08.03.2021

Intesa Sanpaolo is Sustainability Coordinator in favor of Feralpi Siderugica

The IMI Corporate & Investment Banking Division of Intesa Sanpaolo has concluded a five-year loan transaction of 40 million euros in favor of Feralpi Siderurgica S.p.A.

The financing, an operation under the Intesa Sanpaolo’s €6 billion dedicated Circular Economy facility, is dedicated to the installation of technological solutions aimed at reducing the consumption of raw materials and energy, reducing waste and accelerating the implementation of artificial intelligence capable of increasing the total efficiency of the plant.

The issue of environmental sustainability is increasingly central to business development strategies, which is why Intesa Sanpaolo is committed to supporting the country's ESG transformation and promoting the development of the circular economy on a global scale.

Read the press release.

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