Global Trade Alert
Global Trade Alert

Italy: EIB grants investment support for Snam subsidiaries' natural gas transmission and storage activities

Announcement

28 Jan 2019

In January 2019, the European Investment Bank (EIB) signed a loan agreement with Stoccaggi Gas Italia S.p.A. and Snam Rete Gas S.p.A. The loan will support the companies' investment programme concerning its natural gas transmission and storage activities.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Jan 2018

Revocation date:

No revocation date

Updated: 28 Jan 2019
State loan In force

The European Investment Bank has approved EUR 240 million (approx. USD 274.5 million) in financing to Stoccaggi Gas Italia S.p.A. and Snam Rete Gas S.p.A. On 28 January 2019, the EIB and Stocc...

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