Headlines

Renewable energy assets: Sicily publishes the authorized but unrealized plants and the names of the companies, including one from Hong Kong

Powernews01 mins

[vc_row][vc_column][vc_column_text]On 11th January 2019 the energy department of Sicily sent an ultimatum. The recipients: the companies allowed to build new renewable energy plants, which haven’t started working yet. The department director Salvatore D’Urso signed a provision, which introduced new rules from the day the document is officially registered. First point: companies which propose building projects…

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A2A-Novapower deal. The portfolio details

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[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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European Energy issues EUR140 million green bond

Powernews01 mins

[vc_row][vc_column][vc_column_text]Copenhagen-based European Energy, very active in Italy, has closed the subscription for a new green bond of EUR 140 million at the annual rate of 5.35%. The bond, which will expire in 2024, was oversubscribed with requests for 296 EUR million. About EUR 55 million will finance new projects, while the remaining EUR 85 million…

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Gas trader leaves Axpo

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[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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Ankorgaz, the first bio-LNG plant. The capital will be open to a strategic partner

Powernews01 mins

[vc_row][vc_column][vc_column_text]Antonio Barani started his career when he was 23 in Dubai, swapping oil for a big hedge fund of Imar Properties group. At the end of 2009 he moved to Montecarlo, where he opened the trading oil company Ankor Energy group with Mike Powers (an American citizen close to Prince Alberto II of Monaco) and…

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EXCLUSIVE Voluntary wind up for Icasco, customers are afraid

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[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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TE Energy buys 4 MW PV in Italy

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[vc_row][vc_column][vc_column_text]German renewable investment fund, TE Energy bougth Santeramo Energia owner of two PV plants. Santeramo Energia owns a roof mounted 3 MW plant located in the Veneto region (Canaro in the province of Rovigo) and a 0.95 MW ground mounted plant located in southern italy in Santeramo in Colle (Apulia). [/vc_column_text][/vc_column][/vc_row]

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Silver Ridge offloads Italian PV portfolio

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[vc_row][vc_column][vc_column_text]Silver Ridge Power Italia, a joint venture between Riverstone and SunEdison has sold to Cubico  105.6 MW portfolio of 18 solar PV plants in the Italian regions Apulia, Lazio and Sicily Cubico has not disclosed the financial terms of the deal. The plants in the portfolio have been operational since between 2010 and 2013. They are……

Etrion to unload Italian solar assets to Ultor

Powernews01 mins

Etrion has signed a definitive sale-and-purchase agreement with Ultor SpA, a joint venture owned equally by Enel Green Power SpA and Fondo Italiano per le Infrastrutture (F2i). Ultor is purchasing Etrion’s 60-megawatt Italian solar portfolio for initial cash consideration of 78 million euros and the assumption of related project-level debt of 221 million euros, with…

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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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Edison, the representative of the savings shareholders looks the appeal of the 2018 balance sheet

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[vc_row][vc_column][vc_column_text]The resolution approving Edison’s financial statements as of 31 December 2018 voted during the company’s recent annual meeting could be challenged by the common representative of the savings shareholders, the lawyer Luciano Castelli. Appointed in this role by the Amber fund, Luciano Castelli, a professional partner of the Lca law firm complains to the French…

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