US renewable energy player Enfinity Global received from UniCredit, BayernLB and Siemens Financial Services (through Siemens Bank) a financing facility of 118 million euros for the development of four utility-scale solar plants in the central Italian Region of Latium and with a total power of 101 MW (see here a previous post by BeBeez). Enfinity will receive 77 million non recourse senior debt and 41 million for financing the plants VAT, LC and PPA costs for which ADVANT Nctm provided assistance. BonelliErede assisted Enfinity Global. Gianni & Origoni advised the lenders. Carlos Domenech is the CEO of Enfinity Global while Julio Fournier Fisas is the CEO of Enfinity Global Europe.
Gruppo Villa Maria (GVM), an Italian healthcare group, received a financing facility of 85 million euros from UniCredit, MPS, Banco BPM, Deutsche Bank, BCC Banca Iccrea, BCC Ravennate Forlivese e Imolese, and Emil Banca (see here a previous post by BeBeez). SACE provided a warranty for a 35 million tranche. Orrick assisted the lenders. GVM will invest the resources in the organic growth of Maria Cecilia Hospital, Ospedale San Carlo di Nancy, Kronosan, Maria Eleonora Hospital, Maria Pia Hospital, Maria Beatrice Hospital. GMV has sales of 840 million, an ebitda of 128 million and a net debt of 427 million.
Manz Italy, an Italian producer of components for the maufacturing of lithium-ion batteries and capacitors for industrial use that belongs to Frankfurt-listed Manz, received a 10 million euros financing from Crédit Agricole Italia and the warranty of SACE (see here a previous post by BeBeez). Manz will invest such resources in the programme Important Project of Common European Interest Batterie EuBatIn. In 3Q23, Manz generated sales of 195 million and an ebitda of 18.2 million. Manz Italy has a turnover of 20 million.
Juice, an Italian vendor of Apple products, attracted a 60-months 10 million euros direct lending item with the warranty of Garanzia SACE from Azimut Direct, the fintech subsidiary of Milan-listed Azimut (see here a previous post by BeBeez). Juice will invest such proceeds in expanding its retail network. The company belongs to Sandro Parcaroli, Alexander Cantore, Maurizio Malara, Emanuela Bosco, and Marco Todisco and has sales of 133.1 million, an ebitda of 2.8 million with a net financial debt of 1.8 million.
Tages Credit Fund, a vehicle of Tages Capital, provided Silver Economy Fund – Quadrivio with a direct lending facility for the 70% acquisition of Siare Engineering International Group, an Italian maker of medical devices (see here a previous post by BeBeez). Giuseppe Preziosa, the target’s founder. Tages Credit Fund provided a 6-years term loan facility bullet that will lower its costs upon the achievement of three ESG targets such as higher supply of energy from renewable sources, more training hours for HRs and governance improvements. Siare Engineering International Group has sales of 10.6 million euros, a 3.8 million ebitda and net cash of 2.9 million. Tages Credit Fund reportedly raised 80 million ahead of a 250 million target by 2Q25. By 1H24, the fund aims to close two further transactions.
