Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

Signature(s)

Amount
€ 360,000,000
Countries
Sector(s)
Italy : € 360,000,000
Energy : € 360,000,000
Signature date(s)
19/12/2017 : € 360,000,000
Link to source

Summary sheet

Release date
25 October 2017
Status
Reference
Signed | 19/12/2017
20170690
Project name
Promoter - financial intermediary
ITALGAS NETWORK UPGRADE
ITALGAS RETI SPA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 360 million
EUR 730 million
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

The project is part of the promoter's on-going investment programme to upgrade and extend its gas distribution networks. The project includes (i) pipeline replacements (ii) extension of the networks with the associated connections and metering (iii) installation of smart meters and (iv) other supplementary investments to optimise and increase the efficiency of network management.

The project will contribute to improvements in security, safety and reliability of gas supply. The planned investments are aligned with the requirements of the regulatory framework, and should increase network and community safety, improving reliability and reducing the occurrence of leakages.

Environmental aspects
Procurement

Based on their technical characteristics, the planned gas distribution system investment schemes most likely will not require an Environmental Impact Assessment (EIA). The project schemes are expected to have minimal environmental impact. The typically anticipated impacts are mainly temporary and relate to construction works. These impacts can usually be well managed by appropriate measures taken by the construction company in order to avoid unacceptable nuisance to other parties and the public.

The Bank will require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation, (Directive 2014/24/EU and 2014/25/EU, where applicable, as well as Directive 92/13/EEC and Directive 89/665/EEC) as interpreted by the Court of Justice of the European Union, with the publication of tender notices in the Official Journal of the European Union, as and where required.

Link to source
Other links

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 NETWORK UPGRADE
Publication Date
22 Jan 2018
Document language
Main Topic
Lending
Document Number
79216673
Document Focus
Environmental Information
Project Number
20170690
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - ITALGAS NETWORK UPGRADE
Publication Date
30 Dec 2024
Document language
Main Topic
Lending
Document Number
238828876
Document Focus
Environmental Information
Project Number
20170690
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 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.

Related publications