Release date: 7 June 2011
Promoter – Financial Intermediary
TERNA S.p.A.
Location
Description
The project is a multi component investment programme aimed at reinforcing and extending the electricity transmission infrastructure of Italy. It consists of twenty components geographically dispersed throughout Italy.
Objectives
The main purpose of the project is to promote the development of the electricity transmission network of Italy, support the integration of renewable generation resources, reduce congestion and improve security of supply through the creation of internal transmission capacity, rationalisation and better operation of the existing network.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 325 million
Total cost (Approximate amount)
Up to EUR 810 million
Environmental aspects
Three project components, out of the planned twenty, require Environmental Impact Assessment. The impacts that can be typically expected for them are visual impact, electromagnetic fields, disturbance during construction and impact on flying vertebrates. Experience with previous operations has proven the environmental capability of the promoter.
Procurement
The promoter follows public procurement procedures in accordance with the Directive 2004/17/EC and with the Italian Public Procurement Act (Dlgs. 163/06).
Status
Signed - 25/07/2011
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).