ESG modernization of Ferrovie dello Stato network

Intesa Sanpaolo's IMI Corporate & Investment Banking Division has signed a EUR 2Bn financing with Ferrovie dello Stato to support the modernization of the railway infrastructure.

The maintenance work will be fully compliant with ESG principles and linked to projects capable of delivering significant environmental and social benefits.

The four-years credit line benefits from an autonomous first-demand guarantee issued by SACE on 50% of the financed expenses that are eligible for recourse to the ‘Archimede guarantee’, which covers infrastructure and production investments made in Italy, promoting the growth and competitiveness of Italian companies and the Country System.

The transaction confirms the Intesa Sanpaolo Group's ongoing commitment, led by CEO Carlo Messina, to encouraging investment in sustainable infrastructure, a factor in the growth and development of the country system.