News
Enel and Infracapital, details emerge on the assets transferred to the Newco
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
[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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Australian fund considers the sale of its wind power assets’ portfolio
Australian infrastructure fund
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Antitrust fines Eur 109 million to Enel and Acea for market abuse
[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.
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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Eviva, all negotiations to try the rescue by leasing the company in exchange for bank guarantees
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
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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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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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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