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    Signature(s)

    Amount
    € 129,000,000
    Countries
    Sector(s)
    Italy : € 129,000,000
    Energy : € 129,000,000
    Signature date(s)
    8/09/2015 : € 129,000,000

    Summary sheet

    Release date
    24 June 2015
    Status
    Reference
    Signed | 08/09/2015
    20150015
    Project name
    Promoter - financial intermediary
    GRUPPO HERA RETI E AMBIENTE II
    HERA SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 129 million
    EUR 260 million
    Location
    Sector(s)
    Description
    Objectives

    2015-2019 investments in electricity and gas distribution networks and in public lighting installations

    The main purpose of the project is to upgrade obsolete hardware, to build or upgrade substations, to improve the safety and reliability of electricity and gas supplies, to maintain the quality standards required by the national regulator AEEGSI and to enable the connections of new system users. The project might also comprise the installation of smart meters in gas.

    Environmental aspects
    Procurement

    The project will concern the implementation of medium and low-voltage schemes in electricity and gas distribution schemes, some of which will fall under Annex II of the Environmental Impact Assessment (EIA) Directive (2011/92/EU) which requires the competent national authority to determine the need for an EIA. The project schemes are expected to have minimal environmental impact. The appraisal will include an update of the promoters’ environmental capacity and works procedure. It will be clarified whether any of the project schemes requires an EIA during the appraisal.

    The promoters are well known to the Bank and procurement procedures are expected to be in accordance with Directive 2004/17/EC.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - GRUPPO HERA RETI E AMBIENTE II
    Publication Date
    3 Sep 2015
    Document language
    Main Topic
    Lending
    Document Number
    61156115
    Document Focus
    Environmental Information
    Project Number
    20150015
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - GRUPPO HERA RETI E AMBIENTE II
    Publication Date
    23 Dec 2021
    Document language
    Main Topic
    Lending
    Document Number
    140984691
    Document Focus
    Environmental Information
    Project Number
    20150015
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    General enquiries and comments

    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.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    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.

    Zero tolerance against fraud and corruption

    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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