Agreement with Enel X for the development of renewable energy communities

Intesa Sanpaolo and Enel X have signed an agreement to support and facilitate SMEs' investments in green energy through a specific project that aims to promote the spread of Renewable Energy Communities. This synergy is in line with the objectives of the NRRP (National Recovery and Resilience Plan) and the European Green Deal.

The agreement is in addition to the collaboration for the development of agrisolar parks signed last February and once again represents the synergy between Intesa Sanpaolo and Enel X to support the sustainable energy transition of its customers, not only environmentally but also socially, as is the case in energy communities.

The collaboration with Enel X is a first partnership as part of Intesa Sanpaolo's strategy to offer Italian companies the support of selected partners and promote Renewable Energy Communities on the territory and in private spaces (there are more than 100,000 Italian industrial roofs available to accommodate photovoltaic systems).

The agreement is an implementation tool of Motore Italia Transizione Energetica, Intesa Sanpaolo's programme to encourage investment in energy from renewable sources; to this type of projects Intesa Sanpaolo has dedicated EUR 76Bn of the more than EUR 410Bn overall allocated to support the NRRP.

Companies that decide to invest in green energy by placing photovoltaic panels on the roofs of their warehouses, become an energy producer, obtaining a series of direct and indirect benefits such as: savings from self-consumption, revenues from energy fed into the grid, revenues from incentives for the shared energy portion that are recognised and shared among all members of the Renewable Energy Community.

Now, interested companies can count on the specialisation of Enel X as an accelerator in the process of disseminating renewable energy communities, as well as on the experience of the Energy specialists of the IMI Corporate & Investment Banking Division.

To get more information read the Press Release.

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