Release date: 16 July 2012
Promoter – Financial Intermediary
DOLOMITI ENERGIA SPALocation
Description
Investments for the upgrading and development of the gas and electricity distribution networks and small hydro power installations in the Trentino Alto Adige region over the period 2012-2016.
Objectives
The project will enable the promoter to cater for demand growth, reduce losses, and to improve the quality and the reliability of electricity and gas supply. It will also contribute to meeting growing electricity demand in Italy using domestic hydropower resources.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 207 million
Environmental aspects
Based on their nature all the projects under this operation are expected to fall under Annex II of the EIA Directive, leaving it to the national competent authorities to decide whether an EIA is required. Environmental impacts are generally expected to be low and mostly limited to the construction phase. The promoter's capacity and procedures will be reviewed during appraisal so as to ensure compliance with the relevant environmental and biodiversity regulations.
Procurement
The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/18/EEC/ or 2004/17/EEC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate.
Status
Signed - 31/10/2012
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).