EIB financing new Treviso hospital and 1.8m impact fund creation

filippo addarii
Jul 27, 2017 · 1 min read

The European Investment Bank (EIB) signed a loan of EUR 29 million with Ospedal Grando S.p.A., to support the design, construction and operation of the new Hospital in Treviso.

It is the first time that the financial benefits deriving from EIB’s lower cost of funding compared to other financial institutions have been allocated in favour of social impact initiatives — creating €1.8m Ospedal Grando Impact Fund to invest in innovative solutions for research and health with greater benefits for the community.

My organisation PlusValue.org assisted Lendlease in the conception, design and implementation of the impact investing strategy.

Infrastructural projects are engines for growth and innovation. Everybody knows it as positive externalities, but with the new hospital in Treviso positive impact has been embedded in business model — making it a win-win for all parties involved. This project also proves that impact investing can be mainstream, involving institutional investors and big industrial players. This is a step towards a renewal of capitalism and we don’t want to stop here.

Read full news http://www.eib.org/infocentre/press/releases/all/2017/2017-215-juncker-plan-eib-finances-better-healthcare-in-the-veneto-region.htm

filippo addarii

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Re-booting Europe to fulfill its universal mission 4 peace & prosperity by open-ended innovation, impact investing, diffused entrepreneurship & visionary policy

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