📋 Tender Overview
Reference: 20250051
Release date: 18 July 2025
Promoter – Financial Intermediary
TERNA - NATIONAL ELECTRICITY NETWORK SPA
Location
Italy
Description
The project will finance a submarine direct current high-voltage cable connecting the Marche and Abruzzo regions.
Objectives
The aim is to improve the reliability and security of the network while strengthening renewable generation production capacity along other onshore investments. The project will contribute to EIB’s climate action and environmental sustainability objectives, in particular to climate mitigation, as well as to to the REPowerEU plan. Additionally, it will be implemented in cohesion transition regions.
Sector(s)
Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 1000 million
Total cost (Approximate amount)
EUR 1,634 million
Environmental aspects
Given its technical characteristics, the project does not fall under Annex I nor Annex II of the Environmental Impact assessment (EIA) Directive 2011/92/EU (as amended by Directive 2014/52/EU) and, according to Italian law, will not be subject to a mandatory EIA. The project will run across coastal and marine areas and may result in temporary or permanent impacts on the terrestrial and marine environment through habitat damage or loss, noise, chemical pollution, waste generation, temporary land occupation, dust emissions, heat and electromagnetic field emissions. The level of appropriate mitigation measures to minimise potential impacts will be verified at appraisal. In case of Natura 2000 areas affected, the due diligence will focus on verifying that Authority decisions are duly considered in the implementation of the project. In particular, no marine Natura 2000 areas are affected. The EIB’s Environmental and Social due-diligence will focus on the review of the project’s assessments under the Habitats and Water Framework Directives, as applicable, as well as the associated feedbacks from competent authorities.
Procurement
The promoter shall ensure that any contract for the project implementation will be tendered in accordance with the applicable EU procurement legislation, Directive 2014/23/EU / 2014/24/EU / 2014/25/EU as well as Directive 92/13/EEC or Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.
Status
Signed - 9/07/2025
