CPL CONCORDIA receives a loan of 43.3 million Euros with a SACE guarantee

CPL CONCORDIA, a company specialising in the production, management and distribution of energy systems, has received a loan of €43.3 million, backed by SACE's SupportItalia Guarantee, provided by a pool of financial institutions consisting of UniCredit, in its capacity as Agent Bank and Agent of Sace, which acted with Intesa Sanpaolo (IMI CIB Division) also as mandated lead arranger, global coordinator, bookrunner and lenders, as well as Banco BPM, BPER Banca, BNL BNPPARIBAS, Cassa Depositi e Prestiti and Sanfelice 1893 Banca Popolare, as mandated lead arrangers and lenders.

Garanzia SupportItalia is the SACE Group's extraordinary instrument provided for by the Aid Decree to support the liquidity and investment needs of Italian companies impacted by the Russian-Ukrainian conflict.

White & Case and Grimaldi Alliance , acting as legal advisors, respectively assisted CPL CONCORDIA and the pool of lending banks which, together with Pirola Corporate Finance S.p.A ., financial advisor to CPL CONCORDIA, made this result possible.

"The trust that CPL enjoys with credit institutions has made this operation possible and spurs us even more to be a company oriented towards the continuous search for solutions related to the core business and development of energy according to the areas indicated by the PNRR", said the President of CPL CONCORDIA Paolo Barbieri.

"The completion of this transaction was also possible thanks to the good economic and financial parameters that CPL CONCORDIA has achieved. Aware that energy is the backbone of our country's economic development, we will be able to continue to invest in technology and develop business models that can generate energy efficiency to make it available to our customers and, more generally, to the community, while maintaining our strong vocation to provide high-tech services"But this funding will also allow us to deal with any turbulence that may arise, especially in the energy carrier markets," said CPL CONCORDIA General Manager Pierluigi Capelli.

Marco Mercurio, Regional Director of SACE Centre-North underlines: "This intervention alongside CPL CONCORDIA is part of our leading role - even and especially in emergency phases - in supporting the growth of strategic sectors for our economy such as the energy sector. A mission that has been further strengthened through Garanzia SupportItalia and will continue to strengthen in line with the pillars of our INSIEME2025 business plan".

Michele Sorrentino, Head of Italian Network of Intesa Sanpaolo's IMI Corporate & Investment Banking Division, underlined: "This operation, which sees us at the forefront of the financing pool, confirms our constant commitment to supporting companies' development and energy transition projects, especially in a sector that has significant impacts on the territories in which it operates. The Intesa Sanpaolo Group and the IMI CIB Division also want to be an accelerator of the initiatives of the PNRR, in particular by accompanying companies in the sustainable transition with innovative credit instruments that reward concrete actions in improving the ESG profile by our customers".

Andrea Burchi, Regional Manager Central North of UniCredit, commented: "We are proud to lead this financing operation, making our concrete contribution in support of CPL CONCORDIA's plans. A company that stands out for its design and innovation and represents a point of reference in a strategic sector for the country such as energy. This intervention, the result of the effective collaboration between the structures of our network, confirms our Group's primary commitment to being a reference bank for the development of the productive fabric of the territory, unleashing its potential to promote its growth".