Recently, Intesa Sanpaolo finalized a €162.3 million (approximately $188 million) green financing agreement to fund the acquisition of three car carriers for Grimaldi Euromed, a subsidiary of Italy’s Grimaldi Group.
The three new vessels, named “Grande Egitto”, “Grande Pacifico”, and “Grande Oceania”, are expected to be delivered in 2026. Each vessel has a standard cargo capacity of 9,800 vehicles and is equipped with several advanced energy-saving technologies, including: ammonia-preserved design, giant lithium-ion battery packs, 2,500 square meters of solar panels, shore power connection system, air-lubricated hull, and innovative biplane rudders to improve propulsion efficiency.
This financing is said to reinforce the Grimaldi Group’s sustainable development strategy, focusing on fleet modernization, technological innovation and environmental impact mitigation. A representative from the Group stated: “This financing supports the Group’s long-term fleet modernization plan and further deepens our relationship with Intesa Sanpaolo, a key financial partner.”
An Intesa Sanpaolo representative stated: “Grimaldi Euromed represents a benchmark for excellence in sustainable shipping. The company is honored to support its growth and innovation strategy through this green financing.”