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    Signature(s)

    Amount
    € 300,000,000
    Countries
    Sector(s)
    Italy : € 300,000,000
    Energy : € 300,000,000
    Signature date(s)
    29/11/2016 : € 300,000,000

    Summary sheet

    Release date
    12 October 2016
    Status
    Reference
    Signed | 01/12/2016
    20160055
    Project name
    Promoter - financial intermediary
    ITALGAS GAS SMART METERING
    ITALGAS SOCIETA ITALIANA PER IL GAS SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 300 million
    EUR 620 million
    Location
    Sector(s)
    Description
    Objectives

    2017-2020 roll-out of gas smart meters

    The project aims to improve efficiency of the gas distribution system as well as to increase customer information and awareness. The project will allow remote reading and more frequent consumption information, with a potential positive impact on the operation of the networks.

    Environmental aspects
    Procurement

    Based on their technical characteristics, the installation of smart meters and their operational systems do not require environmental impact assessments. The main environmental considerations expected to arise relate to issues around the handling, disposal and storage of large volumes of old gas meters. During appraisal, the promoter's environmental, health and safety procedures will be assessed to determine that they are acceptable and in line with Bank environmental and social (E&S) requirements.

    The Bank will require the promoter to ensure that contracts for the implementation of the project are tendered in accordance with public procurement rules as defined in the relevant applicable EU procurement legislation.

    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 GAS SMART METERING
    Publication Date
    23 Dec 2016
    Document language
    Main Topic
    Lending
    Document Number
    68174589
    Document Focus
    Environmental Information
    Project Number
    20160055
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - ITALGAS GAS SMART METERING
    Publication Date
    23 Dec 2021
    Document language
    Main Topic
    Lending
    Document Number
    149865148
    Document Focus
    Environmental Information
    Project Number
    20160055
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Other links

    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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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