Press Release: Italy: EUR 500m loan to CDP for Terna

Author (Corporate)
Series Title
Series Details BEI/09/118 (22.06.09)
Publication Date 22/06/2009
Content Type

On 22 June, 2009, the European Investment Bank (EIB) and Cassa depositie prestiti (CDP) signed a contract to finance the four-year plan of Terna, the Italian electricity network manager. Under the agreement, the EIB will make financial resources of up to EUR 500m available to CDP for the electricity group’s 2008-2011 investment programme. This operation completed the CDP loan to Terna that was announced in advance on 2 February.

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