{"id":7028,"date":"2022-12-20T17:25:20","date_gmt":"2022-12-20T16:25:20","guid":{"rendered":"https:\/\/www.gemmo.com\/soluzioni\/ppp-e-project-financing\/"},"modified":"2023-10-03T17:32:24","modified_gmt":"2023-10-03T15:32:24","slug":"ppps-and-project-financing","status":"publish","type":"page","link":"https:\/\/www.gemmo.com\/en\/solutions\/ppps-and-project-financing\/","title":{"rendered":"PPPs and project financing"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container has-pattern-background has-mask-background fusion-parallax-none hundred-percent-fullwidth non-hundred-percent-height-scrolling lazyload\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-min-height:350px;--awb-background-image:linear-gradient(180deg, rgba(0,0,0,0.6) 0%,rgba(0,0,0,0.4) 100%);;--awb-background-size:cover;--awb-flex-wrap:wrap;\" data-bg=\"https:\/\/www.gemmo.com\/wp-content\/uploads\/2023\/01\/PPP-e-Project-financing.jpg\" data-bg-gradient=\"linear-gradient(180deg, rgba(0,0,0,0.6) 0%,rgba(0,0,0,0.4) 100%)\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-center fusion-flex-align-content-center fusion-flex-justify-content-center fusion-flex-content-wrap\" style=\"width:104% !important;max-width:104% !important;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_2 1_2 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:50%;--awb-margin-top-large:0px;--awb-spacing-right-large:3.84%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:3.84%;--awb-width-medium:50%;--awb-order-medium:0;--awb-spacing-right-medium:3.84%;--awb-spacing-left-medium:3.84%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-center fusion-content-layout-row\"><div class=\"fusion-text fusion-text-1\" style=\"--awb-content-alignment:center;--awb-font-size:24px;--awb-text-color:var(--awb-color1);\"><table style=\"height: 200px;\">\n<tbody>\n<tr>\n<td style=\"border-left: 1px solid; border-top: 1px solid; border-bottom: 1px solid; width: 20px;\"><\/td>\n<td>\n<h1 style=\"color: #fff;\">PPP and Project Financing<\/h1>\n<\/td>\n<td style=\"border-right: 1px solid; border-top: 1px solid; border-bottom: 1px solid; width: 20px;\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div><\/div><\/div><\/div><\/div><div id=\"Partenariato-pubblico-privato\" class=\"fusion-container-anchor\"><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1393.6px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion-flex-column\" style=\"--awb-padding-top:10px;--awb-padding-right:10px;--awb-padding-bottom:10px;--awb-padding-left:10px;--awb-bg-size:cover;--awb-width-large:70%;--awb-margin-top-large:20px;--awb-spacing-right-large:2.7428571428571%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:2.7428571428571%;--awb-width-medium:70%;--awb-order-medium:0;--awb-spacing-right-medium:2.7428571428571%;--awb-spacing-left-medium:2.7428571428571%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><nav class=\"fusion-breadcrumbs awb-yoast-breadcrumbs fusion-breadcrumbs-1\" style=\"--awb-breadcrumb-sep:&#039;\/&#039;;\" aria-label=\"Breadcrumb\"><span><span><a href=\"https:\/\/www.gemmo.com\/en\/\">Home<\/a><\/span><\/span><\/nav><div class=\"fusion-title title fusion-title-1 fusion-sep-none fusion-title-text fusion-title-size-three\"><h3 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\">Instruments for public investment<\/h3><\/div><div class=\"fusion-text fusion-text-2\"><p>Public-private partnerships (PPP) are a form of <strong>collaboration between the public and private sectors for the implementation of infrastructure projects and public services<\/strong>. The PPP aims to harness the skills and resources of the private sector to provide high quality public services at competitive costs and with faster turnaround times than traditional methods of public financing and implementation.<\/p>\n<p><strong>Project financing is the advanced financial engineering formula<\/strong>\u00a0whereby the company, together with the public administration (PA), is directly involved in the project, participating first-hand in\u00a0<strong>financing the works, with a view to subsequent multi-annual management<\/strong>.<\/p>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion-flex-column\" style=\"--awb-padding-top:10px;--awb-padding-right:10px;--awb-padding-bottom:10px;--awb-padding-left:10px;--awb-bg-size:cover;--awb-box-shadow:0px 5px 10px 0px var(--awb-color3);;--awb-width-large:30%;--awb-margin-top-large:20px;--awb-spacing-right-large:6.4%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:6.4%;--awb-width-medium:30%;--awb-order-medium:0;--awb-spacing-right-medium:6.4%;--awb-spacing-left-medium:6.4%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-2 fusion-sep-none fusion-title-text fusion-title-size-three\" style=\"--awb-text-color:#adadad;--awb-font-size:30px;\"><h3 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;font-size:1em;\">PPP and Project Financing<\/h3><\/div><nav class=\"awb-menu awb-menu_column awb-menu_em-hover mobile-mode-always-expanded awb-menu_icons-left awb-menu_dc-yes mobile-trigger-fullwidth-off awb-menu_mobile-toggle awb-menu_indent-left loading mega-menu-loading awb-menu_desktop awb-menu_dropdown awb-menu_expand-right awb-menu_transition-fade\" style=\"--awb-color:var(--awb-color8);--awb-active-color:var(--awb-color4);--awb-active-border-bottom:1px;--awb-active-border-color:var(--awb-color4);--awb-icons-hover-color:var(--awb-color4);--awb-main-justify-content:flex-start;--awb-mobile-active-color:var(--awb-color4);--awb-mobile-justify:flex-start;--awb-mobile-caret-left:auto;--awb-mobile-caret-right:0;--awb-fusion-font-family-typography:inherit;--awb-fusion-font-style-typography:normal;--awb-fusion-font-weight-typography:400;--awb-fusion-font-family-submenu-typography:inherit;--awb-fusion-font-style-submenu-typography:normal;--awb-fusion-font-weight-submenu-typography:400;--awb-fusion-font-family-mobile-typography:inherit;--awb-fusion-font-style-mobile-typography:normal;--awb-fusion-font-weight-mobile-typography:400;\" aria-label=\"PPP e Project financing - Inglese\" data-breakpoint=\"1150\" data-count=\"0\" data-transition-type=\"fade\" data-transition-time=\"300\" data-expand=\"right\"><button type=\"button\" class=\"awb-menu__m-toggle awb-menu__m-toggle_no-text\" aria-expanded=\"false\" aria-controls=\"menu-ppp-e-project-financing-inglese\"><span class=\"awb-menu__m-toggle-inner\"><span class=\"collapsed-nav-text\"><span class=\"screen-reader-text\">Toggle Navigation<\/span><\/span><span class=\"awb-menu__m-collapse-icon awb-menu__m-collapse-icon_no-text\"><span class=\"awb-menu__m-collapse-icon-open awb-menu__m-collapse-icon-open_no-text fa-bars fas\"><\/span><span class=\"awb-menu__m-collapse-icon-close awb-menu__m-collapse-icon-close_no-text fa-times fas\"><\/span><\/span><\/span><\/button><ul id=\"menu-ppp-e-project-financing-inglese\" class=\"fusion-menu awb-menu__main-ul awb-menu__main-ul_column\"><li  id=\"menu-item-7156\"  class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-7156 awb-menu__li awb-menu__main-li awb-menu__main-li_regular\"  data-item-id=\"7156\"><span class=\"awb-menu__main-background-default awb-menu__main-background-default_fade\"><\/span><span class=\"awb-menu__main-background-active awb-menu__main-background-active_fade\"><\/span><a  href=\"#Partenariato-pubblico-privato\" class=\"awb-menu__main-a awb-menu__main-a_regular\"><span class=\"menu-text\">Instruments for public investment<\/span><\/a><\/li><li  id=\"menu-item-7157\"  class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-7157 awb-menu__li awb-menu__main-li awb-menu__main-li_regular\"  data-item-id=\"7157\"><span class=\"awb-menu__main-background-default awb-menu__main-background-default_fade\"><\/span><span class=\"awb-menu__main-background-active awb-menu__main-background-active_fade\"><\/span><a  href=\"#Il-project-financing\" class=\"awb-menu__main-a awb-menu__main-a_regular\"><span class=\"menu-text\">The advantages of PPPs<\/span><\/a><\/li><li  id=\"menu-item-7158\"  class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-7158 awb-menu__li awb-menu__main-li awb-menu__main-li_regular\"  data-item-id=\"7158\"><span class=\"awb-menu__main-background-default awb-menu__main-background-default_fade\"><\/span><span class=\"awb-menu__main-background-active awb-menu__main-background-active_fade\"><\/span><a  href=\"#La-garanzia-dell-esperienza\" class=\"awb-menu__main-a awb-menu__main-a_regular\"><span class=\"menu-text\">The guarantee of experience<\/span><\/a><\/li><\/ul><\/nav><\/div><\/div><\/div><\/div><\/div><div id=\"Il-project-financing\" class=\"fusion-container-anchor\"><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-3 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1393.6px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-3 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-padding-top:10px;--awb-padding-right:10px;--awb-padding-bottom:10px;--awb-padding-left:10px;--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:20px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-3 fusion-sep-none fusion-title-text fusion-title-size-three\"><h3 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\">The advantages of PPPs<\/h3><\/div><div class=\"fusion-text fusion-text-3\"><ul>\n<li>The allocation of risks and investments to the private sector allows the PA to manage the project\u00a0<strong>off the balance sheet<\/strong>.<\/li>\n<li>Any capital that the PA has available can be included in the project as a public contribution (max. 49%), in order to reduce the use of private capital to support the design and implementation of the interventions.<\/li>\n<li>Proposals may include\u00a0<strong>full-risk<\/strong>\u00a0coverage on all the works implemented. By way of example, the following risks are allocated to the private contractor\n<ul>\n<li>the availability of services offered and facilities implemented<\/li>\n<li>delays in implementation and intervention<\/li>\n<li>failure to meet energy saving targets.<\/li>\n<\/ul>\n<\/li>\n<li>The useful life of interventions goes beyond the duration of the project (especially for interventions concerning the building component) and leaves the PA with a highly upgraded building stock.<\/li>\n<li>The PA simplifies its control and management activities by having a single point of contact responsible for the coordination and efficiency of the service, and a single person responsible for clearly defined, measurable and constantly reported objectives.<\/li>\n<li>The PA has the opportunity to participate at the various design stages of the intervention, in order to adapt it to the needs of the various internal stakeholders.<\/li>\n<li>The private operator is encouraged to carry out interventions and maintenance as quickly as possible, as he benefits directly from the energy savings.<\/li>\n<li>The quality of the design, implementation and management of the services is very high, as it is the private operator who bears the costs of providing the carriers and therefore benefits from the energy savings.<\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/div><\/div><div id=\"Il-project-financing\" class=\"fusion-container-anchor\"><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-4 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1393.6px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-4 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-padding-top:10px;--awb-padding-right:10px;--awb-padding-bottom:10px;--awb-padding-left:10px;--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:20px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-4 fusion-sep-none fusion-title-text fusion-title-size-three\"><h3 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\">Project financing<\/h3><\/div><div class=\"fusion-text fusion-text-4\"><p>Project financing is used for implementing large investment projects. In the case of public administration, project financing can be used for implementing of public investment projects, such as hospitals, schools or roads &#8211; either new or the renovation or refurbishment of existing buildings.<br \/>\nIn general, it is achieved through an agreement between the public administration and a private party, which undertakes to implement the project in exchange for a series of economic and financial benefits.<\/p>\n<p><strong>Project financing is an attractive solution for public administration<\/strong>, as it allows large investment projects to be implemented without having to resort to direct public funding, which may be more difficult to obtain. In addition, it <strong>allows the risks associated with implementing the project, and its timing, to be transferred from the PA to the private entity implementing it<\/strong>, thereby reducing the financial risk for the public administration.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><div id=\"La-garanzia-dell-esperienza\" class=\"fusion-container-anchor\"><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-5 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1393.6px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-5 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-padding-top:10px;--awb-padding-right:10px;--awb-padding-bottom:10px;--awb-padding-left:10px;--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:20px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-5 fusion-sep-none fusion-title-text fusion-title-size-three\"><h3 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\">The guarantee of experience<\/h3><\/div><div class=\"fusion-text fusion-text-5\"><p>PPP involves a <strong>long-term collaboration<\/strong> between the public and private sectors with the aim of implementing a project or providing a high-quality public service in an efficient and cost-effective manner. It is precisely because of this long-standing relationship that it is essential to rely on a partner capable of dealing with every stage of the project.<\/p>\n<p><strong>Gemmo has a proven track record in project finance and works concessions and services<\/strong>, having arranged and subsequently managed in PPPs for complex projects since 2002. It has the technology and human resources to be able to carry out each activity independently and adapt to the customer&#8217;s needs at all stages of the work: <strong>conception, design and implementation, maintenance and <a href=\"https:\/\/www.gemmo.com\/en\/solutions\/energy-efficiency-improvement\/\">energy efficiency improvement<\/a><\/strong>.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":6687,"parent":7012,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"100-width.php","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-7028","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PPPs and project financing - 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