Promote the energy transition and sustainable mobility. It is the goal of financing da 65 million signed by Intesa Sanpaolo, Cassa Depositi e Prestiti (Cdp) and B for Bank in favor of Tper (Emilia-Romagna Passenger Transport), a local company in the public passenger transport sector. Intesa Sanpaolo and Tper also signed a second bilateral loan of 15 million backed by a green guarantee by Sace to 80%, bringing the resources available to the company to a total of 80 million.
“Loans – communicates a note – are characterized by a pricing mechanism linked to the achievement of specific objectives in the ESG (Environmental, Social, Governance) area. The proceeds from the operations will support investments relating to the renewal of means of transport, aiming in particular athydrogen fuel ed power and will be part of Tper's 2023-2026 growth programme.
Tper's green development plans
The company's development plan, partly financed thanks to access to public grants, including funds linked to the Pnrr, envisages investments for over 430 million euros , replacement of 582 new busess, equal to about 49% of the existing fleet”.
For Intesa Sanpaolo, the transaction was structured by the IMI Corporate & Investment Banking Division, which acted as Lead Bank, Mandated Lead Arranger, Banca Agent and Sustainability Coordinator. While Cdp acted as Mandated Lead Arranger, structured by the Infrastructure Area.
Comments
"The support of the world of credit allows us to make strategic investments that will lead us, already in the short term, to further strengthen our concrete commitment for increasingly integrated and strategic mobility for the area in which we operate", he stated Josephine Gualtieri, president and CEO of Tper.
"Supporting investments in the public transport sector means contributing to the reduction of polluting emissions and the improvement of the quality of services provided in the area, both for the benefit of the people who use them in their daily lives, and more generally in support of tourism", he added Michele Sorrentino, Italian Network Manager of the IMI Corporate & Investment Banking Division of Intesa Sanpaolo.
Also Charles Lamari, Cdp Infrastructure Manager, intervened: "The investments that will be made thanks to the resources made available will not only contribute to the improvement of air quality, but will also have the indirect effect of reducing traffic and increasing road safety thanks to greater accessibility of public transport services”.
“Our support for a historical and important reality like Tper goes in a very precise direction. That of concretely supporting companies that want to invest to reduce polluting emissions, so as to be able to offer an increasingly punctual and quality service", concluded Marco Mandelli, Chief Corporate & Investment Banking Officer of Bper Banca, head of the Department that followed the operation.
Sace's role in the Italian ecological transition
The company can release green guarantees on domestic projects capable of facilitating the transition to an economy with a lower environmental impact, integrating production cycles with low-emission technologies for the production of sustainable goods and services and promoting initiatives aimed at developing new mobility with lower polluting emissions. This operation is part of the green agreement between Sace and Intesa Sanpaolo, in which Sace intervenes with a guarantee to cover loans intended both for large industrial conversion projects and for SMEs that intend to reduce their environmental impact and start a sustainable transformation.
