Intesa Sanpaolo supports the ESG investments of LU-VE with €30 mln

The image accompanying the News on support for ESG investments by LU-VE with €30 million, portrays large trees with thick and verdant foliage in a meadow, with the sun filtering through their branches

Intesa Sanpaolo is supporting the sustainable growth projects of LU-VE Group with two S-Loans of €15 million each, for a total of €30 million: the loans will go to finance plans to develop and produce high-efficiency refrigeration and air-conditioning systems based on natural refrigerants with a low environmental impact.

LU-VE Group, a multinational based in Varese that is among the world's leading players in the air-to-air heat exchanger sector, plans to adopt a “Green Procurement Policy”, in addition to keeping a predetermined percentage of reduced environment impact vehicles in its company fleet, as ESG goals tied to the S-Loan Climate Change financing received.

The two loans benefit from the SACE Green Guarantee and are part of the €1 billion in financing made available by Cassa Depositi e Prestiti to facilitate credit for SMEs and mid-caps.