EIB Provides €1.2 Billion For Safer, Greener And More Resilient Motorway Network in Italy

The key objectives of the financing include modernizing and upgrading the nearly 3 000km of Italian motorways managed by ASPI to improve safety and resilience against future extreme weather-related events. At least €800 million of the EIB funds are supported by InvestEU, the European Commission’s investment program, for which the EIB Group is the largest implementing partner.

Out of the €1.2 billion loan, €800 million has a maturity of 15 years, thus aligned with the expiry of ASPI’s concession, and will contribute to the network regeneration program, making it more resilient, including in the event of future climate events. The EIB's commitment also includes a further €400 million to support ASPI's ongoing modernization plan.

On the environmental front, the EIB resources will help promote clean mobility, support the use of alternative energies and the adoption of technological solutions to increase energy savings. In particular, the EIB financing will support the installation of charging stations for electric vehicles, of solar panels, and LED lighting systems across the network managed by ASPI.

The project is aligned with the Climate Bank Roadmap and the EIB's Transport Policy, representing a significant step forward in modernizing the motorway network without expanding its capacity. and adapting it to climate change related challenges. The central TEN-T corridor will directly benefit from this initiative.

Moreover, the operation is expected to generate major economic benefits, contributing creating new jobs throughout the country. The EIB estimates that more than 13 000 people will be employed during the implementation of the project, further consolidating the Bank's commitment to supporting economic growth.