Terra Moretti launches a €15 million sustainable bond. New investments in wineries and hospitality

A multi-million euro move towards sustainability. Terra Moretti, the group based in Erbusco, Brescia, active in the wine sector (with six wineries across three regions: Bellavista and Contadi Castaldi in Franciacorta; Petra, Teruzzi and Acquagiusta in Tuscany; Sella&Mosca with Casa VillaMarina in Sardinia) and luxury hospitality, has issued a €15 million sustainability-linked bond. This strategy involves three financial institutions and aims to fund new projects, ranging from the modernisation of wineries to the expansion of hospitality facilities.

Moretti's Family

The Terra Moretti project

The sustainability-linked bond, underwritten by Cassa Depositi e Prestiti (Cdp), Banca Sella, and Banca Valsabbina, represents a strategic step for Terra Moretti. The investment allocation sees Cdp contributing €7.5 million, Sella €4 million, and Valsabbina €3.5 million. This financial project was managed by Sella Investment Banking as the lead advisor and is positioned within the professional segment of Euronext Access Milan of Borsa Italiana.
At the heart of the initiative are measurable sustainability goals defined by specific KPI ESG (Environmental, Social, and Governance) criteria and targets.

The new investments

The bond will fund two key areas for the group. Firstly, interventions will be implemented to enhance the harvesting and wine ageing processes, ensuring increasingly higher quality standards. Secondly, investments will be directed towards Albereta Relais & Chateaux in Franciacorta, focusing on modernisation and expansion to strengthen the group’s positioning in the ultra-luxury market.
As Graziano Novello, Head of Private Debt at Sella Investment Banking, highlights: “Sustainability-linked bonds are an ideal tool for financing corporate growth projects that combine economic development goals with sustainability objectives.”