Public administration

The Intesa Sanpaolo Group has dedicated  the activity of a Bank - Banca Infrastrutture Innovazione e Sviluppo (BIIS) - to serve public and private players that collaborate to build large-scale infrastructures and establish public utility services. BIIS works in those sectors that have the greatest impact on economic development and which require close cooperation between Public and Private sectors: credit for infrastructure projects; support for the healthcare system, universities and scientific research centres; improvement of public utility services; support for the financial balance of Public Administrations; funding of projects for the urban development and territory valorisation; introduction of innovative tools for the efficient management of banking operations of institutions and public companies.
Excellence in customer service is ensured by over 300 highly skilled professionals, capable of providing real solutions in response to specific and growing needs of the sector in Italy and abroad. During 2009 BIIS provided medium/long-term financing for 4.2 billion euro.
Funds disbursed have been distributed in the following areas of intervention (in millions of euro):

Intervention by sector
Italy Abroad Total
Water/energy/environment 154 236 390
ASL and health/assistance/cultural structures 424 424
Local public services 413 413
Local public transport 5 5
Infrastructures 551 261 812
Universities 40 40
Other sectors 1,273 859 2,132
Municipalities 290 290
Regions 119 119
Provinces 38 38
Abroad, State and publicly controlled companies 859 859
Companies and entities benefiting from state loans 314 314
Ministries and other state entities 430 430
Other 82 82
TOTAL 2,859 1,357 4,216

Loans

Focus on projects

Among the many projects financed, a detailed description of which is available at www.biis.it Website two flagship projects which saw the participation of BIIS are: 

Montalto di Castro's photovoltaic park

Environment

This is the largest photovoltaic park in Italy and one of the biggest in Europe.Connected to the network last 30 November, the Montalto di Castro station has 78,720 high-efficiency solar modules. Covering an area of 80 hectares, the plant produces enough energy to power 13,000 households, avoiding the emission of 22,000 tonnes of carbon dioxide a year. The project total amounts to 142 million euro, whilst the funding was of 120 million euro and was paid by BIIS with two other banks, in equal shares.

The initiative received the Euromoney “Project Finance Deal of the Year 2009” award for Europe.

 

 

The National Centre of Oncologic Hadrontherapy of Pavia

Community

The centre is the first in Italy, the second in Europe after the one in Heidelberg, Germany and third in the world (the first institution is active in Japan) for hadrontherapy, an innovative and unique form of radiotherapy that offers significant advantages, at least for the 10 percent of patients with tumours resistant to traditional radiotherapy.
Hadrons are in fact able to hit targets that are more deeply embedded and with higher precision thereby avoiding damage to healthy, often vital organ tissues that surround the tumour.
Unlike X-rays, the protons and carbon ions have no effect on the organism's development which means they could be used in paediatric oncology.
Thanks to its characteristics, hadrontherapy will be used particularly for cancers of the head and neck, but also those of the liver and lung, malignant melanomas and sarcomas on mucous membranes, providing an important treatment option for the patients. BIIS was the Organisational Bank in charge of structuring the transaction and underwrote 50% of the total value of the fund, amounting to 40 million euro.

An on-going dialogue with the territory

The Group’s constant attention to issues relating to the public world at large and its desire to involve representatives of central and local governments on issues of common interest, has led the Institutional Relations Department, with the involvement of different Bank departments, to organise the conference “Federalismo e infrastrutture per il rilancio del sistema italia. Il turismo tra i motori della crescita" (Federalism and infrastructures for relaunching the Italian economy. Tourism as a growth engine) and the research “Infrastrutture di sistema e offerta turistica” (Infrastructures and tourist offer). This event was the result of a study launched by the Bank six years ago on two issues that are pivotal for the development of Italy and its economic and institutional modernisation: the federalist reform of the State administration and building the necessary infrastructure to ensure a sustainable economic growth. The Institutional Relations Department also organised meetings, in-depth analysis and free classroom training for the administrators and managers of local entities on issues of particular relevance, to facilitate dialogue between public and private sectors. Among the meetings organised, were the Master Diffusi, classroom trainings, which were held during the Forum PA and among the issues looked at were project financing for infrastructure and land, renewable energies and strategies to access European funds.

The year 2009 was also the year for the launch of an initiative that involved the leaders of BIIS on a journey that crossed Italy to strengthen the cooperation with the territory and confirm the commitment to foster cooperation between institutions and private sector, for the revival of local economies.
The first venues of the meetings organised as roundtables were in Genoa, Padua, Bologna and Bari on the issues of major local importance: port facilities, the “Terzo valico” railway (a railway tunnel under the Appennini project), health industry, sustainable development, renewable energies and growth potential of the tourism sector. The initiative will involve other Italian regions in 2010.

BIIS's commitment to supporting infrastructure and land development projects in the regions covered by these meetings has been long apparent: in 2009, funds were allocated to Società Autostrada Brescia Verona Vicenza Padova S.p.A. to build the motorway tract south of the A31“Valdastico” motorway and the Policlinico of Modena for restructuring and upgrading healthcare Survey "Infrastructure for growth: a dialogue between bank and companies and institutions"facilities. For the revamping of the structures of the Fiera di Forlì under the flag of “green economy”, financing for the building of a photovoltaic plant capable of providing power meeting 75% of the fair’s energy needs was provided: the project was entirely funded by BIIS by leasing of public property, an innovative tool for this sector, which compensates the debt through the revenue arising from contributions paid by the GSE for the energy produced by the plant. To these are added the financing disbursed for the building of fully integrated photovoltaic systems in towns in the Apulia and Basilicata regions, with a total capacity of 5MW. Also significant is the awarding of the tender to build 11 schools in the province of Bari, through leasing of public property.

The foreign subsidiaries have also funded projects for the public administration. In 2009, Banca Intesa Beograd approved a budget of 30 million euro for funding projects in towns in Serbia. The projects aim at improving local living conditions (water supply, sewerage, roads, pipelines).
In Bosnia and Herzegovina, our subsidiary has allocated 50 million euro for the financing of SMEs and public administration. These were intended to develop the potential local employment and have been allocated to the sectors of infrastructures, energy, environmental protection, health, education, tourism and services. About 70% of the funds are for credit lines for SMEs, while the remaining 30% will be allocated to the public sector.