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SNAM RETE GAS INFRASTRUTTURE II

Signature(s)

Amount
€ 400,000,000
Countries
Sector(s)
Italy : € 400,000,000
Energy : € 400,000,000
Signature date(s)
13/12/2012 : € 100,000,000
18/07/2012 : € 300,000,000
Link to source

Summary sheet

Release date
12 October 2011
Status
Reference
Signed | 18/07/2012
20110118
Project name
Promoter - financial intermediary
Snam Rete Gas Infrastrutture II

Snam Rete Gas S.p.A.

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 300 million
Up to EUR 935 million
Location
Sector(s)
Description
Objectives

Construction and operation of the Zimella - Cervignano pipeline (170 km, DN1400, 75 bar) and of an interconnection plant in Sergnano.

Construction and operation of the Poggio Renatico-Cremona pipeline (149 km, DN1200, 75 bar).

The extension of the gas transmission system is necessary to increase gas flow flexibility in the transport system in the North Western part of Italy. The financing of this project contributes to the Bank’s lending policy on security of energy supply. The new pipelines meet the general criteria for Trans-European Energy Networks (TEN-E) projects of common interest set out under the TEN-E guidelines. Increasing penetration of gas in all sectors will displace less efficient and more polluting sources of energy, thereby contributing to European Community objectives of rational use of energy and environmental protection.

Environmental aspects
Procurement

The pipeline schemes have been subject to environmental assessments as required by the EIA Directive 85/337/EC and amendments. Authorizations were granted by the competent authorities in 2009 for the Poggio Renatico-Cremona pipeline and in 2011 for Zimella - Cervignano pipeline.

The investments under the project are subject to the procurement provisions defined in Directive 2004/17/EC for entities operating in the water, energy, transport and postal services sectors.

Link to source

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).

Documents

Environmental and Social Data Sheet (ESDS) - SNAM RETE GAS INFRASTRUTTURE II
Publication Date
24 Jul 2015
Document language
Main Topic
Lending
Document Number
60521699
Document Focus
Environmental Information
Project Number
20110118
Sector(s)
Regions
Countries
Publicly available
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