BNL BNP PARIBAS AND GETEC: DEAL ON ENERGY TRANSITION

Rome, Piacenza, 1st August 2024

The Bank, one of the leading Italian banking groups, and one of Europe's leading energy service providers, sign a partnership to support customers on their journey to decarbonization and technological upgrading of production plants.

BNL BNP Paribas and GETEC sign an agreement to develop a three-year action plan acknowledging that the energy transition is an obligatory and necessary path to be taken.

The partnership aims to promote more than 100 million euros investments over the three-year period, with an offer dedicated to the industrial, real estate, public and private healthcare sectors, proposing concrete solutions to support their needs for energy efficiency, decarbonization and the development of renewable energy.

Mariaelena Gasparroni, Head of Corporate Banking BNL BNP Paribas: "The energy transition is a challenge that companies must face in order to compete in the markets in the long-term period. At BNL BNP Paribas, together with qualified partners such as GETEC, we continue to support our clients in this challenge, thanks to our consolidated expertise at national and international level".

Giovanni Pontrelli, CEO of GETEC Italia S.p.A., added: "We strongly believe in this partnership with BNL BNP Paribas. Together, we can provide innovative and sustainable solutions that will not only reduce CO2 emissions, but will also improve energy efficiency, contributing to achieve the 2030 Agenda goals. Thanks to this approach, GETEC pursues climate neutrality and supports its customers in achieving the same objective, while reducing the operating costs for their facilities".

BNL is committed to promoting energy transition, implementing BNP Paribas' ESG policies and ambitions in the Italian market. In this regard, the Group has further accelerated its evolution towards financing in low-CO2 energy sectors, especially renewables, raising the share to 90% by 2030, with the ambition to reach 80% as early as 2028.

BNL BNP Paribas Green Desk is a dedicated structure focused in translating this strategy into transactions for clients in the SME and corporate world.

GETEC is an energy services company specialized in providing state-of-the-art solutions for energy efficiency and sustainability.

The experience and know-how acquired in the energy sector allow GETEC to offer tailor-made contracts and services, adapted to the different characteristics and needs of customers. The company aims to provide accuracy, uniqueness of service and safety, offering economic and environmental benefits to a diversified target of stakeholders in the public, industrial, private healthcare and private real estate sectors.

GETEC's mission, "making a difference for generations to come", drives the entire corporate strategy, giving priority to sustainable development for future generations, quality of life and a zero-emissions future. The flexibility and dynamism of the Group’s offer make it possible to offer end-to-end solutions, services and products that allow companies to undertake energy transition as a first step towards decarbonization and technological upgrading of production plants.

BNL BNP Paribas
With a 110-year activity, BNL BNP Paribas, is one of the leading Italian banking groups throughout the country. It offers a wide range of products and services to meet the multiple needs of its customers (individuals, businesses and PAs). Since 2006 he has been with BNP Paribas, a Group present in 64 countries, with more than 184,000 employees, of which over 145,000 in Europe, where it operates in four domestic markets: Belgium, France, Italy and Luxembourg. BNP Paribas holds key positions in its major business segments: "Commercial, Personal Banking & Services"; "Investment & Protection Services" and "Corporate & Institutional Banking". As the entire Group, BNL BNP Paribas is particularly committed to economic, social and environmental sustainability; a strategy that sums up the Bank's ambition to generate a positive impact on customers, employees and the whole community through its business, contributing to a more sustainable future.

GETEC Italia
With more than 1,000 employees, 6,000 managed plants and 15 offices in Italy, GETEC Italia S.p.A is part of the GETEC Group, with its Headquarter in Germany. GETEC Italia is an energy services company (ESCo) specialized in providing advanced solutions for energy efficiency and sustainability in Italy, developing energy solutions with economic and environmental benefits for its customers. GETEC Italia designs, builds, and manages energy assets in the public, industrial, private healthcare and private real estate sectors.
For more information about GETEC Italia: https://www.getec-italia.com/it/ 

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