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Signature(s)

Amount
€ 1,000,000,000
Countries
Sector(s)
Italy : € 1,000,000,000
Energy : € 1,000,000,000
Signature date(s)
23/07/2018 : € 250,000,000
19/11/2019 : € 250,000,000
28/07/2017 : € 500,000,000
Link to source
Data sheet

Summary sheet

Release date
17 May 2017
Status
Reference
Signed | 01/08/2017
20150201
Project name
Promoter - financial intermediary
OPEN METER
E-DISTRIBUZIONE SPA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 1000 million
EUR 2343 million
Location
Sector(s)
Description
Objectives

Implementation of an advanced electricity metering system throughout E-Distribuzione's concession areas in Italy.

The project concerns the replacement of the remotely manageable electricity meters currently installed in the promoter's concession areas with a more advanced electricity metering system.

Environmental aspects
Procurement

No significant environmental impacts expected. The Bank will evaluate the environmental aspects of the project and will review the relevant promoter's procedures applied to implement the project to ensure that they are in line with EU standards and good industry practice.

The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/17/EC, and 2014/25/EU where applicable, as well as Directive 92/13/EEC), as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

Link to source
Summary sheet

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) - ENEL OPEN METER
Publication Date
8 Sep 2017
Document language
Main Topic
Lending
Document Number
74733446
Document Focus
Environmental Information
Project Number
20150201
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - ENEL OPEN METER
Publication Date
22 Dec 2022
Document language
Main Topic
Lending
Document Number
165049476
Document Focus
Environmental Information
Project Number
20150201
Sector(s)
Regions
Countries
Publicly available
Download now

News & Stories

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
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.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

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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