Financing to support Low Carbon’s growth

Intesa Sanpaolo’s IMI Corporate & Investment Banking Division has participated, together with a pool of international banks, in a financing transaction of over half a billion pounds (approximately EUR600 M) in favour of Low Carbon, a leading renewable energy company, which included: 

• a 10-year senior facility supporting a 1 GW portfolio of solar plants and energy storage systems
• a 5-year HoldCo facility dedicated to development activities.

The transaction supports Low Carbon’s growth strategy, which aims to develop an operational portfolio of 3 GW of renewable energy assets over the coming years.

The Intesa Sanpaolo Group confirms its commitment to supporting the development of sustainable energy infrastructure and the transition towards a low-carbon economy.