Thanks to EIB, CDP, UniCredit and SACE €247 million for the modernisation and safety of the A32
The European Investment Bank has signed a direct loan of around €105 million with the Italian company for the Fréjus motorway tunnel.
Cassa Depositi e Prestiti and UniCredit are providing a project finance loan of €92 million and €50 million respectively, financed by the EIB.
SACE will provide guarantees for approximately €120 million, of which approximately €80 million to cover the EIB loan and €40 million to cover CDP.
CDP and UniCredit also acted as structuring and co-ordinating advisors in the overall structuring of the financing on a project finance basis.
The operation will contribute to improving road safety and the structural and anti-seismic adaptation of bridges and viaducts, making the infrastructure more resilient to future climate events.