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EIB invests €120m into Italian grid modernisation
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EIB invests €120m into Italian grid modernisation
Image courtesy EIB The European Investment Bank (EIB) and multi-utility company AGSM AIM have signed a finance contract totalling €120 million ($140.7 million) to strengthen and modernise the power grid in the Italian municipalities of Vicenza, Verona and Grezzana. The financing, which can be used all at once or split into tranches, will be directed to projects improving the grid’s operational efficiency, resilience and sustainability. AGSM AIM …
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