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€250 mln financing to Terna

Intesa Sanpaolo supports Terna with a €250 million ESG Linked loan

The image accompanying the news about the financing for Terna shows the crystal façade of a modern building from a lush green garden, with four people—two men and two women—standing and conversing behind it

Intesa Sanpaolo has signed an ESG-linked loan of €250 million in favour of Terna S.p.A., operating in the planning, development and maintenance of the high-voltage electricity grid in Italy.

The financing is realised through a 5-year Revolving Credit Facility Agreement, and is linked to a premium/penalty mechanism based on the performance of specific environmental, social and governance ('ESG') indicators.

The transaction confirms the Intesa Sanpaolo Group's commitment to supporting the sustainable transition of enterprises. 

Last updated 29 May 2024 at 13:37:00

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