Release date: 17 February 2021
Promoter – Financial Intermediary
Framework loan to support a pipeline of energy efficiency projects in Italy, mainly in residential buildings.
By supporting energy efficiency investments in Italy, mainly the renovation of condominium buildings, the project will reduce carbon and air pollution, deliver health benefits through improved air quality and positive social impact through job creation and an improvement of the purchasing power of EU households.
- Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 150 million
Total cost (Approximate amount)
EUR 200 million
The project is in line with the Bank's priority lending objectives for energy efficiency (EE) and renewable energy (RE) and supports the Climate Action objective (100%). Given the scale, location and nature of the sub-projects in built-up urban areas an environmental impact assessment (EIA), as defined under the EIA Directive 2014/52/EU, amending the 2011/92/EU, is normally not required.
No procurement issues.
Signed - 15/06/2021
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).