Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

Signature(s)

Amount
€ 300,000,000
Countries
Sector(s)
Italy : € 300,000,000
Energy : € 300,000,000
Signature date(s)
1/03/2005 : € 300,000,000
Link to source
Other links
Summary sheet

Summary sheet

Release date
18 January 2005
Status
Reference
Signed | 01/03/2005
20040377
Project name
Promoter - financial intermediary
Terna Reti Elettriche
Terna SpA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 300 m
The project cost is expected to be in the region of EUR 620 m
Location
Sector(s)
Description
Objectives

The proposed operation will support Terna in its investment programme aimed at modernising and increasing capacity in Italy’s electricity transmission network (very high voltage and high voltage). The schemes are expected to be implemented over a 3-year period (2005-2007).

The project pays particular emphasis to the Mezzogiorno region in the south of the country and to links with other European countries (energy TENs) where it aims at increasing the transmission capacity between Italy and its neighbouring countries, in particular Switzerland.

Environmental aspects
Procurement

The environmental impact of the project schemes is expected to be mainly visual. The project will respect the limits on electromagnetic fields set by national legislation, which are in line with EU recommendations. Some of the project schemes are likely to fall under either Annex I or Annex II of Directive 97/11/EC. Investment schemes, which may require, according to their technical characteristics, an EIA represent up to 15% of total project cost. A copy of the Non-Technical Summary (NTS) of any investment requiring a formal EIA must be submitted to the Bank.

The promoter follows EU public procurement procedures in accordance with the Utilities Directive 93/38/EC pending transposition of 2004/17/EC into national law.

Comments

Electricity transmission.

Link to source
Summary sheet
Other links

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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
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.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

Related publications