Agricola Moderna, loan of 10 million from Intesa with SACE guarantee

Agricola Moderna loan of 10 million from Intesa with SACE

(Tiper Stock Exchange) – Modern farman innovative company that operates in the field of vertical agriculture, has received a financing of 10 million euros from Intesa Sanpaolo and assisted by the SACE Green Guarantee. The availability of new capital will allow thetechnological implementation of the vertical farming system under construction in Agnadello (CR), operational from September 2024. The company was born in Milan in 2018 from the idea of ​​the two founders Pierluigi Giuliani and Benjamin Franchetti and from 2020 began the distribution of its products throughout the Lombardy region , through large-scale distribution and specialized e-commerce.

The new establishment it will encompass the entire production chain over an area of ​​approximately 9 thousand m2, of which 2 thousand intended for cultivation for a total cultivation area, on several levels, of 11 thousand m2. There production will be over 900 tons per yearan average of 2.5 per day of leafy vegetables including teen leaf salads and ready-to-eat aromatic salads. In fact, the plant will be powered 100% by renewable sources and automated, everything will be done inside the plant: from sowing to packaging of products, to offer extremely fresh and uncontaminated food.

“Our goal is to approach the agricultural world in a systematic way: perfect processes and eliminate waste and chemicals harmful to the environment and to humans – comments Benjamin Franchetti – In the traditional agro-food system, about 1/3 of food resources are wasted in the various stages of the supply chain, production, transformation, distribution and consumption, with negative consequences on the environment. In Agricola Moderna we are committed every day to ensure that waste is reduced to a minimum along the entire production chain. We will save about 95% of water and land and we will make the process more and more circular: the water evaporated from the plants, for example, will not be wasted but analysed, replenished with mineral salts and reintroduced into the system”.

“We are proud of the incredible interest that is revolving around Agricola Moderna, which allows us today to have strategic partners and shareholders for the development of our business with whom we share principles and objectives – declares Pierluigi Giuliani – The Agnadello farm is a new starting point for distributing our products throughout Italy.In the future we want also open up to international markets with new plants as well as in Italy also in Europe”.

“Supporting companies that invest in sustainability and innovation is at the heart of our mission, in line with the objectives of our TOGETHER 2025 Business Plan – he explains Daniela Cataudella, Managing Director Business Corporate of SACE – This is why we at SACE are proud to be alongside a company like Agricola Moderna which is oriented towards the development of new technologies to successfully face the challenges of digital transformation and grow sustainably”.

“We are particularly satisfied to support an excellence like Agricola Moderna – he says Bruno Pacini, Head of Industry Food & Beverage and Distribution of the IMI CIB Division of Intesa Sanpaolo – The Agnadello project is a concrete and innovative example of how agri-food companies know how to evolve by embracing circular models and using cutting-edge technologies, in line with the objectives of the PNRR related to the green revolution and the ecological transition”.

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