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    Signature(s)

    Amount
    € 65,000,000
    Countries
    Sector(s)
    Italy : € 65,000,000
    Energy : € 65,000,000
    Signature date(s)
    24/10/2013 : € 65,000,000
    Link to source

    Summary sheet

    Release date
    5 June 2013
    Status
    Reference
    Signed | 24/10/2013
    20130179
    Project name
    Promoter - financial intermediary
    RETE GAS INFRASTRUTTURE III
    Italy’s main gas transmission company and the largest listed regulated utility in Europe.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 65 million
    EUR 165 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the connection of a newly constructed gas transmission pipeline between Zimella and Cervignano d'Adda to around 65 existing large consumers and off-takers in northern Italy (overall length of connections is some 80 km) as well as the removal of old pipeline sections over a total length of around 188 km and the replacement of 4 gas turbines at the Messina compressor station, in order to reduce pollution to ambient air.

    Replacement of gas transmission pipelines and related facilities is necessary to maintain and improve service and safety standards in the Italian gas network, and to provide for changes in gas demand and flow patterns in the end-consumer markets. The financing of this project would thus contribute to the security of regional energy supply and to network modernisation for maintaining quality and reliability. Furthermore, increasing penetration of gas in all sectors will displace less efficient and more polluting sources of energy, thereby contributing to European Community objectives of rational use of energy and environmental protection.

    Environmental aspects
    Procurement

    The pipeline components of the project have been subject to an environmental impact assessment that was approved by the competent authority in 2011. The replacement of the Messina compression turbines, within the existing compressor station and without changes in size, did not require an Environmental Impact Assessment (EIA), but a new industrial emission license, which has been granted.

    The investments under the project are subject to the procurement provisions defined in Directive 2004/17/EC and its amendments 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) - SNAM RETE GAS INFRASTRUTTURE III
    Publication Date
    17 Jan 2014
    Document language
    Main Topic
    Lending
    Document Number
    48474253
    Document Focus
    Environmental Information
    Project Number
    20130179
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - SNAM RETE GAS INFRASTRUTTURE III
    Publication Date
    17 Jun 2014
    Document language
    Main Topic
    Lending
    Document Number
    53222372
    Document Focus
    Environmental Information
    Project Number
    20130179
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - SNAM RETE GAS INFRASTRUTTURE III
    Publication Date
    24 Jan 2020
    Document language
    Main Topic
    Lending
    Document Number
    123168747
    Document Focus
    Environmental Information
    Project Number
    20130179
    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.
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