Powernews

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

Aretex acquires Chinese stake in Building Energy

Cambio azionario in Building Energy. Nuovo socio forte dell’operatore milanese attivo su scala globale nella produzione di energia da fonti rinnovabili (eolica, solare, idrica e biomasse), nella mobilità urbana e nei servizi di demand side management è il fondo chiuso …

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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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A2A wins Milan gas distribution tender, still 177 concessions to be awarded

[vc_row][vc_column][vc_column_text]Milan-based Unareti, an A2A company, current electricity and natural gas distributor in Milan, was awarded by the Municipality of Milan the gas distribution service within the territorial area of ​​”Milano 1″. The total value of the concession, which will expire in twelve years, is 1 billion 370 million euro. Milano 1 is the second biggest…

Wind offtake, Cubico and Oxara Energy switch traders

Continua anche ad agosto la rotazione nell’elenco degli operatori che, complici le nuove regole sul dispacciamento, escono o consolidano la propria quota di mercato nei servizi del dispacciamento eolico in Italia. Secondo gli ultimi dati della Borsa elettrica, la gestione dei parchi eolici di proprietà del fondo di investimento Cubico (99 MW) è passata …

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European Energy divests 39 MW wind farm in Italy

[vc_row][vc_column][vc_column_text]Luxembourg-based fund Quercus Assets Selection acquired from the German Windpark Bosco, entirely owned by the Danish group European Energy, the wind farm company Lucania Wind Energy. The latter has the ownership of the project of the Bosco Le Piane wind farm in the municipalities of Tolve and Vaglio Basilicata, in the province of Potenza. The…

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ContourGlobal and Credit Suisse partners in the Italian PV market

ContourGlobal Italia, controlled by the independent listed ContourGlobal on the London Stock Exchange, sold 49% of its portfolio of photovoltaic assets in Italy and Slovakia for 63 million euros to a group of funds advised by Credit Suisse Energy Infrastructure Partners (Cseip). The closing of the operation is expected for September. According to the company, the enterprise value of the portfolio sold is 334 million euros. The deal involves…..

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As anticipated by Powernews: Edison will compensate 15m EUR to Axpo Italia

[vc_row][vc_column][vc_column_text]Edison was ordered, at first instance, by the Court of Milan to compensate about 15 million euros to Axpo Italia. The news is stated in the financial statement as of 30 June 2018 of the Edison group, under the item “potential liabilities related to legal disputes”, and fully confirms the exclusive news that had been…

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Tages Helios II renewable energy fund reaches EUR 120m first close

[vc_row][vc_column][vc_column_text]Milan-based Tages Capital has attracted repeat investment from a number of Italian insurance companies for its latest renewable energy infrastructure fund. Tages Capital has secured follow-up commitments from Aviva, Posta Vita, Reale Mutua Assicurazioni and UnipolSai Assicurazioni, and Italian bank Intesa San Paolo. Its first fund, Tages Helios, raised €253m from investors to invest in…

Terna hires director of network planning

[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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Erg and Quercus establish a JV for the Italian PV market

[vc_row][vc_column][vc_column_text]Genoa-based Erg, a renewable energy producer with 2800 MW across Europe and Quercus Assets Selection, a European fund focused on investments in renewable sources with over Euro 350 million of assets under management, have signed an agreement for the creation of a NewCo, ERG Q Solar1. The joint venture will be based in Genoa under…

Ef Solare and the vanished deal of Fiera Milano

[vc_row][vc_column][vc_column_text]The contrasts between the shareholders of Ef Solare – F2i and Enel Green Power, with 50% each – became public the day before yesterday after the Infrastructure Fund of which his CEO Renato Ravanelli announced the agreement to acquire Rtr from the British fund Terra Firma. For the top management of Ef Solare, which had…

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