Jessica Fund in Sicily

Sicily was the first Italian region to join Jessica. In November 2009, within the framework of 2007-2013 ROP EFRD, the Regional Authorities signed an agreement with the EIB for the creation of two funds for activities of urban regeneration and energy efficiency.

In 2011, Equiter won a European call for tenders promoted by the EIB for the management of a € 90 mil fund for urban regeneration projects.

Following to the operational agreement between Equiter and EIB signed in November 2011, a special purpose company named Fondo Rigenerazione Urbana Sicilia S.r.l. (FRUS) was established to redistribute Jessica resources to 6 different projects.