Support for sustainability investments by Italian Cable Company
Intesa Sanpaolo is supporting the sustainable growth projects of Italian Cable Company S.p.A. with a €7.5-million loan, backed by a SACE Green Guarantee, for investments aimed at:
- upgrading its photovoltaic system, which is already present and operational, raising its contribution to electricity needs from the current 7.3% to the target of 25%
- supporting green product production capacity.
Italian Cable Company S.p.A. is a leading Bergamo-based manufacturer of cables for the industrial and energy transport, special connections and cabling systems sectors.
Intesa Sanpaolo has already provided €1.6 billion to support virtuous SMEs in Lombardy in achieving their ESG objectives.
Last updated 12 January 2023 at 09:38:22