Profond divests the wind and PV portfolio, including Italian assets

[vc_row][vc_column][vc_column_text]The Swiss fund Profond, through its subsidiary Profond Finanzgesellschaft, has put on sale its European portfolio of wind farms and photovoltaic plants for a total of 94 MW. The plants are located in France (56 MW wind), in Italy (15.2 MW photovoltaic) and between England and Wales (25 MW photovoltaic). Consultant for the disposal operation,…

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Quercus awards O&M contract for its PV portfolio

[vc_row][vc_column][vc_column_text]UK based renewable infrastructure fund has awarded a O&M contract for its PV portfolio to Gildmeister energy services. Gildmeister is a subsidiray of german group DMG Mori. It will provide the O&M services for Quercus European PV portfolio of 200 MW in UK, Romania, Italy and Bulgaria. In Italy Quercus together with Swisslife owns ASI-Azienda…

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Gas trader leaves Axpo

[vc_row][vc_column][vc_column_text]Giovanni Uneddu, gas trader at Genua-based company Axpo Italia has left the trading arm of the Swiss group Axpo. Uneddu joined Axpo Italia in 2012. Market sources are confirming his return to The Netherlands. Previously  he worked as power trader at Dutch trading company Eneco.[/vc_column_text][/vc_column][/vc_row]

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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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Axpo duo joins CURA

[vc_row][vc_column][vc_column_text]Ravenna based C.U.RA. supply and trading arm of the local industrial association has hired two former Axpo Italia employees. Alessandra Frigato Bonello, former operations and marketing for the retail market and Giacomo Musso former commercial director will join the team of C.U.RA. Frigato Bonello left Axpo Italia last December. In the past she worked at…

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EXCLUSIVE Mareccio Energia adds 9 MW to its PV portfolio

[vc_row][vc_column][vc_column_text]Mareccio Energia continues to increase its photovoltaic portfolio by adding 9 plants of 1 MW each for a total of 9 MW. All plants are located in the municipality of Villapiana in Calabria and are owned in three company vehicles, Andromeda Due, Pegaso Tre and Perseo Energia. Gpg Infrastrutture, a company based in Rome and…

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Ens Solar Five (Palladio), the Court of Milan approves composition with creditors

[vc_row][vc_column][vc_column_text]Milan-based photovoltaic producer Ens Solar Five, wholly owned by Vei Green, obtained last week by Milan court the homologation of the direct-standing composition with creditors. Vei Green invests in renewable energy and is controlled by Pfh Palladio Holding, the Vicenza-based company founded by Roberto Meneguzzo, of which Giorgio Drago is CEO, who in 2012 together…

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Aquila Capital lands on Italian PV market with a 39 MW project in Puglia

[vc_row][vc_column][vc_column_text]The German fund manager Aquila Capital lands on the Italian photovoltaic market with a 39 MW project in market parity. This is the first operation of its kind for Aquila Capital in Italy. The Enviromental Application was submitted by the subsidiary Guarini to the province of Brindisi last week. The photovoltaic plant called “Guarini” should…

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Cubico buys 26.4 MW PV portfolio

[vc_row][vc_column][vc_column_text]London-based renewables investor Cubico Sustainable Investments has purchased a 26.4 MW portfolio of operational solar parks in Italy from funds managed by Zug-based Partners Group. Financial terms of the deal were not disclosed. As it was anticipated by Powernews two months ago the portfolio consists of 15 photovoltaic plants located in the regions of Veneto…

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Axpo buys 3 MW PV plants from Moncada

[vc_row][vc_column][vc_column_text]Axpo Solutions Italia, a subsidiary of Axpo Italia, took over from the Sicilian group Moncada a portfolio of PV plants held in the company vehicles Moncada Energy Group Srl and M & A Rinnovabili Srl. The portfolio of about 3 MW consists of plants located in Sicily (1 MW), Lombardy (1.5 MW) and Piedmont (0.5…

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Eni, the inquiry into the business in Congo that gets Eni’s Ceo Descalzi in trouble

[vc_row][vc_column][vc_column_text]Eni’s Ceo Claudio Descalzi is facing tough times.  His position is increasingly at risk after the judicial investigation into alleged bribes between Italy and Congo Brazzaville. Protection from Lega and the adoption of a protective attitude towards him by Prime Minister Giuseppe Conte play in his favor. We must wait to see what will happen…

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