INTESA SANPAOLO IMI CIB: ENERGY AND INFRASTRUCTURE AT THE HEART OF STRATEGIES IN SPAIN

• IMI Corporate & Investment Banking Division confirms its position as one of the top 10 banks in EMEA in terms of volume of project finance transactions in 2024.
  
• Investment support in the energy and infrastructure sectors in the Spanish market, where it participated in 13 projects of international significance worth an approximate total of €27 billion.
  
• Mauro Micillo (Chief of the IMI CIB Division of Intesa Sanpaolo): "Attracting resources and implementing the necessary structural reforms to strengthen Europe's competitiveness and growth are crucial to supporting the transition.
  

Milan, 9 December 2024 - Intesa Sanpaolo's IMI Corporate & Investment Banking Division confirms its role in supporting investments in strategic sectors such as energy and infrastructure in the Spanish market.

In the area of Project Finance, the main way to finance such initiatives, IMI CIB Division was among the top 15 banks worldwide and among the top 10 in the EMEA market in the first 10 months of 2024. The Division of the Group, led by the CEO Carlo Messina, participated in transactions totalling around €30 billion globally (around 15% of the market) and more than €16 billion in EMEA (around 20% of the market).

In the Spanish market over the last two years, IMI CIB has participated in major financial transactions, including 13 strategic projects in the energy and infrastructure sectors with a total value of around €27 billion. In 2024, Intesa Sanpaolo is confirmed among the top 10 banks in the syndicated loans in Spain.

Confirming the Group's active role in this market, IMI CIB Division has contributed to the placement of several bonds, both corporate and institutional, in recent months, including those for CriteriaCaixa, Iberdrola, Naturgy, Santander and Abertis for a total of over €7 billion.

The energy and infrastructure sectors are increasingly crucial for growth because they provide the basis for sustainable development, improve competitiveness and drive economic innovation. Hence the need to support large investments and ever closer public-private collaboration.

Mauro Micillo, Chief of Intesa Sanpaolo's IMI CIB Division, commented: "In order to support the transition, a constant and far-sighted commitment on two aspects is crucial, which I believe should coexist and reinforce each other: firstly, the attraction of resources to finance strategic investments and, secondly, the implementation of the structural reforms needed to strengthen Europe's competitiveness and growth. This process, although articulated and challenging, represents an opportunity for the future of Italy and Spain and, therefore, we are all called upon to play our part. Financial institutions, first and foremost, can drive change, supporting companies to innovate and grow, thus contributing to the growth of a more competitive and resilient Europe”.

The activities and results of the IMI CIB Division in Spain make it one of the leading corporate and investment banks in the country, with a consolidated presence for more than 50 years, which underlines the Group's long-standing commitment to this market, as well as its extensive experience in working with Spanish and international companies. The Madrid branch, part of the International Network of the IMI CIB Division, offers financial services and products to major Spanish groups, as well as to Spanish subsidiaries of large Italian and international companies, financial institutions, funds and investors.

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Media Relations

Intesa Sanpaolo

Corporate & Investment Banking and Governance Areas

stampa@intesasanpaolo.com