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    Reference: 20200495
    Release date: 21 December 2020

    Promoter – Financial Intermediary

    SOCIETE GENERALE

    Location

    Description

    Framework loan to support a pipeline of small to medium size projects in the field of renewable energy in Italy.

    Objectives

    This project aims to contribute to renewable energy targets in Italy and the European Union.

    Sector(s)

    • Energy - Electricity, gas, steam and air conditioning supply

    Proposed EIB finance (Approximate amount)

    EUR 125 million

    Total cost (Approximate amount)

    EUR 200 million

    Environmental aspects

    This operation aims at generating environmental benefits by supporting projects that help mitigate climate change. The Bank will assess the capacity and procedures of the Financial Intermediary to ensure compliance with the national and European environmental and biodiversity regulations as well as their capacity to support the Bank's public disclosure policy, which aims to facilitate access by the public to environmentally-relevant information.

    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU Procurement Directives, as appropriate.

    Status

    Signed - 9/12/2020

    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