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Edison

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

Powernews01 mins

[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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Antitrust fines Eur 109 million to Enel and Acea for market abuse

Powernews01 mins

[vc_row][vc_column][vc_column_text] At the end of an investigation for market abuse, the Italian antitrust authority imposed a EUR 93 million fine to Enel and EUR 16 million to Rome-based Acea. The authority hasn’t gathered sufficient and adequate evidence for a sanction against Milan utility A2A, which has been under investigation for the same charges. The accusation…

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Edison is preparing the international tender to sell the upstream business

Powernews01 mins

[vc_row][vc_column][vc_column_text]Milan-based energy group Edison has given a mandate to Rothschild to divest the oil upstream activities. The news was announced by Powernews in March this year. A source familiar with the matter tells Powernews that the sector of exploration and production of oil and natural gas will be offered on the market through an international…

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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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Offtake, Edison loses on PV market, Next Kraftwerke rises in wind

Powernews01 mins

[vc_row][vc_column][vc_column_text]The German trader Next Kraftwerke increases the wind portfolio adding the Aren Electric wind farms. Since the beginning of June, Next Kraftwerke has added 58 MW to its portfolio, reaching 124 MW. Former off-taker was the South-Tyrol trader Energy.Trade, trading company of Psaier Energies group. Last month another company of the Psaier group, Energy.Dis, has…

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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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Corrected: Wind off takers 2018, the market leadership of Enel

Powernews03 mins

[vc_row][vc_column][vc_column_text]Text corrected and updated. We want apologize for any inconveniences or problems that these issues caused you The market rumours during the last months about the aggressive off-take campaign by Enel became a reality. The market results,published during the last days, bring Enel to the first rank with 1.800 MW under management. Enel has incremented…

2018 Italian PV traders offtake market share

Powernews01 mins

[vc_row][vc_column][vc_column_text]Italy’s power exchanges (GME) has published the market data and we can give a detailed view about the photovoltaics off-take campaign. Edison lost 59 MW compared to the previous year and was reached by Dufenergy with 226 MW, adding 89 MW to the 2017 portfolio. Trailstone, Green Network and ENOI didn’t take any capacity. Trento’s based…

Gas Natural exits Italy in €1.02B assets divestment

Powernews01 mins

[vc_row][vc_column][vc_column_text]Spanish utility Gas Natural Fenosa after 13 years will sell €1.02 billion worth of Italian assets. The group has agreed to two separate sales with gas distributor 2i Rete Gas and energy group Edison, in the amounts of €727 million and €293 million, respectively. 2i Rete Gas, owned by F2i and Ardian will purchase 100%…

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Edison signs 20 year US LNG contract

Powernews01 mins

[vc_row][vc_column][vc_column_text]Edison and Venture Global Calcasieu Pass have entered into a LNG Sales and Purchase Agreement (SPA), concerning the purchase by Edison of 1 million tons per annum of LNG (equivalent to approximately 1.4 billion cubic meters of natural gas per year) from the Calcasieu Pass LNG export facility, currently being developed by Venture Global in…

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