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Signature(s)

Amount
€ 95,000,000
Countries
Sector(s)
Italy : € 95,000,000
Energy : € 95,000,000
Signature date(s)
29/10/2013 : € 30,000,000
29/10/2013 : € 65,000,000
Link to source

Summary sheet

Release date
4 March 2013
Status
Reference
Signed | 29/10/2013
20120654
Project name
Promoter - financial intermediary
LINEA GROUP HOLDING POTENZIAMENTO RETI
LINEA GROUP HOLDING SRL
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
EUR 206 million
Location
Sector(s)
Description
Objectives

Upgrading and development of the gas, electricity distribution and district heating networks in selected provinces of the Lombardy and Emilia Romagna regions.

The upgrading and the expansion of the networks are necessary to maintain a safe and reliable service to existing consumers, meet peak demands and to provide for growth in demand. The project will also potentially contribute to increase energy efficiency.

Environmental aspects
Procurement

Current information suggests that the project components will fall under Annex II of the Environmental Impact Assessment Directive (2011/92/EC), requiring the competent authority to determine the need for an EIA in line with the Directive. This will be further assessed during appraisal. On the basis of a preliminary assessment, the environmental impacts of the project are expected to be limited.

The promoter is required to tender works, supplies and services contracts following procurement rules of relevant national and EU legislation, as defined by Directive 2004/17/EC, including publication in the Official Journal of the EU where appropriate.

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) - LINEA GROUP HOLDING POTENZIAMENTO RETI
Publication Date
17 Jan 2014
Document language
Main Topic
Lending
Document Number
47592936
Document Focus
Environmental Information
Project Number
20120654
Sector(s)
Regions
Countries
Publicly available
Download now

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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