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Signature(s)

Amount
€ 25,000,000
Countries
Sector(s)
Italy : € 25,000,000
Energy : € 25,000,000
Signature date(s)
6/06/2019 : € 25,000,000
Link to source

Summary sheet

Release date
23 October 2018
Status
Reference
Signed | 06/06/2019
20170496
Project name
Promoter - financial intermediary
SNAM LNG CNG STATIONS
SNAM 4 MOBILITY SPA,SNAM SPA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 25 million
EUR 56 million
Location
Sector(s)
Description
Objectives

The project concerns the development of a network of 110 natural gas refueling stations for Compressed Natural Gas (CNG) and Liquefied Natural Gas (LNG) in Italy.

The project will contribute to a wider European distribution network of CNG and LNG able to push the gradual transition towards a more sustainable refuelling system. The project is in line with EU Directive on Alternative Fuels 2014/94/EU, which has set out minimum requirements for the building-up of alternative fuels infrastructure, including refuelling points for natural gas (CNG and LNG). Half of the refuelling stations are expected to be located along the Trans-European Transport Network (TEN-T) Corridor in Italy and part of the deployed network will be located within the cohesion priority regions of Italy.

Environmental aspects
Procurement

The project components consist of short connections to the distribution networks and the respective fuelling stations. The stations are using proven technologies. They are expected to have limited environmental impact, which will typically be related to noise nuisance and disturbance during construction and, for a large part of them, to the industrial risks of works implemented on existing fuelling stations. The project components fall under Annex II of Directive 2011/92/EU as amended by 2014/52/EU. The project is not expected to negatively affect the local environment and is thus not expected to require an Environmental Impact Assessment (EIA). However, it is required the project is screened by the respective national authorities for environmental impact including the impact on sensitive areas, which include nature conservation sites. The main benefits of the project are expected on air quality and pollutant emissions with significant reductions of sulphur, particle matter and Nitrogen Oxide (NOx).

The promoter has been assessed by the EIB as being a private company sitting outside regulated activity of its parent company and hence not being subject to EU rules on public procurement or concessions. However, if after the project appraisal, the EIB were to conclude that the promoter is after all subject to EU public procurement legislation Directive 2014/25/EU or 2004/17/EC, where applicable, then the Bank would require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation 2014/25/EU or 2004/17/EC, where applicable, as well as Directive 92/13/EEC as interpreted by the Court of Justice of the EU, with the publication of tender notices in the Official Journal of the EU, as and where required.

Link to source
Summary sheet
Other links

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 LNG CNG STATIONS
Publication Date
21 Dec 2018
Document language
Main Topic
Lending
Document Number
80794062
Document Focus
Environmental Information
Project Number
20170496
Sector(s)
Regions
Countries
Publicly available
Download now
Other links

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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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