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Italy Project Notice - ACEA NETWORK EFFICIENCY IV


Project Notice

PNR 65577
Project Name ACEA NETWORK EFFICIENCY IV
Project Detail The project concerns the promoters investment plan 2024-2027 for the modernisation and extension of the electricity distribution network in the municipality of Rome and Formello. Objectives The aim is to replace obsolete infrastructure with modern and more efficient components to improve the electricity network resilience to climate events, ensure the overall stability and reliability of the distribution system as well as reduce the risk of supply interruptions. Such investments in the electricity network having a long-term economic lifetime will contribute to reduce GHG emissions by enabling the connection on new renewable energy sources, and the electrification of the economy based on low carbon energy, as per EU and national long-term climate and energy policies. Sector(s) Energy - Electricity, gas, steam and air conditioning supply Proposed EIB finance (Approximate amount) EUR 500 million Total cost (Approximate amount) EUR 1232 million
Funded By European Investment Bank (EIB)
Sector Energy & Power
Country Italy , Southern Europe
Project Value EUR 12,320,000,000

Contact Information

Company Name ARETI SPA
Web Site https://www.eib.org/en/projects/pipelines/all/20240176

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