Intesa Sanpaolo S.p.A.

ISP

IT0000072618

Banks

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5.968 ^EUR	+1.15%		-2.67%	+0.78%

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Intesa Sanpaolo participates in USD290 million financing in Nevada

Published on 04/01/2026 at 07:42 am EDT

Alliance News - Translated by Marketscreener - See original

INTESA SANPAOLO S.P.A.

+1.15%

(Alliance News) - Intesa Sanpaolo Spa announced on Wednesday that its IMI Corporate & Investment Banking division has participated, alongside a syndicate of international banks, in a financing package of approximately USD290 million for a battery energy storage project located in Boulder City, Nevada.

The transaction will support the construction and operation of the Roccasecca project, a 127 MW / 506 MWh battery energy storage system currently under construction and scheduled to enter commercial operation in 2026.

The financing is part of the sale of the Roccasecca project by IOWN Energy, on behalf of its client Eolus North America, to DESRI, a leading independent power producer.

Intesa Sanpaolo shares were trading up 4.3% at EUR5.383 per share on Wednesday.

By Michele Cirulli, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Chart Intesa Sanpaolo S.p.A.

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ISP: Dynamic Chart

Company Profile

The Intesa Sanpaolo Group is one of the leading banking groups in Europe, and ranks among the world leaders in social impact. Leader in Italy (~14 million customers and ~2,600 branches) in financial services for families and businesses, it has a strategic international presence (over 900 branches and 7.4 million customers) in several countries of Central and Eastern Europe, the Middle East and North Africa. The activity is organized around 6 divisions: - Regional Banking: focus on the local market and regional roots to strengthen relationships with individuals, SMEs and non-profit organizations; - IMI Corporate & Investment Banking: a global partner for companies, financial institutions and public authorities; - International Banking: subsidiaries operating in the retail banking sector in several countries; - Private Banking: targeted products and services for private and HNWI clients; - Asset Management: solutions for group customers, external sales networks and institutional clients; - Insurance: insurance and provident products for group customers.

Employees

89,931

Sector

Banks

Calendar

Earnings release - Q2 2026

More about the company