The logos of the European Investment Bank and Italgas. Investing in the future since 1837
ROME - Energy efficiency, innovation and sustainability are at the heart of the new agreement between the European Investment Bank and the Italgas Group. With total financing of €250 million, the plan will support projects across Italy involving buildings, businesses, photovoltaic systems and public lighting. An investment aimed at reducing energy consumption, accelerating the energy transition and strengthening the country’s competitiveness. Here is what the agreement provides for and the benefits it will deliver.
Focus on public and private buildings, SMEs, photovoltaic systems for self-consumption and public lighting
The EIB has provided €250 million to the Italgas Group to promote energy efficiency in Italy. The first tranche of €150 million has been signed, forming part of the wider €250 million financing approved by the EIB. The measure is intended to support a programme of energy efficiency projects across Italy, carried out by companies within the Italgas Group. The focus is on public and private buildings, SMEs, photovoltaic systems for self-consumption and public lighting. This is the ninth operation between the EIB and the Italgas Group, bringing the overall total to €1.9 billion. The European Investment Bank (EIB) has approved a new financing package worth €250 million, with a 15-year term, in favour of the Italgas Group to support energy efficiency projects throughout the country, to be implemented by Geoside and Italgas Properties, respectively the Group’s Energy Service Company (ESCo) and its new property company.
Installation of integrated photovoltaic systems for self-consumption
Today, the parties signed a first tranche of €150 million. The agreement supports a broad portfolio of small and medium-sized projects to be implemented during the 2026–2029 period, including the energy refurbishment of public and private buildings, energy efficiency measures in the industrial sector, the installation of integrated photovoltaic systems for self-consumption and the modernisation of public lighting. According to EIB estimates, the operation will achieve primary energy savings of approximately 30.6 GWh per year and generate 21.5 GWh of primary energy annually from renewable sources, equivalent to the annual electricity consumption of around 8,200 Italian households. This is the second framework loan granted by the EIB to Italgas entirely dedicated to aggregating a large number of investments aimed at improving energy efficiency, as well as the ninth overall operation with the Group.
Gelsomina Vigliotti, Vice-President of the EIB
To date, the total value of EIB loans granted to the Italgas Group exceeds €1.9 billion. The financing helps accelerate the implementation of the investment programme in a context characterised by market volatility, geopolitical tensions and complex trade dynamics. “This agreement strengthens the EIB’s role in supporting large-scale investment programmes in the energy efficiency sector by mobilising resources in a segment characterised by high fragmentation and significant financing needs. The operation makes it possible to channel capital towards projects across the country, helping to improve the sustainability profile of investments while generating long-term environmental and socio-economic returns,” said Gelsomina Vigliotti, Vice-President of the EIB. “Energy efficiency is the most tangible way to reduce consumption without compromising performance, and it delivers immediate benefits in terms of security of supply, competitiveness for businesses and households, and environmental sustainability.
The European Investment Bank (EIB) Group is the financial arm of the European Union
The financing secured from the EIB further strengthens our ability to develop new solutions through an approach based on Geoside’s proprietary technologies and the AI systems developed in-house. Our goal is to create value through energy savings, in the knowledge that the best energy is always the energy that is not consumed,” commented Paolo Gallo, Chief Executive Officer of Italgas. The European Investment Bank (EIB) Group is the financial arm of the European Union, owned by its 27 Member States, and is one of the world’s leading multilateral development banks. In 2025, the EIB Group signed €100 billion in new financing to support more than 870 high-impact projects across eight strategic priorities that contribute to the EU’s policy objectives: climate action and environmental protection, digitalisation and technological innovation, security and defence, cohesion, agriculture and the bioeconomy, social infrastructure, strong global partnerships, and the Savings and Investments Union.
The EIB Group catalyses private investment for businesses and high-risk innovative projects
As far as Italy is concerned, in 2025 the EIB Group signed 105 new financing agreements worth a total of €12.3 billion. In addition to providing long-term loans for the construction of major infrastructure projects, the EIB Group catalyses private investment for businesses and high-risk innovative projects. It also plays an increasingly important role in the European markets for venture debt, venture capital, guarantees and securitisations. The European Investment Fund (EIF) is the EIB Group’s subsidiary specialising in guarantees and equity investments. Its specific mission is to improve access to finance for small and medium-sized enterprises and start-ups across Europe. The EIF acts as an anchor investor, leveraging its extensive network of partner banks and investment funds to mobilise private investment and foster a venture capital ecosystem that supports Europe’s innovative entrepreneurs.
Italgas has become Europe’s leading gas distribution operator
Italgas is a Network Tech Company operating in the gas distribution, water services, energy efficiency and IT sectors. Following the acquisition of 2i Rete Gas, Italgas has become Europe’s leading gas distribution operator, with a network of approximately 155,000 kilometres, 12.7 million customers in Italy and Greece, and around 6,500 employees. Through Nepta, the Group’s parent company in the water sector, it provides services directly and indirectly to 6.3 million people, representing 10% of the Italian population, mainly in the regions of Lazio, Sicily and Campania. Geoside, the Group’s ESCo, manages energy efficiency for residential buildings, public administrations and businesses across Italy. It adopts an innovative approach by leveraging proprietary technologies developed for the Group and Artificial Intelligence applied to its energy management systems.
Questo giornale pubblica anche grazie ai lettori.
Se gli articoli sono stati utili, per sostenere CinqueW News contribuire qui:
Supporto al progetto
Se gli articoli sono stati utili, per sostenere CinqueW News contribuire qui:
Supporto al progetto
- World News