Intesa Sanpaolo-Cncc (shopping centres) agreement for 'green' transition

Agreement between Intesa Sanpaolo and the National Council of Shopping Centres (the body that brings together the operators and managers of shopping centres). The aim is to direct member companies - a potential audience of 1274 shopping centres, covering 19.9 million of total useful commercial surface area, more than 40,000 activities and 561,000 employees - towards the installation of photovoltaic systems and "green" investments in renewable energy, encouraging the spread of Renewable Energy Communities

Under the agreement, participating companies will be accompanied by Intesa Sanpaolo and specialised partners in their renewable energy investment projects through dedicated solutions such as S-Loan CER and S-Loan Progetti Green, which provide for bonuses on rate conditions upon the achievement of sustainability objectives shared between bank and company. S-Loan CER, in particular, is dedicated to the realisation of renewable energy plants and the consequent making available of the energy thus self-produced in favour of the reference Renewable Energy Community, while S-Loan Progetti Green supports all types of corporate investments capable of generating a positive environmental impact on processes, infrastructures, technologies, services and products, also for collective self-consumption configurations.

Among the solutions identified to support the energy transition, the operational rental of photovoltaic panels, proposed in collaboration with Intesa Sanpaolo's RentforYou company, is of particular relevance. Rental represents a solution in which the sustainability and circularity component is reinforced, as an alternative or complementary solution to direct investment in the logic of financial optimisation.

"This agreement," said Anna Roscio, executive director of Sales & Marketing Imprese Intesa Sanpaolo, "combines the strength of the solutions proposed by our Group with the potential expressed by the member companies of the National Council of Shopping Centres, which can take on a central role as the energy community of the area by aggregating demand and investing in green facilities, becoming increasingly aware of the benefits of sustainability for the success of the company and the impact it generates on the local economy. In the last three years, we have provided almost EUR 10 billion in loans to Italian SMEs for investments in sustainability.

"We are very pleased with this agreement," added Roberto Zoia, President of the National Council of Shopping Centres, "which provides concrete solutions to help our members act more efficiently in implementing energy transition initiatives, as well as making a contribution to achieving the challenging targets set by European standards.