Ellomay announces entry into a Euro 35.9 Million project finance agreement by Italian subsidiaries

Ellomay a renewable energy producer with projects in Europe and Israel, today announced that five of its Italian subsidiaries entered into a euro 35.9 million project finance facility agreement. The facility agreement was executed among the Italian subsidiaries

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Electrawinds divests Italian wind farm

[vc_row][vc_column][vc_column_text]The Belgian group Electrawinds has divested its Italian wind farm of 8 MW located in Pontedera (Tuscany). The buyer is the Aosta-based renewable producer CVA The wind farm of 4 turbines of 2 MW each has been in operation since 2008 producing about 10 GWh annually. With this acquisition the wind power portfolio of CVA…

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VEI Green divests the wind business

[vc_row][vc_column][vc_column_text]VEI Green, an investment company of the Palladio Holding group, has divested its interest in the wind generation business. VEI Green has sold its stake in the WIISPA company an operations vehicle created last year with Whysol Investimenti. VEI Green has awarded in WIISPA the wind farm Carpinone (24 MW) located in Molise. In addition…

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Gas reverse flow Italy-France

[vc_row][vc_column][vc_column_text]Snam Rete Gas and grtgaz have communicated that physical reverse flow Italy to France via Switzerland is supposed to start on 1st June 2018. grtgaz is offering 200 GWh/day (100 GWh/day on firm basis and 100 GWh/day on interruptible basis) entry capacity in Oltingue. Snam Rete Gas is marketing 54 GWh/day Exit Capacity Passo Gries…

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ContourGlobal hires head of legal and corporate affairs

[vc_row][vc_column][vc_column_text]The US investment fund ContourGlobal hired Nerina Russo as head of legal and corporate affairs for Italy. Russo leaves Falck Renewables where he has worked for the last 10 years as a legal representative for Southern Europe. ContourGlobal in Italy manages a portfolio of photovoltaic and biogas plants.[/vc_column_text][/vc_column][/vc_row]

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Quercus awards O&M contract for its PV portfolio

[vc_row][vc_column][vc_column_text]UK based renewable infrastructure fund has awarded a O&M contract for its PV portfolio to Gildmeister energy services. Gildmeister is a subsidiray of german group DMG Mori. It will provide the O&M services for Quercus European PV portfolio of 200 MW in UK, Romania, Italy and Bulgaria. In Italy Quercus together with Swisslife owns ASI-Azienda…

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Vestas to supply 48 MW BayWa wind park in Italy

[vc_row][vc_column][vc_column_text]Eolica San Lupo a subsidiary of German developer BayWa has placed an order to Vestas to supply turbines for the 48 MW San Lupo wind park in Italy. The project is located in the province of Benevento in southwestern Italy and was awarded at Italy’s last energy auction. The order includes supply and installation of…

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Errata Corrige: LNG cargo traveling to OLT Livorno

[vc_row][vc_column][vc_column_text]Errata corrige The Swiss trader Axpo Trading has closed a ex-ship deal with Swiss merchant Gunvor. Gunvor will unload a Norwegian LNG cargo at the OLT terminal on 14th of May. The chartered cargo (Stena Blue Sky) departed last Thursday from the Norwegian terminal Snøhvit LNG of the island of Melkoya. The volume transported is…

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MEDREG Outlook report of the gas infrastructure in the Mediterranean region

[vc_row][vc_column][vc_column_text]MEDREG the Association of Mediterranean Energy Regulators has published the report providing an outlook of the gas infrastructure in the Mediterranean region, including interconnection points, cross border transmission pipelines, Liquefied Natural Gas (LNG) storage capacities, usage of the capacities and future investment plans across MEDREG members. Based on data collected from 14 Mediterranean countries, the…

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