Release date: 28 April 2015
Promoter – Financial Intermediary
A2A SPALocation
Description
Investments in electricity and gas distribution networks for 2016-2019 mainly in the Milan and Brescia areas. Investments in gas networks cover also other areas in Northern Italy (i.e, Bergamo, Lodi, Piacenza, Pavia, Cremona, Alessandria) and in the Abruzzo Region. Investments in public lighting are in Milan and Brescia and will be carried out in 2015 and 2016.
Objectives
The project will enable the beneficiaries to connect new users as well as to maintain or improve the reliability and quality standards of electricity and gas supply.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
EUR 400 million
Environmental aspects
The project will concern the implementation of medium and low-voltage schemes in electricity distribution and medium and low-pressure gas distribution schemes, some of which may require the competent national authority to determine the need for an environmental impact assessment (EIA). The project schemes are expected to have minimal environmental impact.
Procurement
The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/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.
Status
Signed - 23/07/2015
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).