Microsoft PowerPoint - Track Record Ridotto Nuova BIIS 20081 ENv34 - PDF by taoyni


									 Ergosud S.p.A. – Construction of CCGT
 Power Plant in Province of Crotone

                      Construction of a new combined-cycle power plant (CCGT) in the area of
   Descrption of      Scandale by Ergosud S.p.A, a subsidiary of the Endesa Group and ASM
   the operation
                      Brescia. The new power plant has a power capacity of 800 MW and a yearly
                      production of around 4,900 GWh
                      Total amount of the financing: € 670 mln among which € 100 mln of bridge
                      financing on EIB financing

                      Co-Arranger, in collaboration with Intesa Sanpaolo’s Parent Bank, of the
   BIIS' Role         financing split in three lines of credit: (1) cash facility (amongst which: 1.a
                      Project Term Loan, 1.b VAT Facility and 1.c Working Capital Facility) (2) EIB
                      Guarantee Facility and (3) VAT credit guarantee
                      Underwriter of 50% of the financing for a total amount of € 285 mln and
                      underwriter of bridge financing on EIB funds for € 50 mln

                      Construction of a Combined Heat and Power (CHP) plant; this kind of power
   Key Results        plant will assure a competitive advantage if compared to the conventional
                      plants already present in the area and will supply heat to the structures of a
                      local agro industrial consortium
                      The power plant is expected to begin operations in the first half of 2008

Updated: 21.01.2008

To top