Luxembourg/Turin, 23 December 2025 – Clever Servizi Energetici S.p.A. (“Clever”), a leading Italian operator in energy efficiency services, with over 4,000 apartment buildings under management, has signed a financing agreement for a total amount of €83 million. The funds will be used to finance investments in energy efficiency projects, support external growth operations and support working capital management.

The transaction, structured as a medium/long-term loan, was organised by UniCredit S.p.A. as Sole Global Coordinator, Mandated Lead Arranger, Agent and SACE Agent, together with Cassa Depositi e Prestiti S.p.A. and Mediocredito Centrale – Banca del Mezzogiorno S.p.A. as Mandated Lead Arrangers and lenders; part of the financing package benefits from SACE guarantees.

“This financing represents a key opportunity for Clever to accelerate its concrete contribution to the energy transition of Italian real estate, particularly apartment buildings,” said Federico Augusti, CEO of Clever Servizi Energetici. “The financing will enable us to support investments in line with the objectives of the European Green Deal, promoting the reduction of energy consumption and emissions and, through structured energy efficiency projects, increasing the value of our customers’ real estate assets, improving their resilience over time, the quality of the assets and their attractiveness on the market.”

Matteo Rea, CFO of Clever Servizi Energetici, added: “The transaction demonstrates Clever’s strength and the banking system’s confidence in our business model. The structure of the financing, which provides for the refinancing of existing debt, committed and accordion lines dedicated to supporting investments and acquisitions, as well as a revolving line for the efficient management of liquidity for working capital, allows us to accompany the development of the industrial plan in a balanced and flexible manner”.

The company is jointly owned by the infrastructure fund managers FIEE, Marguerite, and Pioneer Point Partners via their respective funds, IEEF II, Marguerite III, and Pioneer Infrastructure Partners.

Clever Servizi Energetici S.p.A. was assisted by SURE – Sustainable Revolution acting as financial advisor and by Gianni & Origoni acting as legal advisor to the Company, while the pool of lending banks was assisted by Ashurst.

Marguerite is a pan-European investor in long-life greenfield and brownfield expansion infrastructure.

Our funds seek out capital-intensive, sustainable investment opportunities with a particular focus on four sectors: (1) Energy & Renewables, (2) Digital Transformation, (3) Waste & Water and (4) Transport.

Marguerite manages four European infrastructure funds, the most recent being Marguerite III. Over the years, we’ve deployed in excess of €2 billion into projects designed to address the changing infrastructure landscape in Europe by integrating ESG principles and creating positive change for society.

Marguerite III benefits from support from the European Union under the InvestEU Fund.

From our origins in 2010 as an independent infrastructure investment manager backed by the European Investment Bank and the main European National Promotional Banks, we have evolved into a fund manager dedicated to generating value for investors while integrating robust ESG screening as part of our eligibility criteria and continuously measuring the positive impact of our investments.

Our team is based in Luxembourg, Paris and Milan.