Green financing from Intesa Sanpaolo for the Tauron Group
With a loan in the green economy of around 175 million euros, Intesa Sanpaolo stands alongside the largest Polish energy distributor. Indeed, the Tauron Group will carry out its first "green project", investing in the development of renewable energies and modernizing its electricity distribution network by using the latest eco-sustainable technologies.
The financing was handled by Intesa Sanpaolo's Corporate and Investment Banking Division, led by Mauro Micillo, and structured by Banca IMI London and the Warsaw branch of the CIB Division. The Intesa Sanpaolo Group confirms its commitment to spreading the culture of environmental sustainability in the countries in which it operates.
The Tauron Group, one of the largest utilities in Poland, has a capitalization on the Warsaw Stock Exchange of over 600 million euros, 26 thousand employees and produces and distributes electricity to approximately 5.6 million customers. Thanks to this operation, Tauron confirms its energy transition objectives set in the business plan (2025-2030), contributing to the energy transformation of the country.
Last updated 28 January 2020 at 15:55:47
