PRAXI has supported Mediocredito Italiano for the sale of the "Progetto Luce" portfolio

September 11, 2019 – Mediocredito Italiano S.p.A. has completed the sale of a composite Performing UTP and Non-Performing credits portfolio, originated from leasing and mortgage contracts on Solar Photovoltaic assets. PRAXI has provided the technical and valuation advisory for this transaction.

Solar photovoltaic plants guarantee the receivables subject to sale, with a gross book value over 180 million euros and a total capacity of about 90 MWp.

PRAXI is a relevant player in the Renewable Energy market: over the past twelve months, the PRAXI Energy & Due Diligence BU has provided technical support on over 500 leasing contracts and has supported operations for over 4,000 properties.