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Reference: 20200495
Release date: 21 December 2020

Promoter – Financial Intermediary

SOCIETE GENERALE

Location

Description

Framework loan to support a pipeline of small to medium size projects in the field of renewable energy in Italy.

Objectives

This project aims to contribute to renewable energy targets in Italy and the European Union.

Sector(s)

  • Energy - Electricity, gas, steam and air conditioning supply

Proposed EIB finance (Approximate amount)

EUR 125 million

Total cost (Approximate amount)

EUR 200 million

Environmental aspects

This operation aims at generating environmental benefits by supporting projects that help mitigate climate change. The Bank will assess the capacity and procedures of the Financial Intermediary to ensure compliance with the national and European environmental and biodiversity regulations as well as their capacity to support the Bank's public disclosure policy, which aims to facilitate access by the public to environmentally-relevant information.

Procurement

Final beneficiaries will be requested to comply with applicable national and EU Procurement Directives, as appropriate.

Status

Signed - 9/12/2020

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).

Related tags

Italy Energy