INVESTMENT PROGRAMME WITH THE JESSICA FUND IN SICILY COMPLETED SUCCESSFULLY

By scomunicare_sinloc 17 March 2017
Home  /  News  /  INVESTMENT PROGRAMME WITH THE JESSICA FUND IN SICILY COMPLETED SUCCESSFULLY
CONCLUSO CON SUCCESSO IL PROGRAMMA DI INVESTIMENTO IN SICILIA CON IL FONDO JESSICA

The investment period of the Jessica Fund in Sicily has been successfully completed. The Fund is a revolving investment fund financed by EU resources that invests in renewable energy and energy efficiency improvement projects for infrastructure and public buildings, managed as a temporary consortium by Sinloc, Iccrea BancaImpresa and BIT S.p.A.

The Fund finalised its planned financing and completed its investment programme for a total of approximately € 45 million, with a target percentage of 87% of funds disbursed out of the total Jessica Funds under management (approximately € 52 million). Co-financing of third-party private and public resources amounts to around € 20 million, with investments totalling around € 65 million.

The projects financed mainly concern: energy efficiency improvement of hospitals and public lighting systems, combined measures for energy requalification and solar energy generation.

Funding was granted to over 15 public beneficiaries (i.e. healthcare companies and municipalities) and private and public companies (mainly) on the basis of tenders or in-house procurement.

Category:
  News
this post was shared 0 times
 000