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    Reference: 20180715
    Release date: 19 February 2019

    Promoter – Financial Intermediary

    INTESA SANPAOLO SPA

    Location

    Description

    The project consists of a framework loan financing Circular Economy projects carried out by SMEs and Midcaps in line with Intesa Sanpaolo's Circular Economy programme.

    Objectives

    The operation comprises a multi-scheme Framework Loan in Italy to co-finance projects that support the circular transition, e.g. by striving to preserve the value of products and materials as long as possible, and minimise resource use and waste generation. These projects, to be carried out in various sectors such as food, energy, mobility, fashion, built environment, consumer goods and industrial manufacturing, will also represent several circular business models, ranging from resource recovery to product-to-service and leasing/sharing models.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 250 million

    Total cost (Approximate amount)

    EUR 625 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

    Signed - 28/05/2019

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Italy Credit lines