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    Signature(s)

    Amount
    € 75,000,000
    Countries
    Sector(s)
    Italy : € 75,000,000
    Energy : € 75,000,000
    Signature date(s)
    11/03/2021 : € 75,000,000

    Summary sheet

    Release date
    9 October 2020
    Status
    Reference
    Signed | 11/03/2021
    20170037
    Project name
    Promoter - financial intermediary
    ENI RENEWABLE ENERGY GENERATION PHASE II
    ENI SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 75 million
    EUR 151 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project concerns a Framework Loan (FL) for the implementation of a number of renewable energy (RE) plants (solar photovoltaic (PV) and onshore wind) schemes in Italy, promoted by ENI.

    The operation contributes to the EU-wide target of 32% of energy from renewable sources in gross final energy consumption (RES) by 2030 as set out in the EU RE Directive (Directive (EU) 2018/2001). It further contributes to the national renewable energy targets laid out in Italy's Integrated National Energy and Climate Plan (NECP). In addition, the majority of investments will also be located in convergence regions.

    Environmental aspects
    Procurement

    The Bank will assess and, if needed, will reinforce the Promoter's capacity to appraise sub-schemes for compliance with national regulations and EU environmental and biodiversity requirements, specifically Habitats and Birds Directives (92/43/EEC and 2009/147/EC respectively), as well as its capacity to support the Bank's Public Disclosure Policy, which aims at facilitating access by the public to environmentally relevant information.

    The Bank will require that the Promoter ensure that contracts for the implementation of the project have been / will be tendered in accordance with the relevant applicable EU procurement legislation, 2014/25/EU as well as Directive 92/13/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

    Comments

    N/A

    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) - ENI RENEWABLE ENERGY GENERATION PHASE II
    Publication Date
    11 Dec 2020
    Document language
    Main Topic
    Lending
    Document Number
    130778482
    Document Focus
    Environmental Information
    Project Number
    20170037
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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