The agreements between the Bank of the European Union and the Lazio Region will lead to the funding of €500 million in all production sectors in the next years.
The first operation concerns the Framework Agreement for €300m worth of loans to the Region over the next four years, which has already been signed.
On the basis of the Agreement, projects aimed at combating climate change, preventing and mitigating risks from hydrogeological instability, improving, building, and upgrading public urban and regional infrastructure, and protecting the environment will be eligible.
A second operation, currently being finalized, is based on initial EIB financing to the Region for projects launched by 400 SMEs in all production sectors, again with a special focus on investment to tackle the consequences of the COVID-19 pandemic.
The credit line will be provided to companies in the Lazio region via three intermediary banks selected by the Region following a public tender: UniCredit, BCC Roma, and Banca Popolare di Sondrio. Loan maturities will be 12 years for private firms and 15 years for investments carried out by public-private companies, with a three-year grace period.
