- EIB provides €25 million to Tecnocap for energy efficiency and renewable energy projects.
- Investments focus on Italy and the Czech Republic, aligning with EU sustainability goals.
- The project supports skilled employment and economic development in cohesion regions.
- Banca Finint S.p.A. acts as Arranger for the transaction.
Investment Overview
The European Investment Bank (EIB) is providing €25 million to Tecnocap, a global metal packaging company, to enhance energy efficiency and develop renewable energy self-generation at its industrial plants. The primary focus is on facilities in Italy, with some investment in the Czech Republic.
Project Goals
This initiative aims to improve production processes and industrial buildings' energy efficiency, install advanced photovoltaic systems, and reduce the company's environmental footprint. The project aligns with the Clean Industrial Deal and REPowerEU goals, contributing to European sustainability, efficiency, and energy independence objectives.
Economic and Regional Impact
The planned investments will enhance Tecnocap's competitiveness and support skilled employment creation. A significant portion of the funds will be directed towards cohesion regions, promoting economic development and the green transition in less-developed areas.
Financial Structure
The EIB credit line offers a flexible, long-term financial structure to facilitate the gradual implementation of investments in line with Tecnocap's industrial plan. Banca Finint S.p.A. is acting as the Arranger for this transaction.
