Alberghiera Mediterranea S.r.l. has secured financing of €34 million from Banco BPM, with SACE guarantee, and from Banca Finanziaria Internazionale, through European Union funds under the Next Generation EU – PNRR program, managed by the Ministry of Tourism and the European Investment Bank (EIB). The financing, together with support provided by Invitalia, is aimed at the construction of a 5-star luxury resort consisting of 125 units in Licata, Sicily.
Our firm advised the financing banks with a team led by partner Andrea Taurozzi and composed of associates Edoardo Testagrossa, and Francesco Senesi, and trainee Elia Cossu Lunesu, for all finance-related aspects of the transaction. Of counsel Paolo Ruggiero, along with associate Filippo Maria Mariani, under the supervision of partner Ottavia Alfano, handled the tax aspects. The corporate and real estate profiles were handled by partner Alessandro de Botton and associate Gianluca Diena, with support from partner Lorenzo Caruccio and senior associate Fausto Indelicato on administrative law matters.