Announced
Financials
Sources
Tags
Italy
Renewable Energy Equipment
Friendly
Majority
Pending
hydroelectric
Single Bidder
Acquisition
Private
Domestic
Synopsis
Ascopiave, a operator in natural gas distribution, agreed to acquire the hydroelectric portfolio of E.VA. Energie Valsabbia, an engineering services provider, for $27m. “The investment made in the assets of the hydroelectric sector is epoch-making for the Ascopiave Group, as it translates tangibly one of the fundamental guidelines of the Strategic Plan approved by the Board of Directors at the beginning of 2021, i.e. the “diversification” of the company’s business, and specifically sets in motion the production of clean and sustainable energy,” Nicola Cecconato, Ascopiave Chairman and Managing Director.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.