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    Reference: 20160053
    Release date: 30 May 2016

    Promoter – Financial Intermediary

    DOLOMITI ENERGIA HOLDING SPA

    Location

    Description

    Investments in the modernisation, upgrade and development of the electricity and gas distribution networks, as well as small hydropower facilities in the autonomous province of Trento over the period 2017-2020

    Objectives

    The overall purpose of the programme is to modernise the electricity and gas networks, as well as small hydropower facilities, in order to secure the electricity supply, the quality of the service and to cater for new system user.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 100 million

    Total cost (Approximate amount)

    EUR 180 million

    Environmental aspects

    The project will concern the implementation of electricity distribution schemes, some of which may require the competent national authority to determine the need for an environmental impact assessment (EIA). For electricity distribution, the main impact that can be typically expected for the programme relates to noise nuisance and disturbance during construction, vegetation clearance, visual impact, and electromagnetic fields, as well as on flying vertebrates. For gas projects and hydropower projects, the environmental impact is expected to be low.

    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 (Directives 2004/18/EC, or 2014/24/EU where applicable, and/or 2004/17/EC, or 2014/25/EU where applicable, and/or 2014/23/EU where applicable, as well as Directives 89/665/EEC and 92/13/EEC), as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

    Status

    Signed - 22/10/2016

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Italy Energy