Release date: 4 June 2012
Promoter – Financial Intermediary
Mediocredito Italiano S.p.A., Leasint S.p.A. and Centroleasing S.p.A., part of the Intesa Sanpaolo group.Location
Description
Framework loan to support small to medium scale investments in renewable energy and energy efficiency sectors in Italy.
Objectives
The objective of the project is to support investments in renewable energy and energy efficiency that would contribute to the EU energy and climate action objectives.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
EUR 400 million
Environmental aspects
This operation intends to bring environmental benefits by supporting projects that help mitigate climate change. The individual schemes to be financed would be expected to have limited environmental impacts with no significant negative residual effects. Due to their technical characteristics, the subprojects to be proposed for allocation are likely to fall under Annex II of the EIA Directive. The Bank will assess the promoter’s capacity and procedures to ensure compliance with national and European environmental and biodiversity regulations as well as its capacity to support the Bank's Public Disclosure Policy, which aims at facilitating access by the public to environmentally relevant information.
Procurement
The Bank will review systems and procedures applied by the financial intermediary during appraisal, including promoters with sub-schemes’ are, where applicable, in compliance with the EU Procurement Directive 2004/17/EC and its transposition into national legislation.
Status
Signed - 27/07/2012
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).