S-Loan of €10 mln with SACE in support of carbon neutrality investments
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 15:22:11