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    Signature(s)

    Amount
    € 400,000,000
    Countries
    Sector(s)
    Italy : € 400,000,000
    Energy : € 400,000,000
    Signature date(s)
    11/10/2019 : € 50,000,000
    11/10/2019 : € 100,000,000
    11/12/2017 : € 250,000,000

    Summary sheet

    Release date
    15 September 2017
    Status
    Reference
    Signed | 11/12/2017
    20170414
    Project name
    Promoter - financial intermediary
    ITALIAN MEDIUM SIZED RENEWABLES FRAMEWORK LOAN
    RENEWABLE ENERGY OPERATORS
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 400 million
    EUR 575 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    Framework loan targeting small to medium-sized renewable project schemes throughout Italy, mainly focused on wind but possibly including other renewable energy (RE) sources, such as: geothermal, biomass and solar sources, to be carried out by selected private or public promoters. Most of the identified project schemes are located in convergence regions.

    The project supports EU renewable energy objectives and supports Italy in meeting its commitments with respect to greenhouse gas emission reductions. In addition, most of the investments will also be located in convergence regions.

    Environmental aspects
    Procurement

    The Bank will check that the financial intermediaries have the capacity and the procedures to ensure compliance with national and EU environmental legislation.

    The Bank will review systems and procedures applied by the financial intermediary during appraisal, including making sure that sub-projects are in compliance with the EU Procurement Directives 2014/23/EU, 2014/24/EU. 2014/25/EU, and their transposition into national legislation.

    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) - ITALIAN MEDIUM SIZED RENEWABLES FRAMEWORK LOAN
    Publication Date
    21 Jun 2018
    Document language
    Main Topic
    Lending
    Document Number
    77631040
    Document Focus
    Environmental Information
    Project Number
    20170414
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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