Snam Says EIB Approves EUR 264 Mln Financing TO Integrate Biomethane Into Italy’s Gas Network

Snam SpA MIL:SRG:

• EIB APPROVES FINANCING OF 264 MILLION EUROS FOR SNAM

• FIRST TRANCHE OF 140 MILLION EUROS SIGNED TODAY

• PROJECT INCLUDES 240 KM OF NEW PIPELINES FOR THE ITALIAN GAS GRID FOR 12,000 GWH/YEAR