Global law firm White & Case LLP has advised CPL Concordia Soc. Coop. on a financing guaranteed by SACE S.p.A., a state-owned Italian export credit agency.
Loans may be guaranteed by SACE under Article 1 of the Italian Liquidity Decree, subject to certain conditions. The guarantees are reserved for loans with a maximum duration of six years granted between the effective date of the Liquidity Decree and June 30, 2021.
CPL Concordia Soc. Coop. is an Italian multi-utility cooperative company that operates in the fields of cogeneration and trigeneration, heat management, energy saving and facility management and other services that promote the energy efficiency of buildings.
The White & Case team in Milan that advised on the transaction comprised partners Andrea Novarese and Iacopo Canino, associate Tiziana Germinario and lawyer Francesco Mozzone.
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