Coro Energy produces 5.5 million cubic meters of gas in Italy in the first half of 2018

Coro Energy (ex Saffron Energy), una piccola compagnia inglese che opera nell’esplorazione e nella produzione di petrolio e gas naturale principalmente nel Sud-Est asiatico e in Nord Italia, chiude il primo semestre 2018 con…

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Blue Elephant Energy buys 20 MW wind park in Italy

[vc_row][vc_column][vc_column_text]Hamburg’s based Blue Elephant Energy has acquired a 20 MW wind farm located in Oppido Lucano in the province of Potenza in the Basilicata region. The plant sold by Danish investment group European Energy Group, consists of 10 Vestas V110 turbines. The wind farm has been operational since early 2017. [/vc_column_text][/vc_column][/vc_row]

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Axpo Italia hires originator

[vc_row][vc_column][vc_column_text]Axpo Italia has hired Yari Grimoldi, former Key Account Manager of Electra Italia (BKW), as originator in Genova. He is expected to join the commodities merchant in February and will report to Lorenzo Oliviero, Head of Origination, Power-News.it has learned. Prior to joining Electra Italia, he spent seven years as portfolio manager at Milan’s based…

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US company buys 5.1 MW and doubles its Italian PV portfolio

[vc_row][vc_column][vc_column_text]Chinese conglomerate, Risen, listed on the Shenzen stock exchange, producer of photovoltaic panels, has sold to US-based Alternus Energy five vehicle companies owning seven photovoltaic plants in Italy for a total of 5.1 MW installed capacity. After this operation, Risen’s Italian portfolio drops to 18 MW. With this acquisition the Italian PV portfolio reaches 10…

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A2A-Novapower deal. The portfolio details

[vc_row][vc_column][vc_column_text]Milan’s based A2A through the company vehicle A2A Rinnovabili has bought from Novapower (Merloni group) 16 PV plants located in the Marche region. The portfolio with an installed capacity of 17.8 MW has an annual production of 23.4 GWh. Thanks to this operation, which follows the purchase of 18 photovoltaic plants of last September, A2A…

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Edisun Power Europe places five-years bond

[vc_row][vc_column][vc_column_text]Zurich-based Edisun Power Europe listed on the Zurich Stock Exchange and active since 1997 in the photovoltaic sector, announced the issuance of a 5 million Swiss franc bond loan, equivalent to EUR 4.4 million, to finance the construction of new plants. The bond will pay a 2% coupon which replaces another CHF 5 million 10-year……

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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Po Valley sells Italy operations subsidiary to Saffron Energy

[vc_row][vc_column][vc_column_text]Saffron Energy, listed on the AIM of the London Stock Exchange has acquired the Italian oil & gas portfolios of each of Sound Energy Plc, and Po Valley Energy. The transactions will be structured as a purchase of the entire issued share capital of Sound Energy Holdings Italy Ltd, and Po Valley Operations Pty Ltd….

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