HOMEPAGE NEWS MEDIA CENTER
25 Nov 21

San Donato Milanese (MI), 25 November 2021 – Eni further strengthens its commitment towards an equitable and inclusive energy transition by launching the “Basket Bond – Sustainable Energy” programme, realised in collaboration with ELITE, part of the Borsa Italiana Group/Euronext and illimity Bank, in order to accelerate the growth and development of the supply chain.

The “Basket Bond – Sustainable Energy” programme is the first innovative financial tool aimed at all companies within the integrated energy chain, especially focused on SMEs and dedicated to sustainable development goals; companies who qualify for the programme will access to financial resources – on favourable terms according to their current and expected sustainability profile – to be used in projects and investments for the achievement of the United Nations Sustainable Development Goals. Therefore, companies committed to a fair energy transition path and aiming to improve their own industrial processes and business models will be able to support, for example, tangible initiatives such as the renewal of plants for better energy efficiency and improvement of environmental impacts, access to renewable energy sources, sustainable mobility, the adoption of circular economy models, the safeguarding of employee’s health and safety, the creation of new skills and provision of related training.

The programme is developed by Eni, ELITE and illimity that, acting as arranger, will be responsible for the organisation of the operations and the definition of its financial aspects, supporting the companies involved in issuing and placing the bonds.

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