20 Oct 2025

"Osborne Clarke Advises CAP Group on €100 Million Green Financing from European Investment Bank for Water Infrastructure Revitalization in Milan"

"Osborne Clarke has assisted the CAP Group in securing a €100 million green financing from the European Investment Bank (EIB) for its 2025-2030 investment plan aimed at upgrading water infrastructure in the metropolitan area of Milan. The project includes 29 investment components and adheres to the EIB's green loan principles and environmental sustainability criteria. The legal team was led by partner Antonio Fugaldi, with support from junior associate Ilaria Cutolo for financial aspects and partner Giorgio Lezzi for public law and infrastructure matters."

Osborne Clarke assisted the CAP Group in relation to a green financing transaction amounting to 100 million euros provided by the European Investment Bank (EIB). The financing is aimed at implementing the 2025-2030 investment plan for the rehabilitation of water infrastructure and wastewater treatment in the metropolitan area of Milan. The project consists of 29 investment components within the company's service area and complies with the green loan principles and the EIB's criteria for climate action and environmental sustainability. The Osborne Clarke team was led by partner Antonio Fugaldi, with support from junior associate Ilaria Cutolo for financial aspects, and partner Giorgio Lezzi, Head of Public Law & Infrastructure, for public law matters.
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