Vernazza Autogru Secures €5M Green Loan to Drive Sustainable Innovation in Heavy Transport

Sustainable growth is at the heart of the development plans of Vernazza Autogru, a Ligurian company operating since 1946, which plays a leading role in the national and international lifting, aerial work platforms, and heavy-duty transport markets.

This commitment has been further strengthened by a €5 million loan from Intesa Sanpaolo, as part of the banking group’s commitment to supporting businesses in their environmental transition and supporting investments related to the National Recovery and Resilience Plan (NRRP).

“As a leading bank for regional growth, Intesa Sanpaolo considers sustainability a key driver of business development, both in terms of revenue and EBITDA,” said Andrea Perusin, Regional Director for Southern Piedmont and Liguria at Intesa Sanpaolo.

“The transaction with Vernazza Autogru allows us to support a company of excellence, not only local, but also one that has always invested in innovation, human capital, and internationalization. Through cutting-edge financial instruments focused on ESG and circular economy objectives, we support our companies’ projects and their ability to compete in Italy and globally.”

The financing will be used by Vernazza Autogru for new investments in capital equipment in the strategic lifting sector using telescopic mobile cranes

With a fleet of over 250 units, including telescopic, crawler, and lattice boom cranes, aerial platforms, self-propelled platforms, trucks, tractors, trailers, semi-trailers, and special vehicles and equipment, Vernazza Autogru offers its customers a comprehensive service, from design and planning to highly qualified technical consultancy and project implementation.

The fleet of Vernazza Autogru has therefore grown with a focus on ” green ” sustainability, with new low-emission vehicles powered by a single diesel engine and, in the most recent acquisitions, also equipped with a special kit for the use of an electric motor powered simply by the mains. This has allowed its customers to also offer services for indoor work, with the greatest reduction in both emissions and noise levels, thus supporting and respecting the environment and the workforce.

For Intesa Sanpaolo, it is essential to promote the development of a sustainable economy by supporting companies’ commitment and investments in the three ESG areas. The group has made available a specific financing option called S-Loan Progetti Green, which includes the one concluded with Vernazza Autogru. This financing option is intended for companies implementing projects capable of generating a positive environmental impact on processes, products, and technologies. The financing offers favorable terms, with a rate bonus mechanism for achieving environmental, social, and governance improvement objectives.

“The historic nature and strength of this bond offers new impetus and motivation to our mission, with a view to not only growing our business but also safeguarding the environment in which we operate every day,” said Diego Vernazza , President and CEO of Vernazza Autogru. “This objective is the basis of the green project that Vernazza Autogru has long supported, carefully evaluating environmental sustainability issues, which are now essential for a future integrated with ESG concerns.”

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(Featured image by Nikola Johnny Mirkovic via Unsplash)

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