Newlisi SpA’s €15 Million Loan agreement with the European Investment Bank

Newlisi SpA’s completed an equity-linked financing transaction up to €15 Million with the European Investment Bank.

Newlisi SpA, headquartered in Milan, is a leading player in the field of urban and industrial wastewater and sludge treatment. The company has developed, patented and successfully commercialised a unique technology solution that allows for a significant reduction in sludge volume (by over 70%) and energy recovery from waste (by increasing biogas production of more than 40%).

Proceeds – said Newlisi SpA’s CFO Alessandro Campanella – will be used to support further the company’s growth in Italy and business expansion in Europe and to finance continued innovation and research and development (R&D) activities.

Eunomia Studio di Avvocati advised Newlisi SpA with a team led by Roberto Nigro and including Giulia Bianchi.

Clifford Chance advised the European Investment Bank as lender with a team including Alberta Figari, Chiara Commis, Stefano Parrocchetti and Pietro Bancalari.

 

Involved fees earner: Alberta Figari – Clifford Chance; Stefano Parrocchetti Piantanida – Clifford Chance; Pietro Bancalari – Clifford Chance; Chiara Commis – Clifford Chance;

Law Firms: Clifford Chance;

Clients: Banca Europea per gli Investimenti (BEI);