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    Signature(s)

    Amount
    € 310,000,000
    Countries
    Sector(s)
    Italy : € 310,000,000
    Energy : € 310,000,000
    Signature date(s)
    26/07/2017 : € 310,000,000

    Summary sheet

    Release date
    12 June 2017
    Status
    Reference
    Signed | 28/07/2017
    20170209
    Project name
    Promoter - financial intermediary
    RETE GAS INFRASTRUTTURE VI
    Italy's main gas transmission company
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 310 million
    EUR 636 million
    Location
    Sector(s)
    Description
    Objectives

    The project comprises part of the promoter's investment programme for 2017-2019, namely 16 individual gas-transmission project schemes spread across Italy. These project schemes include replacement, refurbishment or re-rating of existing gas transmission system assets, installation of odorisation systems for industrial customers and constructing new pipelines with the related connections to extend the transmission network.

    The project will strengthen the gas transmission system, increase capacity to meet the demand, allowing to increase the gas-storage system capacity, and improve system performance, safety, reliability and operational efficiency.

    Environmental aspects
    Procurement

    Based on technical characteristics, location and potential impact of the works included in the programme, and considering the criteria established under the national environmental impact assessment (EIA) legislation, six out of the total of 16 project schemes are subject to environmental impact assessment. Two of them received approvals in 2009 and 2015. The remaining four environmental authorisations are expected in 2017. The identified impact is typical for this type of component and, with the application of appropriate mitigation measures, is expected to be acceptable.

    The investments fall under EU public procurement legislation. The Bank will review with the promoter the proposed procurement procedures and will require the promoter to ensure that contracts for the implementation of the programme have been and will be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2014/25/EU as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender and pre-qualification notices in the Official Journal of the EU, as and where required.

    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 Impact Assessment (ESIA) - SNAM RETE GAS INFRASTRUTTURE VI - Environmental Impact Assessment
    Publication Date
    14 Jul 2017
    Document language
    Main Topic
    Lending
    Document Number
    76027276
    Document Focus
    Environmental Information
    Project Number
    20170209
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - SNAM RETE GAS INFRASTRUTTURE VI - Environmental Impact Study
    Publication Date
    14 Jul 2017
    Document language
    Main Topic
    Lending
    Document Number
    76029451
    Document Focus
    Environmental Information
    Project Number
    20170209
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - SNAM RETE GAS INFRASTRUTTURE VI
    Publication Date
    23 Oct 2017
    Document language
    Main Topic
    Lending
    Document Number
    75888690
    Document Focus
    Environmental Information
    Project Number
    20170209
    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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    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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