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    Signature(s)

    Amount
    € 240,000,000
    Countries
    Sector(s)
    Italy : € 240,000,000
    Energy : € 240,000,000
    Signature date(s)
    31/07/2019 : € 105,000,000
    28/01/2019 : € 135,000,000

    Summary sheet

    Release date
    23 November 2018
    Status
    Reference
    Signed | 28/01/2019
    20180208
    Project name
    Promoter - financial intermediary
    SNAM INFRASTRUCTURE UPGRADE
    STOCCAGGI GAS ITALIA SPA,SNAM RETE GAS SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 240 million
    EUR 518 million
    Location
    Sector(s)
    Description
    Objectives

    The project is part of the promoters' investment programme for the 2017-2021 period, in relation to their gas transmission and storage activities spread across Italy. It consists of eight distinct project components, including new pipelines - among these the Trans Adriatic Pipeline (TAP) connection to the national grid - and the reconstruction, replacement and modernisation of existing assets - among these the reconstruction of the gas pipeline between Rimini and Sansepolcro.

    This project will contribute to improved energy security, safety, reliability and gas network operational efficiency in Italy.

    Environmental aspects
    Procurement

    Based on current information, two of the eight project components fall under Annex I of the EU Environmental Impact Assessment (EIA) Directive and will be subject to a full EIA. The remainder project components are such that they fall under Annex II of the EU EIA Directive, leaving it up to the national competent authority, based on Annex III, to decide whether a full EIA is required. The respective environmental authorisations are expected in 2018-2019.

    The investments seem to fall under EU public procurement legislation. The Bank will review with the promoters the proposed procurement procedures and request that contracts for the implementation of the project are tendered in accordance with the relevant applicable EU procurement legislation.

    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 Impact Assessment (ESIA) - SNAM INFRASTRUCTURE UPGRADE - Sintesi Non Tecnica
    Publication Date
    27 Nov 2018
    Document language
    Main Topic
    Lending
    Document Number
    88524640
    Document Focus
    Environmental Information
    Project Number
    20180208
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - SNAM INFRASTRUCTURE UPGRADE - Studio di Impatto Ambientale
    Publication Date
    27 Nov 2018
    Document language
    Main Topic
    Lending
    Document Number
    88525651
    Document Focus
    Environmental Information
    Project Number
    20180208
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - SNAM INFRASTRUCTURE UPGRADE - Sintesi non Tecnica - Rifacimento Metanodotto Rimini - Sansepolcro
    Publication Date
    11 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    90106493
    Document Focus
    Environmental Information
    Project Number
    20180208
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - SNAM INFRASTRUCTURE UPGRADE - Studio di Impatto Ambientale - Rifacimento Metanodotto Rimini Sansepolcro
    Publication Date
    11 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    90111819
    Document Focus
    Environmental Information
    Project Number
    20180208
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - SNAM INFRASTRUCTURE UPGRADE
    Publication Date
    27 Nov 2018
    Document language
    Main Topic
    Lending
    Document Number
    86218470
    Document Focus
    Environmental Information
    Project Number
    20180208
    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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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