GLAS supports energy infrastructure financing for Cogeninfra

GLAS recently partnered with Cogeninfra, an Italian provider of integrated energy solutions, on a financing provided by PGIM comprising €70 million of Senior Secured Notes and an additional financing facility to support future investment.

The GLAS team in Italy acted as issuing agent, calculation agent, security agent and noteholder representative on the transaction.

Cogeninfra’s capital structure will be strengthened through the financing, which will refinance existing bank debt and provide additional flexibility to support future growth and investment plans, enabling the company to continue developing and operating sustainable energy infrastructure across Italy.

The financing brought together several leading advisers, with Mediobanca acting as debt advisor and sole arranger of the bond issuance, DLA Piper and Chiomenti acting as legal advisor.

About Cogeninfra

Cogeninfra is an Italian energy company focused on district heating, energy efficiency and sustainable infrastructure solutions. Headquartered in Turin, the company develops and manages energy projects that help businesses, public sector organisations and local communities improve efficiency and support the transition to a more sustainable energy future.

About GLAS

Founded in 2011, GLAS is a leading independent global provider of debt administration services. As a non-lender and conflict-free firm, GLAS supports both private and public credit markets, distinguishing itself through its expertise, reliability and independence.

With over $920 billion of assets under administration, GLAS is headquartered in London and has an established international presence, with offices in the United States, France, Germany, Spain, Italy, the United Arab Emirates, Singapore, Hong Kong and Australia.

For further information, please contact: media@glas.agency.