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Signature(s)

Amount
€ 300,000,000
Countries
Sector(s)
Italy : € 300,000,000
Energy : € 300,000,000
Signature date(s)
24/10/2013 : € 300,000,000
Link to source

Summary sheet

Release date
10 September 2013
Status
Reference
Signed | 24/10/2013
20130130
Project name
Promoter - financial intermediary
ITALGAS DISTRIBUZIONE II
ITALGAS SOCIETA ITALIANA PER IL GAS SPA
SNAM SPA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 300 million
EUR 625 million
Location
Sector(s)
Description
Objectives

Development and upgrading of the Promoter's gas distribution networks in Southern Italy (Puglia, Calabria and Sicily), replacement of cast iron pipes in Rome, Naples and Venice, upgrading and replacement of meters principally by smart meters.

The project will enable the Promoter to cater for demand growth, reduce losses, and to improve quality, reliability and efficiency of the gas distribution system. It is also in line with several EU legislative measures promoting smart metering in electricity and gas.

Environmental aspects
Procurement

Current information suggests that the project components will fall under Annex II of the Environmental Impact Assessment Directive (2011/92/EU), requiring the competent authority to determine the need for an EIA in line with the Directive.

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) - ITALGAS DISTRIBUZIONE II
Publication Date
17 Jan 2014
Document language
Main Topic
Lending
Document Number
48474524
Document Focus
Environmental Information
Project Number
20130130
Sector(s)
Regions
Countries
Publicly available
Download now

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