Tozzi Green, an Italian renewable energy firm, attracted a 63 million euros financing facility from Natixis Corporate & Investment Banking, BNL BNP Paribas, MPS, ICCREA, and Banca Popolare di Sondrio (see here a previous post by BeBeez). The company will invest such resources in the development of a 45 MW Aeolian farm in the Southern Italian region of Apulia. L&B Partners assisted Tozzi Green while DLA Piper advised the lenders. Vector Renewables and Marsh provided technical and insurance support.
GR Value Assets, a subsidiary of renewable energy company GR Value, received from UniCredit a green loan project financing of 50.5 million euros for which SACE provided a warranty (see here a previous post by BeBeez). The borrower will invest such resources in building a windfarm in the Southern Italian region of Basilicata. UniCredit retained Legance. GR Value hired Gitti and Partners and Prothea.
Italian B-corp Casillo (fka Molino Casillo B-Corp), a trader and merchant of wheat, received a 30 million euros 96-months trade finance facility from Cassa Centrale Banca’s associates BCC Conversano, BCC San Marzano di San Giuseppe, BCC Locorotondo, BCC Cassano delle Murge e Tolve, BCC dell’Alta Murgia, and BCC Alberobello Sammichele e Monopoli (see here a previous post by BeBeez). SACE provided a warranty for 70% of the loan. Francesco Casillo and Beniamino Casillo are the chairman and vice-chairman of Casillo.
Gruppo Test Industry, an Italian producer of test benches for engines and other mechanical devices of which IGI Private Equity has 49% since 2019, received a direct lending facility from Azimut Investments with SACE warranty (see here a previous post by BeBeez). Dentons and Andersen assisted Test Industry that will invest such resources in its international expansion ahead of target sales of 50 million euros.
Milan-listed Azimut said it attracted commitments worth 35 million euros for the second closing of its mid-market senior private debt vehicle Azimut Diversified Corporate Credit ESG-8 SCSp RAIF (see here a previous post by BeBeez). The fund has resources of 161 million ahead of a 500 million target and previously fetched 30 million from the InvestEU programme of European Investment Fund (EIF). BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Azimut and its portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
