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    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Italy : € 200,000,000
    Energy : € 200,000,000
    Signature date(s)
    15/09/2009 : € 200,000,000

    Summary sheet

    Release date
    19 June 2009
    Status
    Reference
    Signed | 15/09/2009
    20090164
    Project name
    Promoter - financial intermediary
    UBI Banca Energia Rinnovabile FL

    Unione di Banche Italiane – UBI Banca Scpa – and its fully owned subsidiary Centrobanca S.p.A.

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 200 million.
    The Bank’s contribution to the financing will not exceed the usual proportion for this type of project.
    Location
    Sector(s)
    Description
    Objectives

    Framework loan for part-financing various small/medium-scale renewable energy projects in Italy.

    The objective of the project is to support investments in renewable energy and energy efficiency that would contribute to the EU energy and climate change objectives.

    Environmental aspects
    Procurement

    Compliance with EU directives and national regulations concerning environment is required.

    Compliance with EU directives and national regulations concerning procurement is required.

    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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    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.

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    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 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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