INTESA SANPAOLO SUPPORTS THE DEVELOPMENT OF THE CAMPUS BIO-MEDICO UNIVERSITY OF ROME
WITH A LOAN OF 50 MILLION EURO. THE PROJECT FEATURES INNOVATIVE SUSTAINABILITY CHARACTERISTICS
- The transaction will be aimed at supporting the construction of new university infrastructure projects with sustainability and energy efficiency characteristics
- Richard Zatta (Head of the Global Corporate Department of the IMI CIB Division of Intesa Sanpaolo) said: "At a time like the present, which is profoundly marked by the effects of the pandemic, it becomes even more crucial to provide support to the healthcare sector, universities and scientific research"
- Giuseppe Garofano (Chairman of Campus Bio-Medico SpA, a Campus Bio-Medico University promoter) said:" The funds we intend to provide will be invested on the basis of a project that is consistent with the university’s mission to develop its training and service offerings based on a full sustainability paradigm"
Milan, 13 May 2021 - Intesa Sanpaolo and Campus Bio-Medico S.p.A., the organizations set up to promote the Campus Bio-Medico University of Rome, have signed a 50 million euro loan agreement for investments with innovative sustainability characteristics.
The financed investment plan involves the creation of new spaces and infrastructures for university education, training and scientific research all with characteristics of environmental sustainability and energy efficiency.
For Intesa Sanpaolo, this marks the conclusion of one more transaction that is part of the 6-billion-euro earmarked for the circular economy as envisaged by the 2018-2021 Business Plan. 200 Projects have already received funding within this context. The transaction was concluded by the Intesa Sanpaolo IMI Corporate and Investment Banking Division, headed by Mauro Micillo with the support of the Intesa Sanpaolo Innovation Center Circular Economy Desk, the company of the Group dedicated to innovating and spreading the circular economy.
"Supporting Italian excellence such as the Campus Bio-Medico University of Rome in its development projects gives Intesa Sanpaolo great pride and satisfaction," said Richard Zatta, Head of Global Corporate of the IMI Corporate & Investment Banking Division of Intesa Sanpaolo. At a time like the present, which is profoundly marked by the effects of the pandemic, providing support to the healthcare sector, universities and scientific research is even more crucial. The funded project will further expand the areas for university education with eco-sustainable and low environmental impact structures".
"A great crisis like the current one has uncovered how fragile our socio-economic system is, but it has also revealed the great opportunities for universities, as they find themselves spearheading the change towards greater technological, social, scientific knowledge and reflection on the fundamental values of our civic life, social organisation and commitment to the service of others - stated Giuseppe Garofano, Chairman of Campus Bio-Medico SpA – Promoter of the Campus Bio-Medico University of Rome. In this context, the funds we intend to provide will be invested on the basis of a project that is consistent with the university’s mission to develop its training and service offerings based on a full sustainability paradigm: environmental, economic, social and financial, forming the cultural infrastructure based on which we will pursue the long-term development plan of the university."
The transaction includes a tranche of around 30 million euro for the creation of green and mobility infrastructures and innovative spaces dedicated to university education, informal learning and campus life that will host university students as early as the 2022-23 academic year. The project envisages a significant improvement in energy efficiency both in new spaces and in the various related systems, which will make it possible to optimise solar radiation, regulate air renewal and also produce the heat required for heating, thus avoiding the use of natural gas.
A second tranche of 20 million euro will be used to extend the maturity and thus refinance the remainder of a previous mortgage granted to allow the construction of the hospital and university complex which today constitutes one of the country's medical, scientific and academic centres of excellence.
The Campus Bio-Medico University is composed of the Department of Medicine and Surgery (with degree courses in Italian and English, and 24 specialised schools), the Department of Engineering (offering the Chemical Engineering for Sustainable Development course, among others) and the Department of Science and Technology for humans and the environment (with a course specifically focused on the circular economy) attended by over 2,200 students. Its research laboratories host 50 research units, with around 400 researchers.
The Campus Bio-Medico University Hospital has 400 beds, 18 operating rooms, 70 outpatient clinics and a first-level emergency room (currently reconverted into a Covid Center with 100 dedicated beds). It is equipped with all the latest technological equipment for diagnosis and treatment.
To boost and support the Circular and Green Economy, Intesa Sanpaolo has developed a wide and diversified range of financing and advisory products, dedicated to all types of customers, in Italy and abroad. Projects receiving Intesa Sanpaolo loans for the circular economy must meet a number of criteria, including product life extension, renewable energy, resource optimisation, recyclable products and technologies that enable and foster this economic model. This allows the Bank to disburse loans at increasingly advantageous terms for customers, subject to verifying the achievement of the circular economy objectives.
Media Relations, Corporate & Investment Banking and Governance Areas
Last updated 13 May 2021 at 12:13