Contribute Information
Can you contribute information about this project?
Contact the EWS Team
According to the Bank’s website, the project consists of a Framework loan to support a series of energy efficiency projects – such as heat pumps in buildings, public lighting and district heating – and renewable energy initiatives – including photovoltaic (PV) plants and onshore wind farms – to be developed by Edison during the period 2025 to 2028.
The aim is to support renewable energy and energy efficiency investments in Italy, contributing to the achievement of renewable energy, energy efficiency and decarbonisation targets in Italy and in the European Union. In addition, the project will deliver health benefits through improved air quality and positive social impact through job creation.
EIB's intervention will take the form of a framework loan to Edison, a well-known Promoter of EIB, to support renewable energy and energy efficiency projects in Italy.
According to the Environmental and Social Data Sheet, Edison will be required to verify that none of the schemes has a significant adverse impact on any site forming part of the EU Natura 2000 network (falling under Habitats Directive 92/43/EEC or Birds Directive 2009/147/EC). Schemes with significant negative impacts on areas with high biodiversity value, nature conservation areas, including bird migration routes, shall not be eligible.
Overall, the sub-projects are expected to have limited negative environmental impacts.
Edison is a leading energy company, which started operations in Milan in December 1883. Today Edison employs over 6 000 people, operating in Italy and Europe in renewable and low-carbon production, natural gas procurement and sales, sustainable mobility, and through Edison Energia and Edison Next in energy, environmental and value-added services for customers, companies, territories and public administration. Edison has a highly flexible and efficient power generation fleet, consisting of 250 power plants including hydroelectric, wind, solar and high-efficiency gas-fired combined-cycle thermoelectric power plants with a total capacity of about 8 GW; and supplies the country with liquid natural gas (LNG) and natural gas, thanks to a large and highly diversified portfolio of 14 billion m3 per year and three LNG carriers.
| Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
|---|---|---|---|---|---|---|
| - | - | - | - | Edson SPA | Client | - |
Contact: Lorenzo Squintani
Email: l.squintani@eib.org
Phone: +352437982528
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.eib.org/en/infocentre/registers/request-form/request-form-default.htm
ACCOUNTABILITY MECHANISM OF EIB
The EIB Complaints Mechanism is designed to facilitate and handle complaints against the EIB by individuals, organizations or corporations affected by EIB activities. When exercising the right to lodge a complaint against the EIB, any member of the public has access to a two-tier procedure, one internal - the Complaints Mechanism Office - and one external - the European Ombudsman. A complaint can be lodged via a written communication addressed to the Secretary General of the EIB, via email to the dedicated email address: complaints@eib.org, by completing the online complaint form available at the following address: http://www.eib.org/complaints/form via fax or delivered directly to the EIB Complaints Mechanism Division, any EIB local representation office or any EIB staff. For further details, check: http://www.eib.org/attachments/strategies/complaints_mechanism_policy_en.pdf
When dissatisfied with a complaint to the EIB Complaints Mechanism, citizens can then turn towards the European Ombudsman. A memorandum of Understanding has been signed between the EIB and the European Ombudsman establishes that citizens (even outside of the EU if the Ombudsman finds their complaint justified) can turn towards the Ombudsman on issues related to 'maladministration' by the EIB. Note that before going to the Ombudsman, an attempt must be made to resolve the case by contacting the EIB. In addition, the complaint must be made within two years of the date when the facts on which your complaint is based became known to you. You can write to the Ombudsman in any of the languages of the European Union. Additional details, including filing requirements and complaint forms, are available at: http://www.ombudsman.europa.eu/atyourservice/interactiveguide.faces
