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    Signature(s)

    Amount
    € 105,000,000
    Countries
    Sector(s)
    Italy : € 105,000,000
    Energy : € 105,000,000
    Signature date(s)
    22/03/2013 : € 25,000,000
    21/12/2012 : € 80,000,000

    Summary sheet

    Release date
    9 November 2012
    Status
    Reference
    Signed | 21/12/2012
    20120352
    Project name
    Promoter - financial intermediary
    AGSM VERONA NETWORKS & RENEWABLES
    AZIENDA GENERALE SERVIZI MUNICIPALI DI VERONA SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 94 million
    EUR 160 million
    Location
    Sector(s)
    Description
    Objectives

    The project is part of the Promoter’s on-going investment programme to upgrade and expand its gas and electricity distribution networks in its concession areas, in the Veneto region. The Promoter is also planning several investments in the renewable energy sector.

    The project will enable the Promoter to cater for demand growth, reduce losses, and to improve the quality and the reliability of electricity and gas supply. It will also contribute to increasing the share of renewable energy in the electricity production using domestic hydro and wind resources.

    Environmental aspects
    Procurement

    Current information suggests that the project components will fall under Annex II of the Environmental Impact Assessment Directive (85/337/EEC as amended in 1997 and 2003), requiring the competent authority to determine the need for an EIA in line with the Directive. This will be further assessed during appraisal.

    The Promoter is required to tender works, supplies and services contracts following procurement rules of relevant national and EU legislation, as defined by Dir. 2004/17/EC and Dir. 2007/66/EC, including publication in the EU Official Journal where appropriate.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - AGSM VERONA NETWORKS & RENEWABLES
    Publication Date
    5 May 2015
    Document language
    Main Topic
    Lending
    Document Number
    58833356
    Document Focus
    Environmental Information
    Project Number
    20120352
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - AGSM VERONA NETWORKS & RENEWABLES
    Publication Date
    24 Jan 2020
    Document language
    Main Topic
    Lending
    Document Number
    125135664
    Document Focus
    Environmental Information
    Project Number
    20120352
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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