The company operates in the field of performing loans, also called non-performing or non-performing loans. These are loans whose collection by banks appears uncertain due to the difficulties (the so-called special events) faced by debtor companies. However, its operations also include performing loans, ie those exposures considered solvent. In practice, it offers consultancy activities in legal, technical and financial matters, also dealing with the management of individual positions and covering all the strategic points in the management of energy positions. From bilateral meetings with debtors, to the negotiation and preparation of amending agreements, evaluation of the issue or replacement of guarantees, preparation of business plans, site inspections, evaluation of revamping activities.
The company operates in the field of performing loans, also called non-performing or non-performing loans. These are loans whose collection by banks appears uncertain due to the difficulties (the so-called special events) faced by debtor companies. However, its operations also include performing loans, ie those exposures considered solvent. In practice, it offers consultancy activities in legal, technical and financial matters, also dealing with the management of individual positions and covering all the strategic points in the management of energy positions. From bilateral meetings with debtors, to the negotiation and preparation of amending agreements, evaluation of the issue or replacement of guarantees, preparation of business plans, site inspections, evaluation of revamping activities.
The characteristic of Green Vir is to focus on managing positions by seeking opportunities that can also create value through possible corporate transactions to be carried out on the equity of the debtors; or through participation in particularly complex insolvency procedures. Therefore, going beyond simple debt management. One of the latest transactions successfully completed was the purchase by WRM Group of a portfolio of impaired loans worth 180 million and deriving from leasing contracts and medium / long-term loans from Mediocredito Italiano. These are loans guaranteed by 74 photovoltaic plants for a total capacity of over 85 MW, out of a total of 74 plants. Today the company continues its activity in the role of special servicer of the acquired portfolio, providing complete management assistance. It has also further strengthened its leading position in the green economy sector thanks to the collaboration relationship established recently with Illimity Bank S.p.A. and thanks to the servicing activity that it carries out in favor of Glennmont Partners for the management of particularly problematic positions.
