Intesa Sanpaolo finalized a loan agreement in favor of the Tauron Group, the largest Polish distributor of energy, for a value of approximately 175 million euro for a duration of five years. The transaction is intended to support the company's investments in the development of renewable energy and electricity distribution, including the modernization of its network and the connection of new customers using the latest environmentally friendly technologies.
The operation, managed by the Corporate and Investment Banking Division of Intesa Sanpaolo led by Mauro Micillo - and structured by Banca IMI London and the Warsaw branch of the CIB Division - is one of the first of its kind on the Polish market and confirms the commitment of the Intesa Sanpaolo Group in spreading the culture of sustainability in the countries in which it operates.
Thanks to this operation Tauron realizes, in fact, the first major 'green' project inspired by principles of environmental sustainability, confirming its commitment to achieving the 2025-2030 energy transition objectives envisaged in the business plan and at the same time helping to support the country's energy transformation.
