Headlines

2019

Erg and Quercus dissolve Erg Q Solar 1, the relation has been cooled down since months

Powernews01 mins

[vc_row][vc_column][vc_column_text]The relation between Erg group and Quercus fund, specialized in renewable energy investments had cooled in Autumn 2018. Powernews reported it in November 2018 and caused the disappointment of Quercus Assets Selection’s Ceo Diego Biasi. The joint press release issued yesterday by Erg Q Solar 1’s two promised partners proved that we were right: “Erg…

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Sorgenia on sale, the profit from the dispatching services increases the attractiveness

Powernews01 mins

Corre voce che le banche azioniste di Sorgenia – 3mila MW di potenza installata e oltre 250mila clienti – non abbiano ancora deciso se mettere in vendita la società, passando all’incasso, o se tenerla ancora per un po’, puntando su un ulteriore azione di crescita.

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Open Mind sells 5 MW PV portfolio, Next Energy among the buyers

Powernews01 mins

[vc_row][vc_column][vc_column_text]The Luxembourg-based Open Mind Sicar (investment company in risk capital), which counts among its investors the insurance group Unipol Sai, concluded the sale of three special purpose vehicles, which owned a photovoltaic plants’ portfolio with a total installed capacity of 5 MW. One of the aforementioned special purpose vehicles is Solar Pesaro 2, owner of…

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PV, after the acquisition of new plants in Apulia, Green Arrow is looking to additional 10 MW

Powernews01 mins

Green Arrow Capital, la società di gestione che investe nelle energie rinnovabili e che ha appena annunciato l’acquisizione di due impianti fotovoltaici

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PV asset, Wrm eyes new portfolios of non-performing loans after Mediocredito’s deal

Powernews01 mins

Wrm group has recently acquired a non-performing loans’ portfolio from Mediocredito Italiano-Intesa San Paolo, secured by photovoltaic plants

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Eos put on the blocks 65 MW. Operation at the preliminary stage.

Powernews01 mins

[vc_row][vc_column][vc_column_text]“We are examining this and other dossier” told Powernews a source who asked not to be named and who had the opportunity to read the teaser on renewable assets put for sale by English closed-end fund management company Eos Investment Management. Moreover he says: “For the moment we have received a preliminary offer. The due…

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Renewable energy assets: Sicily publishes the authorized but unrealized plants and the names of the companies, including one from Hong Kong

Powernews01 mins

[vc_row][vc_column][vc_column_text]On 11th January 2019 the energy department of Sicily sent an ultimatum. The recipients: the companies allowed to build new renewable energy plants, which haven’t started working yet. The department director Salvatore D’Urso signed a provision, which introduced new rules from the day the document is officially registered. First point: companies which propose building projects…

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Enel and Infracapital, details emerge on the assets transferred to the Newco

Powernews01 mins

La vendita da parte di Enel di undici piccole centrali di cogenerazione e trigenerazione alla società d’investimenti internazionale Infracapital era stata annunciata in anteprima da Powernews

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Metaenergia’s 2017 financial statement analysis: from the capital gains with its British parent company to the unpaid bills to Enel

Powernews01 mins

[vc_row][vc_column][vc_column_text]The financial and economic data of Metaenergia (as of 31 December 2017) – have been approved by the shareholders’ meeting with a considerable delay on October 11, 2018. The document containing these data has been filed by the company at the Rome Chamber of Commerce. On the last page of the document the Board of…

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Antitrust fines Eur 109 million to Enel and Acea for market abuse

Powernews01 mins

[vc_row][vc_column][vc_column_text] At the end of an investigation for market abuse, the Italian antitrust authority imposed a EUR 93 million fine to Enel and EUR 16 million to Rome-based Acea. The authority hasn’t gathered sufficient and adequate evidence for a sanction against Milan utility A2A, which has been under investigation for the same charges. The accusation…

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Energia Tre (Platina) invests in the revamping of its 10 MW after the acquittal by the Public Prosecutor of Brindisi.

Powernews01 mins

Milan-based special-purpose vehicle Energia Tre Srl, which holds photovoltaic assets in the province of Brindisi, has signed a million-euro contract with Eurotronica to replace the plants’ inverter. Energia Tre belongs to Platina Energy Partner fund management company, which sold in 2017most of its activities in Italy to NextEnergy Capital. Energia Tre’s plants (each with a…

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Renewable acquisitions in 2018: 1155 megawatts changed ownership. The new top ten

Powernews01 mins

[vc_row][vc_column][vc_column_text]Renewable energy production in Italy shows a strong trend towards concentration. In 2018, 1155 megawatts changed ownership: 905 MW in photovoltaic (PV) ,133 in wind energy, 115 in biomass energy and 2 in biogas energy. The acquisitions amount to hundreds of millions of Euros. Institutional investors have been the most active, the first among them…

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Eviva, all negotiations to try the rescue by leasing the company in exchange for bank guarantees

Powernews01 mins

In early October, with a capital share below the legal requirement, the management of Eviva, one of the largest company in the Italian power and gas market market, plays its last card…

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Eviva’s crisis: from an undiscovered document emerges what happened to Vekselberg’s company

Powernews01 mins

Eviva has reached the threshold of voluntary liquidation with a huge net loss and a negative equity of tens of million euros. The company is based in Italy but is controlled by Russian shareholders. Its accounts have been strongly damaged by…

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