Next Geosolutions Partners with Intensa Sanpaolo & CDP for the Acquisition of New Offshore Vessel

19 March 2026

NG Supporter. (Image credit: NextGeo)

Next Geosolutions (Next Geo), one of the leading international groups in marine geosciences and offshore construction support services, primarily in the energy sector, has announced the execution of a financing agreement to support the acquisition of the new offshore vessel Siem Day from the Norwegian company Siem Day II AS, subsequently renamed NG Supporter, for a total value of approximately $112 million.

Intesa Sanpaolo and Cassa Depositi e Prestiti supported the transaction with financing covering 70% of the total investment, with a repayment term of 10 years. In particular, Intesa Sanpaolo, acting as lead bank, underwrote 60% of the financed amount, while CDP contributed the remaining 40%, further consolidating its role as a strategic partner in the development of high-tech and industrial projects. This initiative falls within the broader framework of CDP and Intesa’s efforts to support the growth of Italian companies with a strong international focus.

Giuseppe Maffia, CFO of NextGeo, stated: “We are very pleased to have completed this important financial transaction, which enables us to strengthen our partnership with Intesa Sanpaolo, which has historically supported NextGeo’s development plan, and to further reinforce our collaboration with CDP, which is playing an increasingly key role in our growth and in strengthening NextGeo’s presence in international markets.”

This transaction not only allows NextGeo to expand its fleet with a highly specialized asset but also represents a concrete example of collaboration between the banking system and institutions to enhance the country’s competitiveness on a global scale, supporting investments in strategic sectors such as offshore energy.

Attilio Ievoli, Chairman of NextGeo, commented: “In this transaction, the support of institutions such as Intesa Sanpaolo and CDP has been fundamental to the acquisition of an asset like NG Supporter, a vessel that represents a true added value for the diversification of our activities across our reference markets. Its technical features and onboard systems make NG Supporter a strategic asset in the subsea sector, enhancing the Group’s capabilities in delivering offshore construction support services. In this context, its addition to our fleet marks a concrete step forward in our industrial growth path and in strengthening the Group’s positioning in international markets.”

Giuseppe Nargi, Regional Director for Campania, Calabria, and Sicily at Intesa Sanpaolo, stated: “Through this transaction, Intesa Sanpaolo reaffirms its mission to support world-class excellence emerging from Southern Italy. Thanks to ongoing investments and the strategic vision of many companies, we are progressively witnessing a narrowing of the gap with Northern Italy. The transaction with Next Geosolutions—a company we have supported over time, also through extraordinary finance—demonstrates how our bank is able to deploy a unique advisory model, leveraging a network of cross-functional expertise to assist companies undertaking competitive growth paths. Following the recent success of the IPO, carried out together with IMI Corporate & Investment Banking, Next Geosolutions continues to demonstrate a consistent growth trajectory and stands as clear evidence of our ongoing support for the local industrial system.”

Manuel Palmiero, Head of Business Relations for South-West Enterprises at CDP, commented: “This financing, carried out in partnership with Intesa Sanpaolo, represents an important transaction to support the development of companies in Southern Italy that innovate, compete, and aim to expand decisively into international markets. The acquisition of the new offshore vessel is a concrete step in this direction, as it enhances NextGeo’s operational capacity, and we are proud to support such virtuous companies along their growth path.”