CPL Concordia Secures €72 Million Financing
Deal News | May 28, 2025 | Legal Community Italy
CPL Concordia, a company specializing in the production, management, and distribution of energy systems, has successfully secured a €72 million loan from a consortium of financial institutions. The deal was led by UniCredit, acting as the agent bank and along with Intesa Sanpaolo's IMI CIB Division, served as the global coordinator, bookrunner, mandated lead arranger, and initial financiers. Other financial entities involved in the financing include Banco BPM, BPER Banca, BNL Gruppo BNP PARIBAS, Cassa depositi e prestiti, and Sanfelice 1893 Banca Popolare, all of whom acted as mandated lead arrangers and initial financiers. The financing arrangement is supported by the SACE Archimede Guarantee, with UniCredit managing the relationships with SACE. Grimaldi Alliance served as the legal advisor to CPL Concordia, with a team involving partner Angelo Alfonso Speranza, counsel Paola Sepe, associate Mario Emanuele Panu, and partner Carlo Cugnasca for fiscal profiles. The SACE Archimede Guarantee backs loans and guarantees, up to a duration of 25 years, provided by the banking system to Italian enterprises under market conditions, aiming to boost competitiveness and productivity in Italy.
Sectors
- Financial Services
- Energy
- Legal Services
Geography
- Italy – All participating entities, including CPL Concordia and the consortium of banks, are based in Italy. Additionally, the SACE Archimede Guarantee is part of a national plan to boost Italian enterprises.
Industry
- Financial Services – The industry is involved due to the participation of several financial institutions providing financing to CPL Concordia.
- Energy – CPL Concordia operates in the energy sector, specializing in production, management, and distribution systems.
- Legal Services – Grimaldi Alliance's legal involvement in the transaction highlights the legal services sector.
Financials
- €72 million – Total financing amount secured by CPL Concordia.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CPL Concordia | Target | Company | A company specializing in the production, management, and distribution of energy systems. |
| UniCredit | Lead Bank and Global Coordinator | Company | Served as lead bank and acted as global coordinator, bookrunner, mandated lead arranger, and initial financier in the transaction. |
| Intesa Sanpaolo (Divisione IMI CIB) | Global Coordinator and Initial Financier | Company | Part of the financial consortium, serving as global coordinator and providing initial financing. |
| Banco BPM, BPER Banca, BNL Gruppo BNP PARIBAS, Cassa depositi e prestiti, Sanfelice 1893 Banca Popolare | Mandated Lead Arrangers and Initial Financiers | Company | Joined the consortium of banks in providing financing and arranging the transaction. |
| Grimaldi Alliance | Legal Advisor | Company | Served as the legal advisor for the financing operation with a specialized team. |
| SACE | Guarantee Provider | Company | Provided the SACE Archimede Guarantee supporting the financing transaction. |
| Angelo Alfonso Speranza | Partner at Grimaldi Alliance | Person | Led the legal advisory team in the transaction. |
| Paola Sepe | Counsel at Grimaldi Alliance | Person | Part of the legal advisory team at Grimaldi Alliance. |
| Mario Emanuele Panu | Associate at Grimaldi Alliance | Person | Part of the legal advisory team at Grimaldi Alliance. |
| Carlo Cugnasca | Partner at Grimaldi Alliance | Person | Fiscally advised the transaction as part of Grimaldi Alliance. |