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.
Law Firms: Clifford Chance;
Clients: Banca Europea per gli Investimenti (BEI);