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ERG

Erg and Quercus dissolve Erg Q Solar 1, the relation has been cooled down since months

Powernews01 mins

[vc_row][vc_column][vc_column_text]The relation between Erg group and Quercus fund, specialized in renewable energy investments had cooled in Autumn 2018. Powernews reported it in November 2018 and caused the disappointment of Quercus Assets Selection’s Ceo Diego Biasi. The joint press release issued yesterday by Erg Q Solar 1’s two promised partners proved that we were right: “Erg…

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Erg Q Solar 1 in stand-by, the resignation of Gamberale from Quercus would have cooled down Garrone’s interest

Powernews01 mins

[vc_row][vc_column][vc_column_text]Started with of great expectations Erg Q Solar 1, the solar joint venture between Erg of the Garrone family (60%) and the Quercus Italian Solar fund (40%) founded by Diego Biasi and Simone Gorla, run by the Luxembourg-based Quercus Assets Selection Sarl. The target: to consolidate the Italian photovoltaic fragmented market by aggregating in a…

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

Powernews01 mins

[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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VEI Green divests the wind business

Powernews01 mins

[vc_row][vc_column][vc_column_text]VEI Green, an investment company of the Palladio Holding group, has divested its interest in the wind generation business. VEI Green has sold its stake in the WIISPA company an operations vehicle created last year with Whysol Investimenti. VEI Green has awarded in WIISPA the wind farm Carpinone (24 MW) located in Molise. In addition…

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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…