UNICREDIT PROVIDES €21.5 MILLION OF FUNDING FOR ELETTRA INVESTMENTS

Clients

Thursday 07 May 2020

07 May 2020

UniCredit continues to demonstrate its support for Italian companies affected by the Covid-19 emergency with €21.5 million of new funding for Elettra Investimenti

2:00 min

Elettra Investimenti is an innovative energy company that focuses on power generation, including from alternative sources, and the management of highly efficient plants for eco-environmental sustainability.

 

The €21.5 million loan –  completed digitally – has been realised partly thanks to the guarantees issued by SACE as part of the Garanzia Italia programme and partly thanks to the issue of a minibond by UniCredit.

 

The funding will be used to support the Elettra’s investment plan for 2020-21. This financing demonstrates once again that UniCredit is actively working on all possible solutions envisaged by the Liquidity Decree.

 

Fabio Massimo Bombacci, CEO of Elettra Investimenti, said: “I have to thank UniCredit and SACE for their support. Even at a complicated and difficult time like the present, they’ve put us in a position to push and still be able to grow our business.”

“I have to thank UniCredit and SACE for their support. Even at a complicated and difficult time like the present, they’ve put us in a position to push and still be able to grow our business” 

Fabio Massimo Bombacci, CEO, Elettra Investimenti