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Signature(s)

Amount
€ 65,000,000
Countries
Sector(s)
Italy : € 65,000,000
Energy : € 65,000,000
Signature date(s)
24/10/2013 : € 65,000,000
Link to source

Summary sheet

Release date
5 June 2013
Status
Reference
Signed | 24/10/2013
20130179
Project name
Promoter - financial intermediary
RETE GAS INFRASTRUTTURE III
Italy’s main gas transmission company and the largest listed regulated utility in Europe.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 65 million
EUR 165 million
Location
Sector(s)
Description
Objectives

The project concerns the connection of a newly constructed gas transmission pipeline between Zimella and Cervignano d'Adda to around 65 existing large consumers and off-takers in northern Italy (overall length of connections is some 80 km) as well as the removal of old pipeline sections over a total length of around 188 km and the replacement of 4 gas turbines at the Messina compressor station, in order to reduce pollution to ambient air.

Replacement of gas transmission pipelines and related facilities is necessary to maintain and improve service and safety standards in the Italian gas network, and to provide for changes in gas demand and flow patterns in the end-consumer markets. The financing of this project would thus contribute to the security of regional energy supply and to network modernisation for maintaining quality and reliability. Furthermore, 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 components of the project have been subject to an environmental impact assessment that was approved by the competent authority in 2011. The replacement of the Messina compression turbines, within the existing compressor station and without changes in size, did not require an Environmental Impact Assessment (EIA), but a new industrial emission license, which has been granted.

The investments under the project are subject to the procurement provisions defined in Directive 2004/17/EC and its amendments 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 III
Publication Date
17 Jan 2014
Document language
Main Topic
Lending
Document Number
48474253
Document Focus
Environmental Information
Project Number
20130179
Sector(s)
Regions
Countries
Publicly available
Download now
Non-Technical Summary (NTS) - SNAM RETE GAS INFRASTRUTTURE III
Publication Date
17 Jun 2014
Document language
Main Topic
Lending
Document Number
53222372
Document Focus
Environmental Information
Project Number
20130179
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - SNAM RETE GAS INFRASTRUTTURE III
Publication Date
24 Jan 2020
Document language
Main Topic
Lending
Document Number
123168747
Document Focus
Environmental Information
Project Number
20130179
Sector(s)
Regions
Countries
Publicly available
Download now

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