Transaction details

Ethica Debt Advisory advised Ansaldo Energia S.p.A. in obtaining a non-repayable grant and a subsidized loan granted by the Ministry of Economic Development

Ethica Debt Advisory advised Ansaldo Energia in obtaining a non-repayable grant and a subsidized loan granted by the Ministry of Economic Development is aimed at supporting an industrial research and experimental development program scheduled for the 2017-2020. The subsidy was granted on the Sustainable Growth Fund pursuant the Sustainable Industry Call, the Legislative Decree no. of October 15, 2014.

The project will allow the Group to acquire new knowledge necessary for the development of ia new generation of sequential burners for gas turbines with reduced greenhouse gas emissions and high operating flexibility to meet the increasingly stressful operating conditions required by the energy market.

Ansaldo Energia is a company with an installed capacity of over 175.000 MW in over 90 countries. A complete offer and a flexible approach to projects are the company’s main strengths. Ansaldo Energia has completed over 1.700 projects worldwide, offering a wide range of solutions and carrying out various roles: from Co-Developer to EPC Contractor and from Original Equipment Manufacturer to Operation & Maintenance Contractor.