Transaction details

The Ethica Debt Advisory advised Sel S.p.A. in the structuring of a financing directly provided by the European Investment Bank

The Ethica Debt Advisory advised Sel, an energy service provider, in obtaining a financing directly granted by the European Investment Bank, aimed at modernizing the electricity distribution network and expanding the Bolzano district’s heating system.

Province of Bolzano’s President commented: “Our economy needs investments; the intervention of the European Central Bank allows SEL to invest in projects looking at the future of South Tyrol and increasing territory competitiveness from an economic point of view. With today’s signature, SEL benefits from a subsidized interest rate lower than the market ones currently and allows us to guarantee investments that will create added value in South Tyrol for the next twelve years”.

“}” data-sheets-userformat=”{“2″:513,”3”:{“1″:0},”12”:0}”>The Ethica Debt Advisory advised Sel S.p.A. in the structuring of a financing directly provided by the European Investment Bank

The Ethica Debt Advisory advised Sel, an energy service provider, in obtaining a financing directly granted by the European Investment Bank, aimed at modernizing the electricity distribution network and expanding the Bolzano district’s heating system.

Province of Bolzano’s President commented: “Our economy needs investments; the intervention of the European Central Bank allows SEL to invest in projects looking at the future of South Tyrol and increasing territory competitiveness from an economic point of view. With today’s signature, SEL benefits from a subsidized interest rate lower than the market ones currently and allows us to guarantee investments that will create added value in South Tyrol for the next twelve years”.