Intesa Sanpaolo and SACE in the agreement with Saudi Electricity Company

Intesa Sanpaolo's IMI Corporate & Investment Banking Division, together with a pool of international banks, participated in the finalization of a USD 1billion Push Strategy initiative with SACE and Saudi Electricity Company (SEC), the leading electricity supplier in Saudi Arabia.

In this transaction, the IMI CIB Division acted as Sole Facility Coordinator, Sole Bookrunner, and Green Loan Coordinator, confirming its commitment to supporting projects related to the energy transition globally.

The initiative aims to strengthen trade relations between Italy and Saudi Arabia in the energy sector, thereby creating new opportunities for Italian companies.