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    Reference: 20200508
    Release date: 20 November 2020

    Promoter – Financial Intermediary

    A2A ENERGY SOLUTIONS SRL

    Description

    The project concerns the deployment of an electric vehicle charging (EVC) network in Northern Italy and involves the installation of 1 303 charging stations. The charging infrastructure will consist of 326 Fast Chargers (i.e. 50kW) and 977 Quick Chargers (i.e. 22kW).

    Objectives

    This is a sub-operation of the ELECTRO MOBILITY PL ITALY, a programme that aims to support the Promoters'/borrowers' plans for installing infrastructure for electric vehicle mobility across Italy, contributing to the electrification of transport and therefore to pathways towards decarbonisation.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    not disclosed

    Total cost (Approximate amount)

    EUR 28 million

    Environmental aspects

    Electric vehicle charging (EVC) infrastructure is not subject to environmental impact assessments (EIA) under the EIA Directive. However, the construction of greenfield parking locations where the EVC infrastructure is installed and/or the connections to the grid may be screened under Annex II of the said Directive. In such cases, the Bank requires to be informed of the screening decisions issued by the competent authorities. The Bank reviewed the environmental and social capacity of the Promoter including its organisation, processes and procedures, and deemed them to be good.

    Procurement

    The Promoter is an affiliate company with commercial activities sitting outside the regulated activities of the group. The Promoter does not have the status of a contracting authority or a public undertaking within the meaning of the EU Directives and not operating on the basis of special or exclusive rights in the utilities sector as per the Directive 2014/25/EU. Therefore, the Promoter is not subject to the EU Public Procurement Directives and the operation is considered as an operation in the private sector. The Bank has verified that the Promoter will follow suitable procurement procedures, ensuring an appropriate selection of goods and services offered at competitive price and in a timely manner, satisfying the criteria of economy and efficiency.

    Status

    Approved - 25/11/2020

    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

    Transport