€40 mln financing to SACMI with a green SACE guarantee

Funding to SACMI aims at redefining the company’s business strategies with a focus on innovation and sustainability

Intesa Sanpaolo has signed an agreement with SACMI, international leader in the industrial plant engineering sector, to provide financing of €40 million that will enable the company to achieve specific environmental sustainability and circular economy objectives.

The eight-year credit facility is characterized by a pricing mechanism linked to the achievement of defined ESG (Environmental, Social e Governance) targets, in the energy consumption, the recovery of waste, the use of compostable materials and the containment of polluting emissions.

The financing is backed by a SACE Green Guarantee covering 80% of the financed amount, as tasks are in line with the objectives of the Italian Green New Deal, the plan promoting a circular, modern, sustainable and resilient Europe.

The transaction was handled by Intesa Sanpaolo’s IMI Corporate & Investment Banking Division, with the support of the Circular Economy Team of Intesa Sanpaolo Innovation Center, the Group’s innovation company.