Green Energy Investments in Turin
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Approval date
19 March 2021
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Borrower
IREN SpA
- Country
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Loan size
€ 80 000 000
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Line of action
Inclusive growth
Environmental sustainability -
Status
In progress
A Public sector Financing Facility to partially finance the Borrower’s district heating investment plan for the period 2021-2025 in the metropolitan area of Turin, with the ultimate objective of reducing air pollution.
Final beneficiaries: The inhabitants in the city of Turin and surrounding metropolitan areas.
Environmental and social aspects
The CEB classified the project as category “B” since it required an Environmental and Social Impact Assessment (ESIA) according to applicable national law.