Energy renovation of buildings Energy renovation of buildings Energy renovation of buildings

Energy renovation of buildings

Italy

Projects

Renco has acquired restructuring and renovation works for private and public buildings amounting to around 300 million Euro over an eighteen-month period.

270

MM € total credits

150

building sites

operating regions

70%

reduction in CO2 emissions

Project type

Energy efficiency improvement

Status

In progress

Client

Various

Contractor

Renco

Location

Italy

Date of delivery

December 2023

key info

FOCUS

Building sites in 7 regions

In detail

Several regions will be involved, including Sicily, Lombardy, Umbria, Emilia-Romagna, Lazio and the Marches, for over 300 million Euro worth of works aimed at improving energy efficiency. Renco has created strategic ties in the building sector also for the forthcoming years.

Renco

300 million €

Financial Institutions

270 million €

' The Superbonus generated an economic value amounting to 7.5% of the gross domestic product and allows consumers to save on their annual energy bills. Moreover, it favours the energy transition by helping to reduce CO2 emissions by 979 thousand tonnes, equal to 46.4% savings with a three-step improvement in the energy rating '

NOMISMAResearch institute in Bologna, Italy

Focus on the details

CLOSE-UP ON THE PROJECT

Renco has made available its design and project financing expertise for public housing renovation interventions benefiting from the 110% Superbonus. The recipients include Erap Ancona for Jesi (25 million Euro), Aler in Milan (20 million Euro) and Ater Rome (10 million Euro).

Renco intervened by immediately investing 6 million Euro in equipment and scaffolding purchased directly for over 80 thousand square metres. The renovation interventions involved small- and medium-size residential buildings as well as large public housing complexes through project financing. It was a unique and far-sighted decision.

Workers at work in the buildings renovated with the 110% Superbonus by Renco in Italy

The scaffolding used by Renco on its building sites for energy efficiency enhancement

Renco has invested 5 million Euro on scaffolding for works relating to the Superbonus

Project financing for social services in Italy

RENCO FOR THE RENOVATION OF RESIDENTIAL AND SOCIAL HOUSING

Project financing is a tool that allows for financing, executing and subsequently managing public utility works identified by public bodies. Tanks to Renco’s investments, amounting to around 300 million Euro, several local public administration bodies have been able to renovate their social housing facilities.

Thanks to these investments, 95 buildings were renovated for a total of 2140 apartments. Energy efficiency improvements will allow for saving 15,500 tonnes of CO2.

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