Release date: 21 September 2010
Promoter – Financial Intermediary
TERNA S.p.A.
Location
Description
The project consists of 15 electricity transmission components aimed at reinforcing and extending the Italian national electricity transmission network. Sub-schemes will be implemented over the period 2010-2013 in various regions of the country (Piedmont, Lombardy, Campania, Puglia, Abruzzo, Calabria and Tuscany).
Objectives
The main purpose of the project is to improve the reliability of electricity supply, to support the efficient operation of traditional and renewable generation resources, and to reduce transmission congestion.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 300 million.
Total cost (Approximate amount)
Estimated at EUR 656 million.
Environmental aspects
Due to their technical characteristics the individual project schemes fall under Annex I or Annex II of the EIA directive. The main impacts (if any) from such investments usually relate to visual impact, electromagnetic fields, disturbance during construction and impact on flying vertebrates and seabed fauna and flora.
Procurement
The promoter is subject to the Public Procurement Act of Italy (Dlgs. 163/06) that came into force in 2006 transposing the EU Directive 2004/17/EC on public procurement.
Status
Signed - 24/11/2010
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).