#RenewableEnergy

UniCredit is financing Union’s green growth with a tokenised mini-bond worth 5 million

UniCredit has fully subscribed to a €5 million tokenized minibond issued by Union S.p.A. to fund the construction of five new 1 MW photovoltaic plants. This transaction utilizes a public blockchain infrastructure to manage the bond, marking a significant integration of digital finance into the real economy. By leveraging tokenization, the parties aim to achieve greater transparency, traceability, and automation throughout the financial instrument's lifecycle. The project highlights the growing trend of Italian financial institutions adopting distributed ledger technology to support the energy transition and ESG-focused industrial growth. BlockInvest provided the technical infrastructure for the tokenization, while Weltix served as the Registrar and Simmons & Simmons managed legal and tax documentation. This initiative demonstrates how traditional banking can modernize capital markets by combining sustainable energy investments with advanced digital tools. The successful issuance underscores the increasing viability of tokenized debt as a mechanism for mobilizing capital toward decarbonization efforts.

en.ilsole24ore.com·3h ago