Release date: 21 June 2011
Promoter – Financial Intermediary
ENEL Distribuzione S.p.A.
Location
Description
The project consists of investments under the promoter's 2012-2014 business plan aimed to reinforce and extend electricity distribution networks throughout Italy.
Objectives
The main purpose of the project is to (i) cater for demand growth, (ii) reduce losses and (iii) improve quality and reliability of electricity supply.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 1 000 million
Total cost (Approximate amount)
Up to EUR 2 700 million
Environmental aspects
The project schemes are expected to fall under Annex II of the EIA Directive (85/337/EC), leaving it to the national competent authorities to decide whether an EIA would be required. The EIA screening criteria applied by the national competent authority of Italy will be assessed during appraisal.
Procurement
The Promoter is subject to the Public Procurement Act of Italy (Dlgs. 163/06) that came into force in 2006 transposing the EU Directives on public procurement. The Promoter’s approach to the procurement of works, goods and services will be further evaluated during the appraisal.
Status
Signed - 30/09/2011
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).