EIB loan Snam €264 million to integrate biomethane into Italy’s gas network

The first tranche of €140 million was signed in the presence of EIB Vice-President Gelsomina Vigliotti and Snam CEO Agostino Scornajenchi.

This financing will enable the construction of 240 km of new gas pipelines dedicated to connecting plants producing biomethane from renewable sources with the national gas transmission network. The new infrastructure will be able to transport up to 12 GWh of energy per year, equivalent to 1.13 billion m³ of biomethane, thus helping to achieve the target set under the National Recovery and Resilience Plan (NRRP), which provides for the production of 5 billion m³ per year by 2030.

The investments financed are aligned with the EU taxonomy and fall within the goals of the European Union’s REPowerEU Plan, which aims to strengthen the security of domestic energy supply by diversifying sources and increasing the share of low-carbon renewable energy.

“This operation demonstrates again the EIB’s key role in supporting energy security and the green transition in Italy. This loan to Snam will help reduce dependence on imported fossil fuels and promote national and European strategic autonomy, in line with the objectives of REPowerEU and the NRRP,” said EIB Vice-President Gelsomina Vigliotti.

“Biomethane is a strategic resource alongside natural gas in the energy integration process, aimed at ensuring current and future security of supply while, at the same time, using local production and fully integrating into the existing network. With this loan we are taking a further step towards strengthening a flexible and efficient gas transmission infrastructure system that can support the growing diversification of sources and contribute to the competitiveness of the system”, said Snam CEO Agostino Scornajenchi.

Read the article online at: https://www.hydrocarbonengineering.com/clean-fuels/29072025/eib-loan-snam-264-million-to-integrate-biomethane-into-italys-gas-network/