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Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Italy : € 200,000,000
Energy : € 200,000,000
Signature date(s)
31/05/2004 : € 100,000,000
29/09/2005 : € 100,000,000
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Summary sheet

Release date
28 July 2004
Status
Reference
Signed | 31/05/2004
20030392
Project name
Promoter - financial intermediary
ASM Brescia Produzione
ASM Brescia SpA, a Municipal operator providing energy, water and waste services mainly in the town and surrounding province of Brescia in northern Italy (Lombardy region).
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 200 m.
About EUR 400 m.
Location
Sector(s)
Description
Objectives

Investments for conversion to Combined Cycle Gas Turbine (CCGT) operation of existing oil-fired electricity generating plant at Ponti sul Mincio and the construction of a new CCGT plant at Gissi.

To improve the energy efficiency of generating capacity and to reduce specific atmospheric emissions.

Environmental aspects
Procurement

Project investments at Ponti sul Mincio are designed to improve the efficiency of electricity production and hence to reduce energy losses and atmospheric emissions. Efficiency improvements are substantial for CCGT conversions since energy efficiency will increase from a present 40% to over 55%. Following EU Directives and national legislation, national authorities issued authorisations for the upgrade of the plant at Ponti sul Mincio within the scope of existing permits taking also into account the reduction of specific atmospheric emissions. Permits for the plant at Gissi were issued following a full EIA procedure.

The promoter’s procurement procedures comply with the relevant EU and national legislation.

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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).

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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.

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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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