Intesa Sanpaolo and SACMI, an international leading group in industrial plant engineering, have signed a EUR 40M financing agreement for the achievement of specific environmental sustainability and circular economy objectives.
The credit line, structured by the IMI Corporate & Investment Banking Division, has a term of 8 years and is characterized by a pricing mechanism linked to the achievement of specific circular economy targets, such as the reduction of energy consumption, recovery of waste materials, use of compostable materials and reduction of polluting emissions.
80% of the financing is guaranteed by the SACE “Green Guarantee” since the interventions fall within the objectives of the Green New Deal, the plan that promotes a circular, modern, sustainable and resilient Europe.
Read the Press Release.
