Intesa Sanpaolo's IMI Corporate & Investment Banking Division has signed a EUR 400M credit line linked to ESG indicators for Terna S.p.A.
The five-year loan has an interest rate also linked to Terna's performance relative to specific environmental, social and governance objectives.
The deal confirms the commitment of the Intesa Sanpaolo Group, led by CEO Carlo Messina, to accelerate the transition to a low-emissions economy.