Sace and Bper to support Profilglass growth

Stace and Bper Banca support the sustainable growth of Profilglass, a company specialized in the design and production of semi-finished products in aluminum alloys for industrial use. Bper, through the Corporate & Investment Banking Department, led by Marco Mandelli, has disbursed two lines of credit for total of 20 million euros, lasting 6 years, to support the objectives set in the 2021-2026 business plan and green projects. Of the total 20 million, 14.5 are assisted by Sace’s Green Guarantee. The investments will be allocated to the production plant in Fano (PU) where Profilglass processes over 250,000 tons of aluminum per yeardistinguishing itself in the sector at an international level and exporting to more than 85 countries.

Sace has a front-line role in the implementation of the Green New Deal on the Italian territory, as required by the “Simplifications” Decree of July 2020. The company, in fact, can issue ‘green guarantees’ on domestic projects capable of facilitate the transition to an economy with a lower environmental impactintegrate production cycles with low-emission technologies for the production of sustainable goods and services and promote initiatives aimed at developing new mobility with lower polluting emissions.

For Andrea Del Moretto, Head of Key Corporate Clients Italy in the Cib Department of Bper Banca“these transactions finalized with Profilglass and Sace are fully consistent with the strategy of Bper Cib, focused on financially supporting the sustainable growth of the best Italian companies. We believe it is important to provide support in this sense and we will continue to work in this direction in the future”. “We thank Bper Banca and Sace who confirm their support to the Profilglass Group, allowing us to continue the green investments envisaged in our business plan”, he continues Silvia Paci, CFO of Profilglass. For some time now Profilglass has made the principles of the circular economy its own as a central element for the creation of shared value and has integrated ESG criteria into its industrial policy, transforming them into real strategic drivers for sustainable and long-term growth.”