EGEA NETWORKS
EIB-20160241

Project Description
The project is part of a multi-annual investment programme of the promoter's group, focusing on three areas: district heating, water and waste collection. According to bank documents, the main purpose of the project is to develop and optimise the district heating supply services to better serve existing and future demand. The project is expected to reduce CO2 and other pollutants emissions, by replacing individual smaller, fossil-fuel-fired heating boilers in residential and public buildings. The water components aim to improve sustainability and efficiency. Investments in waste management facilities should contribute to improving the waste management system in the service areas of the promoter by improving selective waste collection and increasing the share of municipal waste subject to recovery, treatment and recycling.
Investment Description
Contact Information
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