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    Reference: 20120654
    Release date: 4 March 2013

    Promoter – Financial Intermediary

    LINEA GROUP HOLDING SRL

    Location

    Description

    Upgrading and development of the gas, electricity distribution and district heating networks in selected provinces of the Lombardy and Emilia Romagna regions.

    Objectives

    The upgrading and the expansion of the networks are necessary to maintain a safe and reliable service to existing consumers, meet peak demands and to provide for growth in demand. The project will also potentially contribute to increase energy efficiency.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 100 million

    Total cost (Approximate amount)

    EUR 206 million

    Environmental aspects

    Current information suggests that the project components will fall under Annex II of the Environmental Impact Assessment Directive (2011/92/EC), requiring the competent authority to determine the need for an EIA in line with the Directive. This will be further assessed during appraisal. On the basis of a preliminary assessment, the environmental impacts of the project are expected to be limited.

    Procurement

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

    Status

    Signed - 29/10/2013

    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).

    Related tags

    Italy Energy