ISP PAN-EU REPOWEREU FL

Promoter – Financial Intermediary

INTESA SANPAOLO SPA

Location

• Italy
• EU Countries

Description

The operation concerns a Framework Loan to Intesa Sanpaolo for the purpose of financing investments into renewable projects mainly in Italy and other EU countries.

Objectives

This project supports national and European targets related to renewable energy (RE) generation, and it will hence contribute to EU energy objectives, notably security of energy supply and tackling climate change.

Sector(s)

• Energy - Electricity, gas, steam and air conditioning supply

Proposed EIB finance (Approximate amount)

EUR 500 million

Total cost (Approximate amount)

EUR 670 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

Under appraisal - 20/01/2025