CCC Holdings Europe, an Italy-based fund backing heating, ventilation, air conditioning and refrigeration (HVACR) companies, has added €18m from corporate- and state-backed Fondo Italiano per l’Efficienza Energetica (FIEE).
Founded in 2014, FIEE, launched its Italian Energy Efficiency Fund II (IEEF II) in August with a first close of €127.5m with limited partners including European Investment Bank and insurer Aviva.
CCC’s original investors include Italmobiliare with a target of €75m to €100m by early 2021.
Raffaele Mellone, founder and co-CEO of…
