Release date: 17 May 2017
Promoter – Financial Intermediary
E-DISTRIBUZIONE SPALocation
Description
Implementation of an advanced electricity metering system throughout E-Distribuzione's concession areas in Italy.
Objectives
The project concerns the replacement of the remotely manageable electricity meters currently installed in the promoter's concession areas with a more advanced electricity metering system.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 1000 million
Total cost (Approximate amount)
EUR 2343 million
Environmental aspects
No significant environmental impacts expected. The Bank will evaluate the environmental aspects of the project and will review the relevant promoter's procedures applied to implement the project to ensure that they are in line with EU standards and good industry practice.
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 2004/17/EC, and 2014/25/EU where applicable, as well as Directive 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 - 1/08/2017
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).