Global Trade Alert
Global Trade Alert

Italy: EIB grants EUR 49 to Iniziative Bresciane for renewable energy project

Announcement

12 Nov 2021

On 12 November 2021, the EIB provided financing worth EUR 49 million (USD 56 million) to Italian company Iniziative Bresciane for the construction of 12 small hydroelectric plants and the restoration of 13 weirs on the Arno river.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 Nov 2021

Revocation date:

No revocation date

Announced: 12 Nov 2021
State loan In force
On 12 November 2021, the European Investment Bank (EIB) and Iniziative Bresciane - Inbre - Spa signed a loan agreement worth EUR 49 million (approx. USD 56 million) for the project 'Inbre Run of River...
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