EIB ITALY LOAN
February 1st, 2003
BY KEITH NUTHALLTHE EUROPEAN Investment Bank is planning to provide Italy's electricity generator EniPower with a substantial Euro 400 million loan to help design, construct and operate a series of combined cycle gas turbines, which would provide electricity to Italy's national grid, whilst supplying steam to be used by associated industrial sites. Three 390 MWe units funded by the loan would be located inside the petrochemical site in Brindisi. They would link with three existing units, raising the plant's capacity to 1,251 Mwe, and the project would also fund ...
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