Granarolo, finanziamento da 450 milioni legato a obiettivi di sostenibilità

Granarolo, a Bolognese dairy company, has secured a €450 million sustainability-linked financing to support its next phase of growth and strengthen its existing operations. The loan, granted by ten banks, is aimed at implementing the group's strategic plan and achieving sustainability goals such as more efficient plants, clean energy, and water conservation.

The financing marks a shift in the relationship between industry and finance, with credit now rewarding environmental, social, and governance performance. Granarolo, which generates 41% of its revenue from international markets, plans to expand its presence abroad, currently reaching over 41% of its revenue from international markets.

The 450 million euros will be provided through two fixed-term and one flexible credit lines to support the company's industrial needs. Group President Stanislao Giuseppe Fabbrino emphasized the importance of sustainability, highlighting the company's efforts to promote clean energy, water recovery, and other environmentally-friendly practices at its 13 Italian and various international facilities.

The loan is coordinated by a group of banks, including Intesa Sanpaolo, BNL BNP Paribas, Bper, UniCredit, Monte dei Paschi di Siena, Banca Sella, Banco Bpm, Cassa Depositi e Prestiti, Sparkasse, and Rabobank. Intesa Sanpaolo, which holds a 14.95% stake in Granarolo, is also responsible for overseeing the sustainability aspects of the financing.

The financing aligns with Granarolo's goal of preserving its cooperative roots, international ambitions, and long-term growth while maintaining the industry's identity over time.