Banca Sella Launches a €250 Million Credit Line for Companies Investing in Sustainability and Digitalization

Supporting the digital and energy transition of Italian companies by financing the development of innovative, more efficient and environmentally friendly production processes.

With this objective, Banca Sella is launching an initial credit line of 250 million euros aimed at all companies that aim to grow through greater sustainability and digitalization of their activities.

Thanks to this initiative, companies can obtain subsidized financing to invest in projects that aim to incentivize the efficiency of production processes and the increase in sustainability and digitalization through, for example, the purchase of Industry 4.0 machinery, software for monitoring consumption, capital goods for production from renewable energy sources and staff training.

Banca Sella also launched a new Sustainable Business Financing 5.0 solution

Banca Sella also provides companies with technical and tax consultancy services to help companies access incentives, thanks to a network of specialized companies able to provide support for planning and implementing Transition 5.0 projects.

The ceiling is in fact in addition to the measures provided for by the PNRR which allocates 6.3 billion euros to a tax credit for companies that from January 1st, 2024 to December 31st, 2025, make new investments in production facilities located in Italy as part of innovation projects aimed at reducing energy consumption.

In support of sustainable transition processes, moreover, companies will have the opportunity to access, always under favorable conditions, the new Sustainable Business Financing 5.0 solution. The financing is aimed at those who wish to invest in advanced technologies and solutions for energy saving and self-production, in line with the Transition Plan 5.0 : this solution adds to the traditional unsecured financing a reward mechanism linked to the achievement of specific energy saving objectives envisaged by the incentive.

“This first credit limit and the form of financing dedicated to sustainable business demonstrate Banca Sella’s commitment to concretely supporting companies in a context, such as the current one, in which they find themselves having to face the challenges of digitalization, innovation and sustainability with the aim of improving their production processes,” said Giorgio De Donno , Co-General Manager and Deputy CEO of Banca Sella.

“Our task is precisely to accompany them on this growth path by seizing the opportunities of Transition 5.0.”

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(Featured image by Stock Birken via Unsplash)

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First published in ESG NEWS. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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