PNRR, Mediocredito Centrale, BdM Banca and SACE support the sustainable growth of the Medil Consortium

Mediocredito Centrale DBRS improves trend from stable to positive

(Finance) – Consorzio Stabile Medil, a leading company in infrastructure construction, Mediocredito Centrale and BdM Banca have finalized four loans with a total value of 5 million euros, provided equally by MCC and BdM and backed 70% by SACE’s Futuro Light guarantee. Through these loans, the two banks of the Mediocredito Centrale Group will support the company in the execution of orders intended for the construction of priority and strategic infrastructures for the country.

In particular, they will be intended for the construction and maintenance of road infrastructures, for reclamation activities aimed at preventing seismic and hydrogeological risks, for the construction and maintenance of social buildings, such as universities, hospitals and other infrastructures falling within the PNRR scope. The Medil Consortium, with a turnover of over 120 million euros, 3 billion orders and 3,700 operating units
involved, is the main company in the South in the sector of large infrastructure works.

“We are proud to have consolidated a strategic partnership with Mediocredito Centrale and Banca del Mezzogiorno, which testifies to the trust and credibility of the Medil Consortium, increasingly recognized at national and European level as a sustainable and reference business model – he stated Flavian Basile, president of the Board of Directors of the Medil Consortium –. Our commitment goes beyond technology: we promote economic and social development, improving connections between territories and offering efficient services to citizens and businesses.
With ethics, reliability and fairness, we will continue to lead change and contribute to the progress of Southern Italy and the entire country.”

“Thanks to this operation, together with our parent company Mediocredito Centrale, we are making a significant contribution to the creation and modernization of strategic infrastructures for the country. The financing to the Medil Consortium fits fully into the priorities of the PNRR which, in line with the mission that distinguishes the MCC Group, they aim to promote the sustainable development of the territory, with a
particular attention towards the South”, he commented Cristiano Carrus, CEO of BdM Banca.

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