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Sibeg 10mln sustainable development Sicily

S-Loan of €10 mln with SACE in support of carbon neutrality investments

The image accompanying the News on the €10 million S-Loan for the "green" growth of Sibeg Coca-Cola, with SACE, portrays some glass bottles of Coca-Cola

Intesa Sanpaolo is supporting the sustainable development projects of Catania-based Sibeg Coca-Cola with a €10-million S-Loan.

The loan, backed by a SACE Supportitalia Guarantee, supports the company's multi-year investment plan, which calls for:

  • carbon neutrality by 2026, with greater use of renewable energy sources
  • a new aseptic line to boost production and employment in Sicily   

Sibeg Coca-Cola is a Catania-based company that has been producing, developing and distributing all The Coca-Cola Company branded products in Sicily since 1960.

The Intesa Sanpaolo S-Loan is an instrument specifically designed to support SME investments in sustainability, characterised by a mechanism that rewards the achievement of shared ESG (Environmental, Social, Governance) objectives through a discount on the cost of the financing.

 

Photo credits: Ajdin Kamber - stock.adobe.com

 

Last updated 17 April 2023 at 15:22:10

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