MAIRE has announced that NEXTCHEM S.p.A., its sustainable technology arm, has successfully secured a new €125 million loan agreement to strengthen its financial structure and support its ongoing investments in technological innovation and research and development. The loan is 70% backed by the "Garanzia Archimede," a guarantee program introduced by SACE S.p.A. to foster new investments by Italian companies. This new funding will primarily focus on NEXTCHEM’s efforts in the energy transition, supporting its leadership in sustainable technology solutions.

The credit facility is structured with a maturity period of seven years, which includes a two-year grace period, providing flexibility for the company to manage its investments. The loan will carry a variable interest rate, determined by the 3-month Euribor plus a 1.6% margin, along with the cost of the guarantee provided by SACE. Importantly, NEXTCHEM will have the ability to repay the loan in full or in part at any time without penalties, further enhancing its financial flexibility.

Fabio Fritelli, Managing Director of NEXTCHEM, expressed the significance of this financing in advancing the company’s goals. "With this new financing, NEXTCHEM is in an even stronger position to face the challenges of energy transition and sustainability. The support of Garanzia Archimede allows us to accelerate our investments in technological innovation and R&D, strengthening our leadership in the sustainable solutions sector," he said. "We are eager to continue delivering cutting-edge technologies that will drive the future of the green industry."

The financing will be utilized to support several strategic initiatives, including mergers and acquisitions (M&A), technology development, digitalization efforts, and key R&D projects. NEXTCHEM, known for its role in driving sustainable technological solutions, will leverage these funds to expand its portfolio of innovative solutions aimed at addressing the challenges of the ecological transition. The company is committed to accelerating the adoption of technologies that will contribute to a greener, more sustainable future across various industries.

The loan is provided by a consortium of major Italian financial institutions, including Banca Monte dei Paschi di Siena, Banco BPM, BNL BNP Paribas, Cassa Depositi e Prestiti, and Intesa Sanpaolo, which will also act as SACE Agent, Global Coordinator, Sustainability Coordinator, and Facility Agent.

NEXTCHEM S.p.A., the sustainable technology division of MAIRE, focuses on innovative solutions in energy transition, ecological sustainability, and industrial digitization. The company leads in renewable energy, carbon capture, and clean technologies, serving sectors like chemicals, energy, and environmental management. NEXTCHEM drives sustainable nitrogen solutions in fertilizers, innovates ammonia for hydrogen transport, and advances low-carbon energy through hydrogen and CO2 valorization. Additionally, it promotes circularity by transforming waste into resources and utilizing recycling methods for material recovery.