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Reference: 20180715
Release date: 19 February 2019

Promoter – Financial Intermediary

INTESA SANPAOLO SPA

Location

Description

The project consists of a framework loan financing Circular Economy projects carried out by SMEs and Midcaps in line with Intesa Sanpaolo's Circular Economy programme.

Objectives

The operation comprises a multi-scheme Framework Loan in Italy to co-finance projects that support the circular transition, e.g. by striving to preserve the value of products and materials as long as possible, and minimise resource use and waste generation. These projects, to be carried out in various sectors such as food, energy, mobility, fashion, built environment, consumer goods and industrial manufacturing, will also represent several circular business models, ranging from resource recovery to product-to-service and leasing/sharing models.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 250 million

Total cost (Approximate amount)

EUR 625 million

Environmental aspects

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Status

Signed - 28/05/2019

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Italy Credit lines