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Powernews

Since 2001 news, data and advisory services on the Italian energy market.

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

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[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

Powernews01 mins

[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

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[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

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[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

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[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

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[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

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[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

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[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

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[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

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[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

Powernews01 mins

[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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