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    Signature(s)

    Amount
    € 300,000,000
    Countries
    Sector(s)
    Italy : € 300,000,000
    Energy : € 300,000,000
    Signature date(s)
    24/10/2013 : € 300,000,000
    Link to source

    Summary sheet

    Release date
    10 September 2013
    Status
    Reference
    Signed | 24/10/2013
    20130130
    Project name
    Promoter - financial intermediary
    ITALGAS DISTRIBUZIONE II
    ITALGAS SOCIETA ITALIANA PER IL GAS SPA
    SNAM SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 300 million
    EUR 625 million
    Location
    Sector(s)
    Description
    Objectives

    Development and upgrading of the Promoter's gas distribution networks in Southern Italy (Puglia, Calabria and Sicily), replacement of cast iron pipes in Rome, Naples and Venice, upgrading and replacement of meters principally by smart meters.

    The project will enable the Promoter to cater for demand growth, reduce losses, and to improve quality, reliability and efficiency of the gas distribution system. It is also in line with several EU legislative measures promoting smart metering in electricity and gas.

    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 investments under the project are subject to the procurement provisions defined in Directive 2004/17/EC for entities operating in the water, energy, transport and postal services sectors.

    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) - ITALGAS DISTRIBUZIONE II
    Publication Date
    17 Jan 2014
    Document language
    Main Topic
    Lending
    Document Number
    48474524
    Document Focus
    Environmental Information
    Project Number
    20130130
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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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.
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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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