EIB finances Alperia's energy infrastructure upgrades with up to €345 million

The European Investment Bank (EIB) has agreed to provide up to €345 million in financing to Alperia, an energy company based in South Tyrol, to support a comprehensive investment programme aimed at enhancing sustainable energy infrastructure. The initiative focuses on modernising hydropower facilities, upgrading electricity grids, expanding electric vehicle charging infrastructure, and extending district heating systems.

The programme is designed to reduce carbon dioxide and air pollutant emissions while improving the resilience, security, and reliability of the region's energy supply. A significant portion of the investment targets the refurbishment of major hydropower plants, which collectively generate over 3,000 GWh of electricity annually. This output is equivalent to the annual power consumption of approximately 1.16 million households in Italy.

Alperia will also utilize the financing to upgrade its electricity distribution network, with improvements expected to accommodate around 140 GWh of additional demand and support the deployment of approximately 400 electric vehicle charging stations. The expansion of district heating infrastructure will connect more than 200 additional buildings, contributing to more efficient heat supply and reduced local emissions.

EIB Director General Jean-Christophe Laloux stated that accelerating investment is crucial for energy operators to reduce their environmental footprint and ensure safer, more resilient systems. Alperia CEO Luis Amort added that the financing is a significant endorsement of the company's role in developing efficient, secure, and sustainable energy infrastructure for the region.