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According to the Bank’s website, the project will finance the promoter's 2025-2027 investments in water and wastewater infrastructure in the Province of Turin, located in the northern Italian region of Piedmont.
The related components include the extension and rehabilitation of water supply networks, rehabilitation of reservoirs and other related works with the application of best available technologies.
In the area of sanitation and wastewater, the project concerns investments to extend and rehabilitate sewer systems and wastewater treatment plants, among others. Additional project components include the installation of remote-control systems aimed at increasing efficiency in the operation and maintenance of both current and future assets and networks.
The aim of the promoter is to optimise water use, enhance water service quality, and ensure the security of supply in the designated service area.
Some of the project components might be subject to a mandatory Environmental Impact Assessment (EIA) report, including public consultations. The decision of the competent Authorities regarding their EIA will be assessed during appraisal. The above-mentioned facilities are likely to fall under Annex II of the EIA Directive 2011/92/EU amended by the Directive 2014/52/EU, SEA Directive (2001/42/EC), Habitats Directive (92/43/EEC), Water Framework Directive (WFD) 2000/60/EC, Urban Waste Water Treatment Directive, Drinking Water Directive (EU) 2020/2184 and Birds Directive (2009/147/EC). It is expected that the projects will generate significant environmental and public health benefits from reduced discharge of untreated wastewater to environmental bodies because of rehabilitated and upgraded sewer systems and wastewater treatment plants. Investments in water supply networks will result in reduced water losses, and thus a more rational use of increasingly scarce water resources. The full environmental details will however be further examined during appraisal.
Società Metropolitana Acque Torino (SMAT) is a company that operates in the integrated water service sector. The Municipality of Turin directly or indirectly holds 65% of the shares, while most of the remaining shares are held by the other municipalities served by SMAT.
| Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
|---|---|---|---|---|---|---|
| - | - | - | - | SOCIETA METROPOLITANA ACQUE TORINO SPA | Client | - |
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