Release date: 5 July 2007
Promoter – Financial Intermediary
Intesa Sanpaolo S.p.A. (rated AA-, Aa3, AA- by S&P’s, Moody’s, Fitch), parent company of the Intesa Sanpaolo Group, and its fully-owned, specialised leasing subsidiary Intesa Leasing S.p.A.Location
Description
Framework loan for part-financing various small/medium-scale renewable energy projects in Italy.
Objectives
The objective of the project is to support investments that reduce the impact of energy production on the environment, and in particular that contribute to combatting climate change.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to Eur 200 million.
Total cost (Approximate amount)
The Bank’s contribution to the financing will not exceed the usual proportion for this type of project. Sub-projects could be eligible for the Climate Change Finance Facility (“CCFF”), which allows financing of up to 75% of sub-projects cost.
Environmental aspects
Compliance with EU directives and national regulations concerning environmental protection is required.
Procurement
Compliance with EU directives and national regulations concerning procurement is required.
Status
Signed - 16/11/2007
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).