Ef Solare, Enel divests 50% to F2i

[vc_row][vc_column][vc_column_text]Si è concluso il matrimonio fra Enel e il fondo F2i con la cessione a quest’ultimo del 50% di Ef Solare. Come preannunciato da Powernews lo scorso novembre il colosso elettrico romano ha deciso di proseguire sulla strada degli impianti greenfield mentre il fondo milanese continua nella sua fase di espansione e consolidamento nel mercato…

PV, Athena Investments succeeds in arbitration proceedings against Italy with Eur 7.4 million award

[vc_row][vc_column][vc_column_text]Copenhagen Exchange listed Athena Investments asset owner of operating renewable energy plants in Italy and Spain, on Monday announced an award of EUR 7.4 million in an arbitration procedure against Italy related to changes in the country’s renewable energy legal framework. The company launched the arbitration procedure against Italy under the Energy Charter Treaty (ECT)…

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Eviva: the liquidators’ committee for the assets’ inventory, among them there is also a Russian member

Eviva’s shareholders meeting has decided the liquidation of the company pursuing art. 2.278 of the Civil Code, former CEO Giacomo

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Gallanti to leave Danske Commodities

Dario Gallant, after almost 5 years as origination general manager for southern Europe with focus on Italy at Danske Commodities , will leave the Danish trading house end of this year to continue as equity partner of the Spanish advisory firm Our New Energy (ONE ). ONE, founded in 2016 by former Danske Commodities employees,…

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EXCLUSIVE: A2a, Ef Solare and F2i moved to Trentino Alto Adige to avoid minimize the Irap tax

[vc_row][vc_column][vc_column_text]It is very interesting to read the list of the companies, which have moved the legal address to Trentino Alto Adige; in many cases only to avoid paying Irap. Thousands of special purpose vehicles, which own plants all over Italy, are domiciled between Bolzano and Merano and between Trento and Rovereto. Some of them are…

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Erg Q Solar 1 in stand-by, the resignation of Gamberale from Quercus would have cooled down Garrone’s interest

[vc_row][vc_column][vc_column_text]Started with of great expectations Erg Q Solar 1, the solar joint venture between Erg of the Garrone family (60%) and the Quercus Italian Solar fund (40%) founded by Diego Biasi and Simone Gorla, run by the Luxembourg-based Quercus Assets Selection Sarl. The target: to consolidate the Italian photovoltaic fragmented market by aggregating in a…

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The liquidation of Eviva: customers panicked for the severing of the energy supply contracts

[vc_row][vc_column][vc_column_text]The decision to liquidate Eviva, agreed on Monday 12th by the shareholders’ meeting, has worried the customers, who have been forced to find a new electricity supplier as soon as possible. Eviva has immediately opened negotiations with Terna in order to ensure the fulfillment of the energy sales and distributions contracts until the end of…

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EXCLUSIVE Eviva, the agreement with the Swiss fails and it will be liquidated

[vc_row][vc_column][vc_column_text]The crisis of Eviva, a company controlled by the Russian group Renova-Avelar, has dramatically plunged in the evening after the last-ditch effort to find someone willing to rent its industrial activities. Many sources have confirmed to Powernews that the company will be liquidated, unless a white knight appears in the night. Eviva is not commenting…

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Giorgio Lonardi strenghts Powernews team

[vc_row][vc_column][vc_column_text]Powernews.eu further strengths the team with Giorgio Lonardi. For decades Giorgio has been a correspondent of daily “la Repubblica” covering the energy, business strategies and technology sectors. After Giuseppe Oddo and Nicola Borzi (from August ’18), long-time journalists with a solid professional experience gained at financial daily “Sole 24 Ore”, the arrival of Lonardi confirms…

EXCLUSIVE: Metaenergia signs an agreement with A2A to protect its customers from moving back to the safeguard market

[vc_row][vc_column][vc_column_text]The customers of the Rome-based Metaenergia will not remain in the limbo after the recent decision by E-Distribuzione (Enel Group) to terminate the electricity transport contract to the 31.400 served delivery points. In order to meet the needs of its customers, the company headed by Maurizio Molinari has signed a commercial agreement with A2A Energia……

Edison is preparing the international tender to sell the upstream business

[vc_row][vc_column][vc_column_text]Milan-based energy group Edison has given a mandate to Rothschild to divest the oil upstream activities. The news was announced by Powernews in March this year. A source familiar with the matter tells Powernews that the sector of exploration and production of oil and natural gas will be offered on the market through an international…

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Profond divests the wind and PV portfolio, including Italian assets

[vc_row][vc_column][vc_column_text]The Swiss fund Profond, through its subsidiary Profond Finanzgesellschaft, has put on sale its European portfolio of wind farms and photovoltaic plants for a total of 94 MW. The plants are located in France (56 MW wind), in Italy (15.2 MW photovoltaic) and between England and Wales (25 MW photovoltaic). Consultant for the disposal operation,…

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Power implied volatility report for France and Germany goes live

[vc_row][vc_column][vc_column_text]Powernews is glad to announce the launch of an exclusive weekly newsletter which unveils the not so readily available electricity option market. The main coverage is given for the most liquid markets: Germany and France. The subscription period is open please click here to get 1 week free trial. Only 299€ for 6 months. [/vc_column_text][/vc_column][/vc_row]

Powernews expands its offer with new paid services and the team with Nicola Borzi and Giuseppe Oddo

[vc_row][vc_column][vc_column_text]As of today, Powernews.eu offers to its readers, in parallel to the subscription newsletter, which continues to grow, and the database on the Italian power plants, two new paid products: two exclusive digital newsletters. One is dedicated to the volatility of the French and German electricity markets, the other to the price trend on the…

Bper refinances Sicilia Solare plants

[vc_row][vc_column][vc_column_text]Sicilia Solare, a fully owned company of Tages Helios fund, has completed the reorganization and refinancing of its photovoltaic plants located in Augusta in the province of Siracusa (5 MW of installed capacity). The transaction, worth almost Eur 17 million, was carried out with Banca Popolare dell’Emilia Romagna, which granted the loan, and with the…

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Ascopiave has a new finance director

[vc_row][vc_column][vc_column_text]Milan’s exchange listed multiutility Ascopiave has promoted as finance director Riccardo Paggiaro who will replace Cristiano Belliato. Paggiaro, 41, will take up his new post on October 31st, has been in charge for the finance and treasury activities of the Treviso-based energy utility. Participated by 91 Municipalities of the North East, Ascopiave is now among…

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