Intesa Sanpaolo as financial advisor in SGI’s €775m refinancing

The image accompanying the News on the €775 million pool refinancing in favor of Società Gasdotti Italia (SGI) portrays two men wearing protective helmets while carrying out checks on some pipes.

25 July 2025

Intesa Sanpaolo, through its IMI Corporate & Investment Banking Division, assisted Società Gasdotti Italia (SGI) as financial advisor in the €775 million refinancing designed to support the company’s growth plan and strengthen its financial position.

The refinancing will replace existing bank lines and finance new investment programmes, including key initiatives such as:

the refurbishment of some pipelines to increase safety and operational efficiency
the extension of the SGI transport network to facilitate the connection of new biomethane plants
the digital transformation of corporate infrastructures and assets.

Società Gasdotti Italia (SGI) is the leading independent operator in the gas transmission in Italy, with a network that stretches some 1,800 km, mainly in central and southern Italy.

The IMI CIB Division was also part of the pool of institutions providing the financing, which consisted of 12 international banks and 2 institutional investors.

With this transaction, Intesa Sanpaolo reaffirms its commitment to supporting strategic business investments for sustainable growth and the energy transition.