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Summary sheet

Release date
15 April 2020
Status
Reference
Approved | 15/05/2020
20200095
Project name
Promoter - financial intermediary
ELECTRO MOBILITY PL ITALY
ACCEPTABLE CORPORATE(S),PUBLIC ENTITY(IES)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 20 million
EUR 400 million
Location
Sector(s)
Description
Objectives

The project consists of a Programme Loan to support both public and private promoters responsible for roll out of electric vehicles charging infrastructure (EVCs) in Italy. The Programme Loan will also include the deployment of road electric vehicle fleet that are under public service contracts with the exception of Public Transport. The operation will contribute to accelerate the electrification of the road transport sector and make it cleaner.

The project will contribute to accelerate the electrification of road transport, contributing to EU goals outlined in the 2011 Transport White Paper (EC, 2011) and the Strategy for Low-Emission Mobility (EC, 2016). Finally, part of the investment is expected to take place in cohesion regions. The project will contribute to Sustainable Transport, Climate Action and the Bank's Transport lending policy.

Environmental aspects
Procurement

The sub-projects will involve short connections to the distribution grid and the respective charging stations. The environmental impact during construction and operation of the sub-projects will be further assessed at the time of their allocation under the programme loan. EV infrastructure in itself is not subject to environmental impact assessment processes under either Annex I or Annex II of the Environmental Impact Assessment (EIA) Directive. However, the construction of green field parking locations where the EV infrastructure is installed and/or the connections to the grid may be screened in under Annex II. The Bank will require in those cases to be informed of the screening decisions and the procedures followed by the Promoters to ensure compliance with the requirements of the EIA Directive. This will be assessed at sub-project allocation under the programme loan. In addition, the Programme Loan project will contribute to the reduction of CO2 emissions as the electricity used through the EV infrastructure will power electric vehicles. The emission savings result from the replacement of conventional cars operating on fossil fuels with electric cars powered by less carbon intensive electricity.

Promoters may be private and public companies (including companies in the utility sector). Thus the Promoters may be subject to EU rules on public procurement or concessions. If the EIB concludes that the Promoters are subject to EU public procurement legislation then the Bank will require the Promoters to ensure that contracts for the implementation of the sub-projects will be tendered in accordance with the relevant applicable EU procurement legislation Directives 2014/23/EU, 2014/24/EU or 2014/25/EU, where applicable, as well as Directive 92/13/EEC or Directive 89/665/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.

Comments

n/a

Related projects
Related sub-project
Link to source

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) - ELECTRO MOBILITY PL ITALY
Publication Date
3 Jul 2020
Document language
Main Topic
Lending
Document Number
130183302
Document Focus
Environmental Information
Project Number
20200095
Sector(s)
Regions
Countries
Publicly available
Download now
Other links

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Alternatively, the EIB can be contacted through its external offices.
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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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