Italy Project Notice - IREN ELECTRIC NETWORK UPGRADE


Project Notice

PNR 58932
Project Name IREN ELECTRIC NETWORK UPGRADE
Project Detail Financing of 2023-2027 investments in electricity distribution networks. Objectives The project consists of a programme including several investments in maintenance, renewal and development of the electricity distribution grids, as well as installation of new smart meters in the municipalities of Turin, Parma and Vercelli located in North-Western Italy (Piemonte and Emilia Romagna Regions). The planned investments are aimed to increase the capacity of the distribution network, maintain or increase its reliability and security of supply, and address the need for renewal of existing assets and planned developments, including advanced automation, tele-control and smart metering. Sector(s) Energy - Electricity, gas, steam and air conditioning supply Proposed EIB finance (Approximate amount) EUR 200 million Total cost (Approximate amount) EUR 328 million
Funded By European Investment Bank (EIB)
Sector Energy & Power
Country Italy , Southern Europe
Project Value EUR 32,800,000

Contact Information

Company Name European Investment Bank (EIB)
Web Site https://www.eib.org/en/projects/pipelines/all/20230625

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