Headlines

EXCLUSIVE: Metaenergia signs an agreement with A2A to protect its customers from moving back to the safeguard market

Powernews01 mins

[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…

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Alps Energy buys Idroemilia hydro plants

Powernews01 mins

Alps Energy RE Fund, which is managed by Serenissima SGR, has acquired Idroemilia, previously owned by Piacentini Costruzioni and SINLOC. Idroemilia manages a portfolio of four hydroelectric plants (two operational, one authorised, and one awaiting authorisation) having a total capacity of circa 7.5 MW. All four are located in the provinces of Reggio Emilia and…

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Terna hires director of network planning

Powernews01 mins

[vc_row][vc_column][vc_column_text]Giacomo Donnini is back to Terna after ten years as a network planning director. Donnini took the role, ten days ago, previously managed by Enrico Maria Carlini (who, interimly, had been held by Luigi Michi) who took over the position of head of dispatching services previously managed by Guido Guida. Powernews had already anticipated last…

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Possible implications of a longer outage of TENP pipeline

Josef Winkler05 mins

The TSOs of the TENP pipeline are executing maintenance works which lead to significant reductions of transport capacity (mainly Exit Capacity Wallbach) from April to October since several years. This winter it was the first time that these reductions are also ongoing during the winter months.

This article tries to summarize possible implication of a longer outage of the TENP pipeline with relevant substantial capacity reductions.

Germany
The internal reservation in Germany at German ………

EXCLUSIVE Further details emerge of Glennmont sale

Powernews01 mins

[vc_row][vc_column][vc_column_text]Further details have emerged on the 85 MW photovoltaic portfolio divestment of Glennmont (link news). The UK infrastructure fund is advised by Rothschild and the project code is “Project Tosca”. Currently the plants have not be refinanced and the binding offers are expected by 25th of July.[/vc_column_text][/vc_column][/vc_row]

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The considered PSV discount of Shah Deniz contract acquired by Edison

Powernews01 mins

Last October Edison bought the customer portfolio of Gas Natural in Italy as well as the long-term contract from Shah Deniz II. Power-News.it did a commercial valuation of the contract in order to assess…………..

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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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Capital Stage becomes Encavis

Powernews01 mins

[vc_row][vc_column][vc_column_text]German investment fund Capital Stage becomes Encavis following the merger with Chorus Solar. The new company, operational since yesterday, in Italy has a portfolio of 6 MW of wind and 163 MW of photovoltaic (154 MW directly owned and 7 MW under asset management from third parties). All assets details are available on the online…

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Erg Q Solar 1 in stand-by, the resignation of Gamberale from Quercus would have cooled down Garrone’s interest

Powernews01 mins

[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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EXCLUSIVE Voluntary wind up for Icasco, customers are afraid

Powernews01 mins

[vc_row][vc_column][vc_column_text]Milan-based trader Icasco, active in the environmental credit market, was placed into voluntary wind up. The registration to the Court of Milan took place in May 2018. The causes of liquidation are not known. A dismissal letter was sent to the seven employees. Michele Canditone was appointed liquidator of the company. Established in 2009 with…

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Axpo Italia hires originator

Powernews01 mins

[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……

PV market parity, more than 1300 MW projects and the PPA open issue

Powernews01 mins

[vc_row][vc_column][vc_column_text]The renewable energy market is really hot right now, especially in the PV sector in Sicily, Apulia and Lazio. Since 571 MW January of PV plants have already been authorized in these three regions, respectively 298 MW in Sicily, 150 in Lazio and 123 in Apulia. 770 MW of PV plants (700 MW in Lazio…

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Bper refinances Sicilia Solare plants

Powernews01 mins

[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……

Octopus refinances Italian solar projects adding additional 110 MW

Powernews01 mins

[vc_row][vc_column][vc_column_text]Octopus Investments has completed the refinancing of 5 solar projects with 64 MW of generation capacity near to Montalto di Castro in the Lazio region of Italy. The EUR 23 milion financing package has been provided by MPS Capital Services Banca per le Imprese (MPSCS). Further 110 MW of subsidy free solar projects are currently…

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Falcks hires new chief information officer

Powernews01 mins

[vc_row][vc_column][vc_column_text]Milan-based Falck Renewables has hired Michela Bambara as Chief Digital and Information Officer. Previously she worked at gas network operator Snam Rete Gas and Edison. Falck Renewables owns a renewables assets portfolio of 964 MW across Italy, Spain, France, UK and USA. In Italy the wind portfolio has 291 MW of installed capacity while the…

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