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Signature(s)

Amount
€ 1,000,000,000
Countries
Sector(s)
Italy : € 1,000,000,000
Energy : € 1,000,000,000
Signature date(s)
14/11/2013 : € 270,000,000
30/09/2011 : € 350,000,000
25/07/2012 : € 380,000,000
Link to source

Summary sheet

Release date
21 June 2011
Status
Reference
Signed | 30/09/2011
20110200
Project name
Promoter - financial intermediary
ENEL Efficienza Rete III

ENEL Distribuzione S.p.A.

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 1 000 million
Up to EUR 2 700 million
Location
Sector(s)
Description
Objectives

The project consists of investments under the promoter's 2012-2014 business plan aimed to reinforce and extend electricity distribution networks throughout Italy.

The main purpose of the project is to (i) cater for demand growth, (ii) reduce losses and (iii) improve quality and reliability of electricity supply.

Environmental aspects
Procurement

The project schemes are expected to fall under Annex II of the EIA Directive (85/337/EC), leaving it to the national competent authorities to decide whether an EIA would be required. The EIA screening criteria applied by the national competent authority of Italy will be assessed during appraisal.

The Promoter is subject to the Public Procurement Act of Italy (Dlgs. 163/06) that came into force in 2006 transposing the EU Directives on public procurement. The Promoter’s approach to the procurement of works, goods and services will be further evaluated during the appraisal.

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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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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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.

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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 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.

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