{"id":263,"date":"2026-05-13T14:16:54","date_gmt":"2026-05-13T14:16:54","guid":{"rendered":"https:\/\/acofi.it\/?page_id=263"},"modified":"2026-05-13T16:09:18","modified_gmt":"2026-05-13T16:09:18","slug":"come-funziona","status":"publish","type":"page","link":"https:\/\/acofi.it\/it_it\/come-funziona\/","title":{"rendered":"Come funziona"},"content":{"rendered":"\n<div class=\"wp-block-group alignfull is-style-ext-preset--group--natural-1--section has-background-background-color has-background is-layout-constrained wp-block-group-is-layout-constrained\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--70);padding-bottom:var(--wp--preset--spacing--70)\">\n<div class=\"wp-block-columns alignfull is-layout-flex wp-container-core-columns-is-layout-174606dc wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-bottom is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image alignwide size-full is-style-ext-preset--image--natural-1--image-1--content-right ext-animate--on\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1536\" height=\"1024\" src=\"https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/Schema-investitori-progetto-sito.png\" alt=\"\" class=\"wp-image-268\"\/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\">\n<h2 class=\"wp-block-heading has-text-align-center ext-animate--on\">Se appartiene alla categoria degli investitori professionali o istituzionali<\/h2>\n\n\n\n<p class=\"ext-animate--on\" style=\"margin-top:1.5rem\">Di fianco \u00e8 riportata una sintesi del processo attraverso il quale \u00e8 possibile aderire ai nostri progetti in qualit\u00e0 di investitore.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignfull is-style-ext-preset--group--natural-1--section has-background-background-color has-background is-layout-constrained wp-block-group-is-layout-constrained\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--70);padding-bottom:var(--wp--preset--spacing--70)\">\n<div class=\"wp-block-columns alignwide are-vertically-aligned-center is-layout-flex wp-container-core-columns-is-layout-174606dc wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image alignleft size-large is-style-ext-preset--image--natural-1--image-1--content-right ext-animate--on\"><img decoding=\"async\" width=\"1024\" height=\"611\" src=\"https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/Schema-progetto-investitori-sito-1024x611.png\" alt=\"\" class=\"wp-image-283\" srcset=\"https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/Schema-progetto-investitori-sito-1024x611.png 1024w, https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/Schema-progetto-investitori-sito-300x179.png 300w, https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/Schema-progetto-investitori-sito-768x459.png 768w, https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/Schema-progetto-investitori-sito-1536x917.png 1536w, https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/Schema-progetto-investitori-sito-18x12.png 18w, https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/Schema-progetto-investitori-sito.png 1623w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\">\n<h2 class=\"wp-block-heading has-text-align-center ext-animate--on\">Se \u00e8 promotore di un progetto nel settore energetico o industriale<\/h2>\n\n\n\n<p class=\"ext-animate--on\" style=\"margin-top:1.5rem\">Se dispone di un progetto energetico o industriale e desidera reperire capitali per la sua realizzazione, di seguito sono descritti i principali passaggi.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<\/div>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<\/div>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<div class=\"wp-block-group alignwide is-style-ext-preset--group--natural-1--section has-background-background-color has-background is-vertical is-content-justification-center is-layout-flex wp-container-core-group-is-layout-d6e15443 wp-block-group-is-layout-flex\" style=\"margin-top:0;margin-bottom:0;padding-top:var(--wp--preset--spacing--70);padding-bottom:var(--wp--preset--spacing--70)\">\n<div class=\"wp-block-group alignwide ext-is-logical-start is-content-justification-left is-layout-constrained wp-container-core-group-is-layout-20186816 wp-block-group-is-layout-constrained\">\n<h2 class=\"wp-block-heading has-text-align-center ext-animate--on\">Domande frequenti<\/h2>\n\n\n\n<p class=\"ext-animate--on\">Questa sezione fornisce risposte alle domande frequenti, aiutando gli utenti a trovare rapidamente e facilmente le informazioni di cui hanno bisogno.<\/p>\n\n\n\n<p><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-08c01c1c wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center ext-animate--on is-layout-flow wp-container-core-column-is-layout-119bc444 wp-block-column-is-layout-flow\">\n<div class=\"wp-block-group is-style-ext-preset--group--natural-1--item-card-1--align-start is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-style-default is-layout-constrained wp-block-group-is-layout-constrained\">\n<h3 class=\"wp-block-heading\">Cos\u2019\u00e8 un AMC?<\/h3>\n\n\n\n<p>Un AMC (Actively Managed Certificates) svizzero \u00e8 un certificato finanziario emesso da una banca, che replica una strategia o un portafoglio gestito attivamente. \u00c8 molto pi\u00f9 flessibile e veloce da creare rispetto ad un fondo classico; consente agli investitori internazionali di accedere a progetti energetici e industriali selezionati, con un approccio efficiente e istituzionale.<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column ext-animate--on is-layout-flow wp-container-core-column-is-layout-119bc444 wp-block-column-is-layout-flow\">\n<div class=\"wp-block-group is-style-ext-preset--group--natural-1--item-card-1--align-start is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-style-default is-layout-constrained wp-block-group-is-layout-constrained\">\n<h3 class=\"wp-block-heading\">Cos\u2019\u00e8 una cartolarizzazione?<\/h3>\n\n\n\n<p>Una cartolarizzazione \u00e8 un\u2019operazione finanziaria in cui si trasformano i flussi di denaro futuri in titoli (<strong><u>bond<\/u><\/strong>) vendibili agli investitori.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group is-style-default is-layout-constrained wp-block-group-is-layout-constrained\">\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Cos\u2019\u00e8 una SPV?<\/h3>\n\n\n\n<p>Una SPV (Special Purpose Vehicle) \u00e8 una societ\u00e0 creata apposta per uno scopo specifico. Ciascun progetto ha la sua SPV e ci\u00f2 detiene numerosi vantaggi: isolamento del rischio, trasparenza operativa e gestione efficiente dei flussi finanziari.<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns alignwide are-vertically-aligned-center is-layout-flex wp-container-core-columns-is-layout-967d05ff wp-block-columns-is-layout-flex\" style=\"margin-top:var(--wp--preset--spacing--40)\">\n<div class=\"wp-block-column is-vertically-aligned-center ext-animate--on is-layout-flow wp-container-core-column-is-layout-119bc444 wp-block-column-is-layout-flow\">\n<div class=\"wp-block-group is-style-ext-preset--group--natural-1--item-card-1--align-start is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-style-default is-layout-constrained wp-block-group-is-layout-constrained\">\n<h3 class=\"wp-block-heading\">Perch\u00e9 la Svizzera?<\/h3>\n\n\n\n<p>Perch\u00e9 la Svizzera \u00e8 molto forte su: private banking, finanza internazionale e inoltre dispone di una struttura altamente specializzata nel settore, consolidata da anni di esperienza.<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center ext-animate--on is-layout-flow wp-container-core-column-is-layout-119bc444 wp-block-column-is-layout-flow\">\n<div class=\"wp-block-group is-style-ext-preset--group--natural-1--item-card-1--align-start is-layout-grid wp-container-core-group-is-layout-478b6e6b wp-block-group-is-layout-grid\"><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns alignwide is-layout-flex wp-container-core-columns-is-layout-967d05ff wp-block-columns-is-layout-flex\" style=\"margin-top:var(--wp--preset--spacing--40)\">\n<div class=\"wp-block-column ext-animate--on is-layout-flow wp-container-core-column-is-layout-119bc444 wp-block-column-is-layout-flow\"><\/div>\n\n\n\n<div class=\"wp-block-column ext-animate--on is-layout-flow wp-container-core-column-is-layout-119bc444 wp-block-column-is-layout-flow\"><\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-media-text is-stacked-on-mobile is-style-default\"><figure class=\"wp-block-media-text__media\"><img decoding=\"async\" width=\"470\" height=\"611\" src=\"https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/Immagine-2026-05-13-165202.png\" alt=\"\" class=\"wp-image-680 size-full\" srcset=\"https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/Immagine-2026-05-13-165202.png 470w, https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/Immagine-2026-05-13-165202-231x300.png 231w, https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/Immagine-2026-05-13-165202-9x12.png 9w\" sizes=\"(max-width: 470px) 100vw, 470px\" \/><\/figure><div class=\"wp-block-media-text__content\">\n<p><strong>Perch\u00e8 le SPV non sono fallibili?<br><\/strong>Le SPV utilizzate nelle operazioni di cartolarizzazione sono strutturate per essere \u201cbankruptcy remote\u201d, ovvero separate dal rischio di insolvenza del cedente o dello sponsor.<\/p>\n\n\n\n<p>Anche il provvedimento della Banca d\u2019Italia definisce infatti la societ\u00e0 veicolo come un soggetto \u201cisolato dal rischio di fallimento o di ogni altro genere di insolvenza che possa riguardare il cedente\u201d, come si pu\u00f2 notare nella sezione evidenziata qua a fianco.<\/p>\n\n\n\n<p>Cliccando sul pulsante seguente potrete trovare l&#8217;intero documento rilasciato dalla Banca d&#8217;Italia.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-text-align-center wp-element-button\" href=\"https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/Provvedimento-SPV-sito.pdf\">Leggi l&#8217;articolo<\/a><\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<h1 class=\"has-text-align-center wp-block-site-title\"><a href=\"https:\/\/acofi.it\/it_it\" target=\"_self\" rel=\"home\">A.C.O.F.I.<\/a><\/h1>\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"512\" height=\"512\" src=\"https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/cropped-Logo-ACOFI.png\" alt=\"\" class=\"wp-image-547\" style=\"width:259px;height:auto\" srcset=\"https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/cropped-Logo-ACOFI.png 512w, https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/cropped-Logo-ACOFI-300x300.png 300w, https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/cropped-Logo-ACOFI-150x150.png 150w, https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/cropped-Logo-ACOFI-12x12.png 12w, https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/cropped-Logo-ACOFI-270x270.png 270w, https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/cropped-Logo-ACOFI-192x192.png 192w, https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/cropped-Logo-ACOFI-180x180.png 180w, https:\/\/acofi.it\/wp-content\/uploads\/2026\/05\/cropped-Logo-ACOFI-32x32.png 32w\" sizes=\"(max-width: 512px) 100vw, 512px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Contatti:    info@acofi.it<\/h2>\n\n\n\n<p>\u00a9Copyright. Tutti i diritti riservati.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Se appartiene alla categoria degli investitori professionali o istituzionali Di fianco \u00e8 riportata una sintesi del processo attraverso il quale \u00e8 possibile aderire ai nostri progetti in qualit\u00e0 di investitore. Se \u00e8 promotore di un progetto nel settore energetico o industriale Se dispone di un progetto energetico o industriale e desidera reperire capitali per la [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_angie_page":false,"footnotes":""},"class_list":["post-263","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/acofi.it\/it_it\/wp-json\/wp\/v2\/pages\/263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/acofi.it\/it_it\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/acofi.it\/it_it\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/acofi.it\/it_it\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/acofi.it\/it_it\/wp-json\/wp\/v2\/comments?post=263"}],"version-history":[{"count":141,"href":"https:\/\/acofi.it\/it_it\/wp-json\/wp\/v2\/pages\/263\/revisions"}],"predecessor-version":[{"id":844,"href":"https:\/\/acofi.it\/it_it\/wp-json\/wp\/v2\/pages\/263\/revisions\/844"}],"wp:attachment":[{"href":"https:\/\/acofi.it\/it_it\/wp-json\/wp\/v2\/media?parent=263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}