UniCredit financed GRV Assets 2 Srl, a subsidiary of GR Value SpA, with a €62.9 million(~72.81 million) green loan mini-perm project financing to support the construction and commissioning of six solar plants in Basilicata, Puglia, and Sicily. The 60 MW portfolio was certified under the Green Loan Principles and backed by a SACE green guarantee. Once operational in 2026, the plants were expected to generate about 114 GWh annually, supplying over 42,000 households and avoiding more than 30,000 tons of CO₂ emissions each year. The transaction was structured across multiple credit lines for grid-parity projects, with UniCredit acting as global coordinator, arranger, and lender. The energy output was contracted under a 20-year PPA with an investment-grade offtaker. Legal and technical advisors included Legance, Vector Renewables, Marsh, KPMG, and Gitti and Partners.
UniCredit funds GR Value’s €62.9M solar portfolio in southern Italy
GR Value and UniCredit finalized a €62.9 million green loan, backed by SACE, to fund six grid-parity solar plants across Basilicata, Puglia, and Sicily under the Green Loan Principles.
/solarbytes/media/media_files/2025/10/14/2025-10-14-unicredit-pr-2025-10-14-20-17-38.webp)
Advertisment
/solarbytes/media/agency_attachments/2025/01/13/2025-01-13t112055287z-solarbytes.png)
/solarbytes/media/agency_attachments/2025/01/13/2025-01-13t112030439z-solarbytes.png)