Illimity, Trafigura lend money to Italian refinery for energy transition
MILAN, July 31 (Reuters) -Illimity ILTY.MI and commodity trader Trafigura have teamed up to lend more than 400 million euros ($434 million) to Italian refinery ISAB, which will invest 1.4 billion euros in the next decade to strengthen its business and make it greener.
Italy's illimity Bank said on Wednesday it had structured 350 million euros of financing for ISAB.
The hydrocarbon refinery based in Sicily will also get 75 million euros through a subordinated loan involving some of its shareholders, including Trafigura, illimity said.
The funding will support the first phase of the refinery's 2024-2033 investment plan aimed at strengthening its core business, reducing its environmental impact and developing additional green initiatives, the lender said.
ISAB - which Russia's Lukoil LKOH.MM sold to Cypriot private equity fund Green Oil Energy last year - refines 320,000 barrels per day of crude, accounting for a fifth of Italy's refining capacity.
It directly employs about 1,000 people in the economically depressed southernmost region of Italy.
($1 = 0.9220 euros)
Reporting by Francesca Landini Editing by Mark Potter
免責聲明: XM Group提供線上交易平台的登入和執行服務,允許個人查看和/或使用網站所提供的內容,但不進行任何更改或擴展其服務和訪問權限,並受以下條款與條例約束:(i)條款與條例;(ii)風險提示;(iii)完全免責聲明。網站內部所提供的所有資訊,僅限於一般資訊用途。請注意,我們所有的線上交易平台內容並不構成,也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。
所有缐上交易平台所發佈的資料,僅適用於教育/資訊類用途,不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議,或是交易價格紀錄,或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。
本網站的所有XM和第三方所提供的内容,包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接,皆爲‘按原狀’,並作爲一般市場評論所提供,而非投資建議。請理解和接受,所有被歸類為投資研究範圍的相關内容,並非爲了促進投資研究獨立性,而根據法律要求所編寫,而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊,相關詳情請點擊 這裡查看。