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S-Loan of €2.4 million for sustainable projects at Cartiere Modesto Cardella

The image accompanying the S-Loan News to Cartiere Modesto Cardella Spa for the construction of a new plant that will produce bio-methane from industrial wastewater portrays a man and a woman side by side, wearing protective equipment such as jackets, helmets and glasses, while checking large round cardboard packaging

Intesa Sanpaolo has provided €2.4 million S-Loan financing with SACE Green Guarantee to Cartiere Modesto Cardella Spa of Lucca for the construction of a new plant that will produce bio-methane from industrial waste-water: the bio-methane produced will then be fed into the national natural gas grid and used for transport throughout Italy.

The deal benefits from SACE's 80% Green Guarantee and S-Loans are instruments designed by Intesa Sanpaolo to support virtuous SMEs in achieving ESG objectives.

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