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Understanding: with Sace 10 billion to SMEs for renewable energy

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(ANSA) – MILAN, JUN 29 – Intesa Sanpaolo and Sace have put in place a ceiling of 10 billion euros to encourage investments in renewable energy by all companies, especially small and medium-sized ones, in the agribusiness and third sector sectors The joint commitment is part of the initiatives in support of the NRP and focuses on one of the pillars of the intervention program, Motor Italia, launched a year ago by Intesa Sanpaolo to support SMEs.

In a phase in which it is necessary to diversify energy sources and reduce dependence on fossil fuels, the “shared goal is to support small and medium-sized enterprises in a path of self-production of energy, in addition to seizing the opportunities provided by government interventions”, Intesa Sanpaolo and Sace explain in a joint note.

The new initiative introduced by the bank led by Carlo Messina, in collaboration with Sace, provides for specific lines of action in favor of companies oriented towards the production of renewable energy, energy efficiency and the circular economy.

“The complexity of the current scenario has highlighted the risks of dependence on traditional energy sources and the need for diversification”, says Stefano Barrese, head of the Banca dei Territori of Intesa Sanpaolo.

“We at Sace work alongside small and medium-sized enterprises to accompany them in the necessary transition towards an economy with a lower environmental impact”, says Dario Liguti of Sace.


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Source: Ansa

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