Press Releases and News
Discover what’s new at SACE SIMEST: the world of exports, the latest news and market scenarios, the trends in Italian industry and the most interesting success stories.
Various SACE - 11 April 2022
ENEL AGREES ON 600 MILLION EURO FACILITY WITH THE EUROPEAN INVESTMENT BANK AND SACE FOR SUSTAINABILITY-LINKED FINANCING IN LATIN AMERICA
• Enel, the European Investment Bank (EIB), via its development branch EIB Global, and SACE, the Italian export credit agency, agreed on a multi-country, multi-business and multi-currency facility of up to 600 million euros to support sustainable energy investments in Latin America through sustainability-linked financing instruments • This is EIB-SACE’s first sustainability-linked transaction and the EIB’s largest financing ever given to a private sector entity outside Europe • As part of the agreement, 130 million US dollars were granted to Enel Green Power Perú S.A.C., a subsidiary of the Enel Group, is earmarked to support the development of wind and solar projects for nearly 300 MW in Peru, partially guaranteed by SACE
Various SACE - 04 March 2022
In consideration of the deterioration of the risk in the geographies affected by the Russian-Ukrainian conflict, SACE is temporarily suspending the evaluation and acceptance of new risks for export credit activities in Russia and in Belarus. Moreover, with the aim of assessing the scenario on a daily basis and providing utmost support to Italian exporters and the national economic system, SACE has put in place a crisis room involving various functions and will continue to monitor the situation very carefully, updating its position based on future developments.
Deals SACE - 01 March 2022
SACE guaranteed a € 21 million loan from Société Générale to support Italian exports for the supply of a highly energy-efficient waste heat recovery unit to the Brescia-based company. The operation is part of a larger project in Egypt which, due to its importance in the "green" transition, is financed by the European Bank for Reconstruction and Development.
Deals SACE - 18 January 2022
New opportunities in Turkey for Italian exporters with the support of SACE and ING Germany: € 50 million for infrastructure projects in the city of Izmir
Through the credit line, issued by ING Bank, a Branch of ING-DiBa AG (“ING Germany”), SACE aims at facilitating business opportunities between Italian exporters and the Izmir Metropolitan Municipality
Deals SACE - 16 December 2021
Smart meters for gas from the Italian company Pietro Fiorentini with SACE and the Intesa Sanpaolo arrives in Uzbekistan
Thanks to the loan from SACE and Intesa Sanpaolo Group, as partial but determinant contribution to financing of the gas-metering project, the Uzbek state-owned company Hudugazta’minot will purchase smart gas meters with the latest generation of components from the Italian multinational Pietro Fiorentini