login
login

Europe Daily Bulletin No. 10666

31 July 2012
Contents Publication in full By article 16 / 25
SECTORAL POLICIES / (ae) energy
EIB loan to Snam for new gas pipelines

Brussels, 30/07/2012 (Agence Europe) - On 27 July, the European Investment Bank (EIB) and the Italian Cassa depositi e prestiti (CDP) approved a 20-year finance contract totalling €400 million for Snam Spa, aimed at supporting the group's multiannual investment programmes. An initial tranche of €300 million, already provided by the EIB, is being deployed, while a second tranche will be made available between now and the end of the year. CDP's Board of Directors also approved an...