EU releases 750 million euros of CDP Group funding for enterprises

Commissione europea

The European Commission and CDP Group have signed a guarantee agreement under the InvestEU programme, for a total value of 355 million euros; this agreement will release up until 750 million euros of CDP Group’s new funds, which will be assigned to investments all around Italy. The funds will support the research, the development and the ecological transition of the enterprises, the social and sustainable infrastructures and, for the first time, affordable social housing projects.

This is the third agreement that the CDP group signs with the European Commission under the InvestEU programme; this scheme is set to mobilise a total of 372 billion euros in new investments over the next five years throughout the European Union.