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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Gazprom strengthens Eviva’s presence with two board members

[vc_row][vc_column][vc_column_text]The Russian gas giant Gazprom has strengthened in its presence in the Eviva board. Chairman of the board of the gas and power trading company based in Milan was appointed Iakov Tesis, who is also a director of Geogastock, a wholly-owned subsidiary of Eviva, engaged in the reconversion of the former Eni gas field in…

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