CDP, new office in Palermo. In three years resources for 4 billion in Sicily

CDP new office in Palermo In three years resources for

(Tiper Stock Exchange) – Four billion in favor of about 11,000 businesses and 240 entities public buildings in Sicily, of which 128 million for infrastructures of strategic importance, a renegotiation of loans for over 560 million in favor of local entities and advisory activities on funds from the PNRR for projects dedicated to the city and the Region. They are the numbers ofactivity of Cassa Depositi e Prestiti (CDP) in Sicily in the last three yearshighlighted today during the inauguration of the new territorial office in Palermo, the first in the Region, which will allow Cassa to be even closer to the territory and local communities.

On the occasion of the opening, the CDP Roadshowa traveling event which aims to present the Group’s tools and projects in favor of companies and the Public Administration to face the challenges related to sustainable development, the implementation of the PNRR, urban regeneration, digitization and the improvement of social cohesion .

At today’s appointment at the Teatro Massimo – led by Giovanni Gorno Tempini, President of CDP, e Dario Scannapieco, Chief Executive Officer and General Manager of CDP – among others, Regina Corradini d’Arienzo, CEO of Simest, Elvira Amata, Regional Councilor for Tourism, Roberto Lagalla, Mayor of Palermo, Raffaele Bonsignore, President of the Sicily Foundation, Paolo Amenta, President of ANCI Sicily, Alessandro Albanese , President of Confindustria Sicily and Marco Betta, Superintendent of the Teatro Massimo in Palermo.

After the stops in Naples, Brescia, Venice, Florence and Palermo, the CDP Roadshow will continue with Ancona, Bari, Bologna, Cagliari, Genoa, Turin and Verona. The inauguration of the new office in Palermo is part of the broader project of presence in the territory, which led to the creation of 27 offices to ensure coverage of all Italian regions and to better understand the needs of businesses and public administration . Also to strengthen the historic collaborations with key players such as Regions, Bank Foundations, Financial Institutions and Trade Associations. The network of 27 offices is almost complete, with the exception of that of Cagliari whose opening is scheduled for 2023.

As for the Public administration, CDP has mobilized resources for over 2.7 billion in the three-year period 2020-2022 to support around 240 Sicilian public entities. Among others, we highlight the operations in favor of: Eastern Sicily Port System Authority, with 53 million for the completion of the works to complete the re-flowering and restoration of the mantellata and the Central dam of the port of Augusta; Municipality of Castelbuono, with over 2 million to finance various works.

On the front of businesses, resources totaling over 970 million have been committed, both directly and through financial intermediaries, to support around 11,000 businesses. In detail, CDP has directly financed 44 companies in the Region for over 110 million. We highlight the transactions in favor of: Refinery of Milazzo, with 50 million for cutting-edge interventions to adapt the company’s tank farm to the best environmental and paving standards of the related basins; Irem, with 5 million to support investments linked to the growth of the Group active in industrial plant engineering.

CDP Venture capital directly supported 8 startups in the Region with a total commitment of around 12.5 million. Among all the realities supported by CDP Venture Capital, both through direct and indirect operations, we highlight the operations in favor of: Restorative Neurotechnologies; Mygrants; develhope.

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