New €55 million ESG loan to Acque Bresciane

The image accompanying the news on the “Sustainability Linked Loan” of 55 million to Acque Bresciane, portrays a smiling young woman with long brown hair and light eyes who, helping herself with one hand, drinks some fresh water coming out of a public fountain

Intesa Sanpaolo, as Sustainability Coordinator, has signed a new €55 million loan with a pool of banks to Acque Bresciane, sole manager of Brescia's water service, which has been classified as a Benefit Company since 2022, with total public capital.

It is a “Sustainability Linked Loan”, with a pricing mechanism linked to ESG objectives, including the reduction of pollutant emissions and the reduction of water losses, which, in accordance with the 2030 Agenda, will allow Acque Bresciane to:

further improve the quality of tap water, encouraging plastic-free behaviour
implement the re-use of purified water and the reduction of sludge, thanks to innovative bio-drying techniques, are in the forefront.

The new line is in addition to the €202 million loan granted in October 2021.

BNL BNP Paribas, Banco BPM and BPER Corporate & Investment Banking also took part in the transaction.

Last updated 14 October 2024 at 16:00:15