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3D Electric powerlines over sunrise

Contract For The Transport of Electricity

We inform our readers that we are able to procure guarantees, even in lieu of the bank, relating to contracts for the electricity transport and connection management on behalf of end customers.

In fact, by resolution no. 609 of 11.12.2015 regarding the CADE 268/2015 / R / EEL shows the elimination of the rating requirement for institutions issuing surety guarantees previously contained in Annex B to resolution no. 268, 6.4.2015. (The reting prevented to most of intervening companies)

Specifically, the resolution in December replaced:

– Paragraph 2.2 point a) with the following wording:
You may pay the distribution company a guarantee in the form of either:

“a. bank or insurance guarantee issued by a bank or insurance Istitito Italian or accredited to operate in Italy in accordance with the law; ”

– The entire paragraph 2.3 with the following wording:
“2.3 The guarantee referred to in paragraph 2.2 point a must contain a clause of enforceability on first request, any exceptions removed”;
It was therefore eliminated all references to the bank or insurance Italian or credited to operate in Italy in possession of judgment referred to in paragraph 4.1 credit rating.