La Intesa Sanpaolo Imi Corporate & Investment Banking Division in the first 10 months of 2024 it is among the top 15 banks in the world and among the top 10 on the EMEA market for transaction volumes in the field Project Finance.
The division of the group led by Carlo Messina has, in fact, participated in operations for a total amount of approximately 30 billion euros globally (about 15% of the market) and for over 16 billion euros at EMEA level (about 20% of the market).
In Spain 13 strategic projects in energy and infrastructure
In Spanish market, in particular, in the last two years Imi Cib has participated in significant financial operations, including 13 strategic projects in the energy and infrastructure sectors for a total value of approximately 27 billion euros. In 2024, Intesa Sanpaolo will be confirmed among the top 10 banks in syndicated loans in Spain. “Confirming the active role of the group in this market, the IMI CIB Division – explains the note – has taken part in the placement of several bonds in recent months, both corporate and institutional, including those for CriteriaCaixa, Iberdrola, Naturgy, Santander and Abertis for a total of over 7 billion euros”.
“The energy and infrastructure sectors are increasingly crucial for growth as they provide the basis for sustainable development, improve competitiveness and drive innovation. Hence the need to support significant investments and increasingly close collaboration between the public and private sectors,” Intesa continues.
Mauro Micillo, Chief of the Imi Cib Division of Intesa Sanpaolo, said: “To support the transition, a constant and far-sighted commitment is essential on two aspects that I believe must coexist and reinforce each other: on the one hand, attracting resources to finance strategic investments and, secondly, implementing the structural reforms needed to strengthen Europe's competitiveness and growth. This process, although complex and challenging, represents aopportunities for the future of Italy and Spain and, therefore, we are all called to do our part. Financial institutions, first and foremost, can act as drivers of change, supporting businesses to innovate and grow, thus contributing to the growth of a more competitive and resilient Europe”.
