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    Signature(s)

    Amount
    € 300,000,000
    Countries
    Sector(s)
    Italy : € 300,000,000
    Energy : € 300,000,000
    Signature date(s)
    24/11/2010 : € 300,000,000
    Link to source

    Summary sheet

    Release date
    21 September 2010
    Status
    Reference
    Signed | 24/11/2010
    20100381
    Project name
    Promoter - financial intermediary
    TERNA Reti Elettriche III

    TERNA S.p.A.

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 300 million.
    Estimated at EUR 656 million.
    Location
    Sector(s)
    Description
    Objectives

    The project consists of 15 electricity transmission components aimed at reinforcing and extending the Italian national electricity transmission network. Sub-schemes will be implemented over the period 2010-2013 in various regions of the country (Piedmont, Lombardy, Campania, Puglia, Abruzzo, Calabria and Tuscany).

    The main purpose of the project is to improve the reliability of electricity supply, to support the efficient operation of traditional and renewable generation resources, and to reduce transmission congestion.

    Environmental aspects
    Procurement

    Due to their technical characteristics the individual project schemes fall under Annex I or Annex II of the EIA directive. The main impacts (if any) from such investments usually relate to visual impact, electromagnetic fields, disturbance during construction and impact on flying vertebrates and seabed fauna and flora.

    The promoter is subject to the Public Procurement Act of Italy (Dlgs. 163/06) that came into force in 2006 transposing the EU Directive 2004/17/EC on public procurement.

    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).

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