Supporting Salov’s sustainability investments with a €5-mln S-Loan

The image that accompanies the News on SACE's Green Guarantee loan in Salov to build a new generation edible oil storage facility, portrays the hands of a young man who are picking olives from the tree

Intesa Sanpaolo is supporting Salov’s sustainable growth projects with a €5-million S-Loan backed by a SACE Green Guarantee.

Thanks to the financing, Salov – an industrial group based in Lucca, Italy and one of the world’s leading players in the olive oil sector – will be able to build a new-generation facility for storing food oils, capable of mitigating the possible harmful effects of seasonal temperature fluctuations that affect product quality.

S-Loans are innovative financing instruments dedicated to companies’ sustainability investments: they are characterised by a bonus mechanism that grants a discount on the cost of the financing if specific ESG (Environmental, Social and Governance) targets are met.