(AGENPARL) – lun 28 agosto 2023 PRESS RELEASE
INTESA SANPAOLO, CDP, BPER AND SACE SUPPORT TPER’S GREEN
DEVELOPMENT PLANS
Two loans totalling €80 million for increasing the efficiency and the
sustainable renewal of the Emilia-Romagna’s public transport company’s fleet
The loans have a pricing mechanism linked to the attainment of specific ESG
goals
Bologna, 28 August 2023 – Investing in development plans to promote the energy
transition and sustainable mobility. This is the goal of the €65 million loan granted by
Intesa Sanpaolo, Cassa Depositi e Prestiti (CDP) and BPER Banca to TPER
(Trasporto Passeggeri Emilia-Romagna), the largest public passenger transport
company in the region in terms of numbers and service volumes.
Furthermore, Intesa Sanpaolo and TPER granted a second bilateral loan of €15 million,
80% backed by SACE’s Green Guarantee, bringing the resources available to the
company to €80 million overall.
The loans feature a pricing mechanism linked to the attainment of specific goals in the
field of ESG (Environmental, Social, Governance). The proceeds of the transactions will
support investments to renew the fleet, focusing in particular on hydrogen and electric
power and forming part of TPER’s 2023-2026 growth programme.
The company’s development plan, partly financed by access to government grants
including funds linked to the National Recovery and Resilience Plan, envisages
investments of more than €430 million and the purchase of 582 new buses, replacing
around 49% of the existing fleet.
For Intesa Sanpaolo, the transaction was structured by the IMI Corporate & Investment
Banking Division, which acted as Lead, Mandated Lead Arranger, Agent Bank and
Sustainability Coordinator, confirming the Bank’s commitment to supporting the energy
transition.
For CDP, which acted as Mandated Lead Arranger, the initiative, structured by the
Infrastructure Area, confirms the Institution’s role as the financial backer of Italy’s
infrastructure and is intended to encourage the development of sustainable mobility,
contributing to the protection of the environment and the territories.
Giuseppina Gualtieri, Chairwoman and Chief Executive Officer of Tper, said: “We
are continuing to invest in order to reinforce our role as an active subject of an
“integrated and intermodal mobility ecosystem” in the territory; a role that is not only
performed with buses and trains but also with the development of digital platforms and
new technologies for mobility that is increasingly in line with people’s needs, such as the
Roger app and the contactless payment systems, and through the management of the
“Corrente” electric vehicle sharing services: not only cars, but also recently scooters.
The trust and support of the credit world allow us to make strategic investments that will
further reinforce, including in the short term, our concrete commitment to increasingly
integrated and strategic mobility for the territory in which we operate.”
“We are delighted to be able to support such an important company as TPER and its
virtuous development plan,” said Michele Sorrentino, Italian Network Manager of
Intesa Sanpaolo’s IMI Corporate & Investment Banking Division. “Supporting
investments in the public transport sector means contributing to the reduction of polluting
emissions and the improvement of the quality of services delivered in the territory, both
to the benefit of the people who use them every day, and more generally in support of
tourism. Encouraging the transition to green and sustainable mobility in our cities is an
issue of which the Intesa Sanpaolo Group is particularly aware and sensitive, knowing
that it is a fundamental prerequisite for the economic growth of the entire country, in line
with the goals of the NRRP.”
“We are particularly proud to grant this loan with the goal of supporting the growth of
such a solid company with a strategic role in the social and economic development of the
territory,” said Carlo Lamari, CDP Infrastructure Manager. “The investments that
will be made thanks to the resources made available will not only contribute to improving
the air quality but will also produce indirect effects, such as reducing the traffic and
increasing road safety thanks to the greater accessibility of public transport services. As
CDP, we believe it is fundamental to continue to invest in efficient, innovative and
inclusive infrastructure, such as public transport, increasingly directing our commitment
to the energy transition.”
“Our support for a historic and important organisation such as TPER moves in a very
precise direction. That of concretely supporting companies that want to invest in order
to reduce polluting emissions and offer an increasingly punctual and quality service.
BPER Banca has long been at the side of national businesses that want to improve their
energy performance and thereby increase productivity with an eye on green policies. Our
division is working constantly in this direction to offer increasingly satisfying services,”
added Marco Mandelli, Chief Corporate & Investment Banking Officer of BPER
Banca, head of the Management behind the transaction.
SACE is playing a front-line role in Italy’s ecological transition. The company can issue
green guarantees on domestic projects in order to facilitate the transition to an economy
with less environmental impact, integrate production cycles with low-emission
technologies for the production of sustainable goods and services and promote initiatives
aimed at the development of a new mobility with less polluting emissions. This
transaction is part of the green convention between SACE and Intesa Sanpaolo, in which
SACE provides a guarantee to cover loans both for the purpose of major industrial
conversion projects and for SMEs that intend to reduce their environmental impact and
begin a sustainable transformation.
Intesa Sanpaolo
Intesa Sanpaolo is Italy’s leading banking group – serving families, businesses and the real economy – with a
significant international presence. Intesa Sanpaolo’s distinctive business model makes it a European leader in Wealth
Management, Protection & Advisory, highly focused on digital and fintech, in particular with Isybank, the Group’s
digital bank. An efficient and resilient Bank, it benefits from its wholly-owned product factories in asset management
and insurance. The Group’s strong ESG commitment includes providing €115 billion in impact lending by 2025 to
communities and for the green transition, and €500 million in contributions to support people most in need, positioning
Intesa Sanpaolo as a world leader in terms of social impact. Intesa Sanpaolo is committed to Net Zero by 2030 for its
own emissions and by 2050 for its loan and investment portfolios. An engaged patron of Italian culture, Intesa Sanpaolo
has created its own network of museums, the Gallerie d’Italia, to host the bank’s artistic heritage and as a venue for
prestigious cultural projects.
News: group.intesasanpaolo.com/it/sala-stampa/news