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Signature(s)

Amount
€ 41,600,000
Countries
Sector(s)
Italy : € 41,600,000
Energy : € 41,600,000
Signature date(s)
5/09/2024 : € 3,000,000
5/09/2024 : € 38,600,000
Link to source

Summary sheet

Release date
23 July 2024
Status
Reference
Signed | 05/09/2024
20240088
Project name
Promoter - financial intermediary
VENTO DI VINO GREEN LOAN WIND
BYOM SRL,FABBRICA ENERGIE RINNOVABILI ALTERNATIVE SRL
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 52 million
EUR 70 million
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

The project, an extension of 24 MW wind farm operating since late 2011, concerns the construction and operation of a 45 MW wind farm in Mazara del Vallo (in the province of Trapani, southwestern Sicily, Italy).

The aim is to progress towards the national and EU energy and climate goals, namely decarbonise electricity production in the EU and to decrease the reliance on fossil fuels. Due to its location within an area classified as EIB Cohesion Priority Region, the project also contributes to support less-developed regions.

Environmental aspects
Procurement

This project will generate environmental benefits by supporting an onshore wind farm that helps mitigate climate change. The plant and most of the ancillary infrastructure fall under Annex II of the environmental impact assessment (EIA) Directive 2011/92/EU amended by the Directive 2014/52/EU. Overhead transmission lines for the interconnection of the scheme to the grid, if falling under the Annex I due to their technical characteristics, will be expected to be subject in all cases to an EIA process. The Project is at late stage of development. The Bank will carry out an appraisal of the capacity and capability of the promoter to implement it in line with EIB's environmental and social standards and requirements.

The promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions. However, in the unlikely event that during project appraisal the EIB were to conclude that the promoter is subject to EU public procurement legislation, then the Bank would require the promoter to apply those rules.

Milestone
Under appraisal
Approved
Signed
26 July 2024
5 September 2024
Related projects
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) - VENTO DI VINO WIND
Publication Date
14 Aug 2024
Document language
Main Topic
Lending
Document Number
223812165
Document Focus
Environmental Information
Project Number
20240088
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - VENTO DI VINO WIND - Studio di impatto ambientale
Publication Date
14 Aug 2024
Document language
Main Topic
Lending
Document Number
215329857
Document Focus
Environmental Information
Project Number
20240088
Sector(s)
Regions
Countries
Publicly available
Download now

News & Stories

General enquiries and comments

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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.
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.

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

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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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