📋 Tender Overview
Reference: 20230748
Release date: 1 July 2024
Promoter – Financial Intermediary
SNAM SPA
Location
Italy
Description
The framework loan will support a pipeline of small to medium sized energy efficiency projects, mainly in public buildings and industry, to be implemented by SNAM group in Italy.
Objectives
Through the renovation and energy performance guarantee of residential, healthcare, educational public and private buildings and renewable energy investments, aims to improve energy efficiency, the project will reduce carbon emissions and EU dependency from fossil fuels, decrease environmental impact and air pollution, deliver health benefits through improved air quality and positive social impact through job creation.
Sector(s)
Industry - Construction
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 134 million
Environmental aspects
The project is in line with the EIB's priority lending objectives for energy efficiency (EE) as for the Green Deal Renovation Wave and renewable energy (RE) as for REPowerEU and supports the Climate Action objective (100%). Given the scale, location and nature of the renovation sub-projects in built-up urban areas an environmental impact assessment (EIA), as defined under the EIA Directive 2014/52/EU, amending the 2011/92/EU, is normally not required. Some of the projects may fall under Annex II of the Directive Environmental Impact Assessment (EIA) Directive 2011/92/EU (amended by 2014/52/EU). In those cases, the competent authority needs to screen the projects and determine whether an Environmental Impact Assessment (EIA) is required or not. The project will be appraised and monitored in line with the EIB's policies, including the Environmental and Social Sustainability Framework.
Procurement
The sub-projects involving public buildings will fall under public procurement. The promoter has to ensure that contracts for the implementation of the projects are tendered in accordance with the relevant applicable EU procurement legislation.
Status
Signed - 28/06/2024
