WIIT Secures €10 Million Loan with Green Guarantee from Intesa Sanpaolo for Sustainability Projects

WIIT Secures €10 Million Loan with Green Guarantee from Intesa Sanpaolo for Sustainability Projects

(IN BRIEF) WIIT S.p.A., a leading European enterprise cloud computing services provider, has received a €10 million loan with a Green Guarantee from Intesa Sanpaolo to support sustainability projects, specifically the pursuit of its Environmental Objectives under the WIIT4Climate initiative. The funding will be used for the purchase of new servers, storage, and software to meet the growing demands of digital traffic volumes efficiently and sustainably. Intesa Sanpaolo’s collaboration with SACE aims to promote a sustainable economy by supporting businesses, especially SMEs, in sustainability, innovation, and environmental impact reduction projects, aligning with the objectives of Italy’s National Recovery and Resilience Plan (PNRR).

(PRESS RELEASE) MILAN, 19-Jan-2024 — /EuropaWire/ — Sustainable growth is increasingly at the heart of the development projects of WIIT S.p.A. (“WIIT” or the “Company”; ISIN IT0005440893; WIIT.MI), one of the leading European players in the enterprise cloud computing services market, focused on the provision of continuous Hybrid and Private Cloud services for critical applications. A strategy shared by Intesa Sanpaolo, from which the company obtained a loan of 10 million euro, assisted by the SACE Green Guarantee. The intervention is part of the broader plan of Intesa Sanpaolo to support corporate investments in environmental transition and objectives related to PNRR.

The funding will support the pursuit of the Environmental Objectives (WIIT4Climate), specifically for the purchase of new servers, storage and software. The exponential increase in digital traffic volumes is in fact forcing ICT companies to adopt energy-efficient solutions and to move towards the production and procurement of energy from renewable sources. In line with this need, cloud providers and data centre companies are looking for innovative technology solutions to reduce business energy consumption.

For Intesa Sanpaolo, it is essential to promote the development of a sustainable economy and, thanks also to its collaboration with SACE, it supports businesses, especially SMEs, in sustainability, innovation and environmental impact reduction projects.

The Group launched the “Motore Italia Transizione Energetica” programme, which provides 76 billion euro of the 410 billion euro to support projects and investments in line with the PNRR objectives. The programme aims to foster the energy self-sufficiency processes of Italian companies with a specific project related to Renewable Energy Communities (REC).

SACE plays a leading role in Italy’s ecological transition. The company, in fact, can issue green guarantees on domestic projects that facilitate the transition to an economy with a lower environmental impact, integrate production cycles with low-emission technologies for the production of sustainable goods and services, and promote initiatives to develop a new, lower-emission mobility.

This operation, realised thanks to synergies with the SACE Network, is part of the green convention with Intesa Sanpaolo, in which SACE intervenes with a guarantee to cover financing intended both for large industrial reconversion projects and for SMEs wishing to reduce their environmental impact and undertake sustainable transformation.

“We are very proud that Intesa San Paolo and SACE have believed in our ESG project to 2030 and the disbursement of a 10 million euro loan with a Green Guarantee to support investments in sustainability projects and in particular, in the pursuit of Environmental Objectives (WIIT4Climate) is proof of this,” says Alessandro Cozzi, CEO of WIIT. “The appreciation that WIIT continues to receive from the financial community encourages us to set business growth targets that are increasingly integrated with sustainability with a medium- to long-term vision and, in this particular case, in fostering the energy autonomy processes of our Data Centers”.

“We want to support WIIT in this project since it has a positive impact on the territory and the community and demonstrates an innovative and sustainable business strategy,” said Pierluigi Monceri, Regional Director of Milan, Monza and Brianza Intesa Sanpaolo. “We continue to ensure financial support for investments in transformative green, energy and digital transition projects in line with the PNRR initiatives. Thanks to “Motore Italia Transizione Energetica”, our Group provides concrete support to businesses, generating economic, environmental, and social benefits for the community and fostering the development of new energy communities”.

WIIT S.p.A.

WIIT S.p.A., a company listed on the Euronext Star Milan (“STAR”) segment, is a leader in the cloud computing market. The company has a pan-European footprint and is present in key markets such as Italy and Germany, positioning itself among the main operators in the provision of innovative Hosted Private and Hybrid Cloud technological solutions. WIIT operates its own data centers in 6 regions – 4 in Germany and 2 in Italy – of which 2 are Premium Zone-enabled, i.e. with Tier IV data centers certified by the Uptime Institute and with the highest levels of security in the design phase. WIIT has 6 SAP certifications at the highest level of specialisation. The end-to-end approach allows the company to provide partner companies with personalised services, with high added value and with the highest safety and quality standards for the management of critical applications and operational continuity, guaranteeing maximum reliability in the implementation of the main international application platforms (SAP, Oracle and Microsoft). Since 2022, the WIIT Group has joined the United Nations Global Compact. (www.wiit.cloud)

Intesa Sanpaolo

Intesa Sanpaolo is the largest banking group in Italy – a point of reference for 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 and characterises its strong orientation towards digital and fintech, in particular with Isybank, the Group’s digital bank. An efficient and resilient bank, it is the parent company of product factories in asset management and insurance. The strong commitment in the ESG field envisages, by 2025, 115 billion euro of impact financing, intended for the community and the green transition, and contributions of 500 million to support people in difficulty, positioning Intesa Sanpaolo at the top of the world for social impact. Intesa Sanpaolo has made Net Zero commitments for its emissions by 2030 and by 2050 for its loan and investment portfolios, asset management and insurance activities. A convinced supporter of Italian culture, it has developed a museum network, the Gallerie d’Italia, an exhibition venue for the bank’s artistic heritage and artistic projects of recognised value.

News: group.intesasanpaolo.com/it/sala-stampa/news – Twitter: twitter.com/intesasanpaolo
LinkedIn: linkedin.com/company/intesa-sanpaolo

SACE

SACE is the Italian insurance-financial group, directly controlled by the Ministry of Economy and Finance, specialised in supporting companies and the national economic fabric through a wide range of instruments and solutions to support competitiveness in Italy and worldwide. For over forty-five years, the SACE Group has been the reference partner for Italian companies exporting and growing in foreign markets. It also supports the banking system to facilitate, with its financial guarantees, companies’ access to credit to support their liquidity and investments for competitiveness and sustainability within the Italian Green New Deal, starting with the domestic market. The Group is present worldwide with 13 offices in target countries for Made in Italy, with the aim of building relationships with leading local counterparts and, through dedicated financial instruments, facilitating business with Italian companies. With a portfolio of insured operations and guaranteed investments amounting to 164 billion euro, SACE, together with all the Group’s companies – SACE FCT, which operates in factoring, SACE BT, active in the Credit, Bonds and Other Asset Damage classes, and SACE SRV, specialised in data collection and information asset management activities – is at the side of more than 40 thousand companies, mainly SMEs, supporting their growth in Italy and in about 200 countries worldwide.

Media Contacts:

WIIT S.p.A:

Investor Relations:

Stefano Pasotto – CFO & Investor Relations Director
Francesca Cocco – Lerxi Consulting – Investor Relations
Tel. +39.02.3660.7500
Fax +39.02.3660.7505
ir@wiit.cloud
www.wiit.cloud

Media Relations:

Image Building
Rafaella Casula
Tel. +39 348 3067877

Simona Porcino
Tel. +39 02 89011300
wiit@imagebuilding.it

Intesa Sanpaolo:

Media Relations Banca dei Territori and Local Media
stampa@intesasanpaolo.com

SACE:

Media Relations
T. +39 06 6736888
ufficiostampa@sace.it

SOURCE: Intesa Sanpaolo