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    Signature(s)

    Amount
    € 90,000,000
    Countries
    Sector(s)
    Italy : € 90,000,000
    Energy : € 90,000,000
    Signature date(s)
    27/07/2016 : € 90,000,000

    Summary sheet

    Release date
    4 May 2016
    Status
    Reference
    Signed | 27/07/2016
    20160140
    Project name
    Promoter - financial intermediary
    TOSCANA ENERGIA GAS NETWORK & METERING
    TOSCANA ENERGIA SPA, TOSCANA ENERGIA SPA, a local multi-utility group in charge of the management and operation of the gas distribution and production of electricity from renewable sources.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 70 million
    EUR 140 million
    Location
    Sector(s)
    Description
    Objectives

    Replacement, upgrading and extension of the promoter's gas distribution network and installation of smart metering systems throughout the network, largely located in the Tuscany region

    The project should increase network and community safety, improving reliability and reducing the occurrence of leakages. The installation of smart meters will allow easier access to real-time consumption data, thus potentially enabling better demand management and efficiency gains in network management.

    Environmental aspects
    Procurement

    It is not considered likely that any of the investments will require environmental impact assessments, but this will be reviewed during appraisal.

    The promoter is required to tender works, supplies and services contracts following the 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.

    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) - TOSCANA ENERGIA GAS NETWORK & METERING
    Publication Date
    22 Nov 2016
    Document language
    Main Topic
    Lending
    Document Number
    66784338
    Document Focus
    Environmental Information
    Project Number
    20160140
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - TOSCANA ENERGIA GAS NETWORK & METERING
    Publication Date
    23 Dec 2021
    Document language
    Main Topic
    Lending
    Document Number
    152433803
    Document Focus
    Environmental Information
    Project Number
    20160140
    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.

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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 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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