EIB to Supply €100 Million to Snam to Beef up Power Potency

EIB to Supply €100 Million to Snam to Beef up Power Potency

The European Investment Bank (EIB) and Snam have signed a financing agreement for €100 million to support energy improvement projects in public buildings and energy efficiency measures for industrial activities. The framework financing agreement can be used in several tranches over three years. Each tranche will have a maximum total tenor of 15 years.