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    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    Italy : € 50,000,000
    Energy : € 10,000,000
    Services : € 20,000,000
    Transport : € 20,000,000
    Signature date(s)
    27/07/2018 : € 10,000,000
    27/07/2018 : € 20,000,000
    27/07/2018 : € 20,000,000

    Summary sheet

    Release date
    22 February 2018
    Status
    Reference
    Signed | 27/07/2018
    20170899
    Project name
    Promoter - financial intermediary
    ENEL OPEN POWER EV CHARGING NETWORK
    ENEL X SRL
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 115 million
    EUR 232 million
    Location
    Sector(s)
    • Services - Wholesale and retail trade; repair of motor vehicles and motorcycles
    • Energy - Electricity, gas, steam and air conditioning supply
    • Transport - Transportation and storage
    Description
    Objectives

    The project consists of the financing of Enel's Group electric vehicles' charging network throughout Italy over the period 2018-2022.

    The project will support the accelerated deployment of electric vehicles and is expected to contribute to increased energy efficiency and a reduction in the emissions of greenhouse gas (GHG) and other pollutants from motor vehicles.

    Environmental aspects
    Procurement

    The project concerns the installation of charging stations for electric vehicles. The environmental impact is expected to be temporary, related to the construction works and can be mitigated by incorporating appropriate measures in the relevant Environmental Management Plan. No Environmental Impact Assessment is expected to be performed for the project, as it falls outside the EIA Directive 2014/52/EU amending the EIA Directive 2011/92/EU. The actual impacts, including potential negative impacts on sites of Natura conservation importance, and the planned mitigating and/or compensating measures will be reviewed during the appraisal. The project is expected to contribute to increased energy efficiency and a reduction in the emissions of GHG and other pollutants; these aspects will be further reviewed during the appraisal.

    The promoter has been assessed by the EIB as a private company not subject to EU rules on public procurement or concessions. However, if after the project appraisal, the EIB were to conclude that the promoter is after all subject to EU public procurement legislation 2014/25/EU, then the Bank would 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 2014/25/EU as well as Directive 92/13/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.

    Comments

    The project will involve the installation of approximately 14 000 charging stations. The charging infrastructure will consist of 3.7-22 kW (slow, pole-mounted) charging stations and 43-50 kW (multi-standard, fast) charging stations in urban areas and 150-350 kW (ultra-fast) charging stations in extra-urban areas. The promoter's business model considers participation in all the activities of the value chain for electric vehicles charging: technology provider (by designing equipment and developing software to be used in the project), asset owner, charging point operator and mobility service provider.

    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) - ENEL OPEN POWER EV CHARGING NETWORK
    Publication Date
    18 Jul 2018
    Document language
    Main Topic
    Lending
    Document Number
    83790195
    Document Focus
    Environmental Information
    Project Number
    20170899
    Regions
    Countries
    Publicly available
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