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    Signature(s)

    Amount
    € 70,000,000
    Countries
    Sector(s)
    Italy : € 70,000,000
    Energy : € 70,000,000
    Signature date(s)
    20/06/2013 : € 10,000,000
    20/06/2013 : € 25,000,000
    20/06/2013 : € 35,000,000
    Link to source

    Summary sheet

    Release date
    18 February 2013
    Status
    Reference
    Signed | 20/06/2013
    20120353
    Project name
    Promoter - financial intermediary
    ASCOPIAVE GROUP GAS DISTRIBUTION
    ASCOPIAVE SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 70 million
    EUR 145 million
    Location
    Sector(s)
    Description
    Objectives

    The project is part of the Promoter’s on-going investment programme to upgrade and expand its gas distribution networks in some of its concession areas in the Veneto and Lombardy regions. The investments, comprising mainly network expansion, reinforcement and metering upgrades, are aligned with the requirements of the relevant regulatory framework. The project will allow the Promoter to reinforce and continue developing the distribution networks to meet market growth as well as ensuring that sufficient capacity is available to meet peak demand.

    The project will enable the Promoter to cater for demand growth, reduce losses, and to improve the quality and the reliability of gas supply.

    Environmental aspects
    Procurement

    Current information suggests that the project components will fall under Annex II of the Environmental Impact Assessment Directive (2011/92/EU), requiring the competent authority to determine the need for an EIA in line with the Directive.

    The Promoter tenders works, supplies and services contracts following procurement rules of relevant national and EU legislation, as defined by Directive 2004/17/EC, including publication in the Official Journal of the EU where appropriate.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - ASCOPIAVE GROUP GAS DISTRIBUTION
    Publication Date
    17 Jan 2014
    Document language
    Main Topic
    Lending
    Document Number
    46636310
    Document Focus
    Environmental Information
    Project Number
    20120353
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - ASCOPIAVE GROUP GAS DISTRIBUTION
    Publication Date
    24 Jan 2020
    Document language
    Main Topic
    Lending
    Document Number
    94448280
    Document Focus
    Environmental Information
    Project Number
    20120353
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

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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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