F2i acquires Rtr, divorce brewing from Enel in Ef Solare
C’è aria di divorzio tra il fondo per le infrastrutture F2i e Enel Green Power. Entrambi sono azionisti di Ef Solare, la società leader nazionale nella produzione di energia fotovoltaica….
Ikav takes over 50% of a solar project in Sicily
[vc_row][vc_column][vc_column_text]Palermo-based company Qis sold to the German fund Ikav based in Luxembourg 50% of a Special Purpose Vehicle owner of 10 megawatt solar-thermodynamic cogeneration plant project located in Sicily. The whole project is worth 34 million euro. The sole director of the company is Castrenze Campanella. Active since December 2006 with 120 thousand euros of…
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Axpo Italia builds up the origination division
Axpo Italia, consociata del gruppo svizzero che opera nella produzione e nel trading di elettricità, ha riorganizzato le attività di origination e …
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Compagnia Elettrica Italiana expands hydro plant portfolio
Compagnia Elettrica Italiana (Cei) ha rilevato dalla lussemburghese…
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Engie Italia hires head of legal affairs
Engie Italia
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Power Clouds, Chief Tecnology Officer exits
[vc_row][vc_column][vc_column_text]Roberto Forlani, Chief Technology Officer of Power Clouds will resign as of August 19, 2018. Forlani, who is also a shareholder of the company, will remain a member of the company’s board of directors. Power Clouds, listed on the Otc market in New York, has a photovoltaic portfolio of 6 megawatts across Italy, Japan and…
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Parma industrialist club enters in the photovoltaic sector
Fanno parte dell’azionariato …
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EXCLUSIVE Axpo wins the first round in court against Edison
Axpo Italia, filiale del gruppo svizzero Axpo, secondo indiscrezioni attendibili avrebbe…
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EOS Sicav refinances photovoltaic portfolio
[vc_row][vc_column][vc_column_text]Eos Sicav Plc managed by Abraxas Capital Management, entered into a euro 33 million project finance agreement. The project finance agreement was executed among the Italian subsidiaries Ecodelm Srl, T.S. Rinnovabili Srl, Apricus Srl, Patrimonio Solare Srl, Renewable Energy Utility Systems Srl and Mediocredito (Intesa Sanpaolo group). The portfolio has a total capacity of 28 MW…
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EXCLUSIVE Voluntary wind up for Icasco, customers are afraid
[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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Impact of Nord Stream 2 and Turkstream on the Italian gas market and the importance of TAP
Beginning of this month in Vienna has been signed an agreement to extend until 2040 the existing contract between Gazprom Export and OMV Gas Marketing & Trading for the Russian gas supplies to Austria. The current contract is valid until 2028. The Italian gas market stakeholders didn’t pay too much attention on this message.
In the last two years the European gas consumption is rising and the cold weather in Europe between end of February and beginning of March 2018 led to record daily import volumes of Gazprom at that time. Gazprom Export reported for 2nd March 2018 a daily import quantity to Europe of 713.4 million cubic metre which has never been reached before.
Why should this contract extension and in general the plans of Gazprom to bypass the Ukrainian transit route attract much more the interest of Italian stakeholders……..
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Further exits from Enoi
[vc_row][vc_column][vc_column_text]Milan-based gas and power trader Enoi loses the head of sales. According to market source Power-News has learned that the head of sales, Rocco Raimondi, has resigned from his role. Raimondi in Enoi since 2015 had previously worked at Alpiq Italia and DXT Commodities (formerly known as Dufenergy). The exit of Raimondi if confirmed follows…
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EXCLUSIVE Further details emerge of Glennmont sale
[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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EXCLUSIVE Octopus closes 5 years PPA in Italy
[vc_row][vc_column][vc_column_text]UK photovoltaic investment fund Octopus, pioneer in Italy on the PV market parity (plants whose production does not benefit from any public incentives) has closed a power sales contract for a total of 70.5 megawatts. The portfolio comprises six power plants currently under construction in Lazio and Sardinia. The purchaser of the energy produced by…
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German Green City enters Italian wind business
[vc_row][vc_column][vc_column_text]German group Green City continues its expansion on the Italian renewable energy market with the acquisition of 80% of the share capital of San Bernardo Wind Energy, a company in the province of Cuneo, owner of the “Biovento” wind farm, with an installed capacity of 12,5 megawatts. The plant has an offtake contract with Lugano-based…
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Norwegian Aega expands the Italian PV portfolio
La società norvegese Aega, quotata all’Oslo axess stock exchange, incrementa il portafoglio fotovoltaico in Italia. Aega ha infatti rilevato …
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