Global Trade Alert
Global Trade Alert

Italy: SACE approves a loan guarantee to support CPL Concordia’s operations and continuous growth in Italy

Announcement

16 Feb 2021

In February 2021, the Italian Eximbank SACE announced approving a EUR 43 million (approx. USD 50.8 million) loan guarantee under the Garanzia Italia scheme to CPL Concordia, an Italian co-operative in the energy and service sector. The resources will support the company’s operations and growth in the recovery phase of the COVID-19 pandemic.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

16 Feb 2021

Revocation date:

No revocation date

Loan guarantee In force

On 16 February 2021, the Italian Eximbank SACE announced approving a loan guarantee for a EUR 43 million loan (approx. USD 50.8 million) to CPL Concordia, a large Italian co-operative in the energy an...

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