Whitehelm Capital and Gruppo Fratelli Visconti to form Ecotermica Servizi.

Whitehelm Capita and Gruppo Fratelli Viscontil, two investment management companies, agreed to form Ecotermica Servizi. Financial terms are not disclosed. “We have taken deliberate actions over the last three years to de-risk and strengthen ETS and are now delighted to further focus on growth, consistently with the objectives set by Italy’s National Recovery and Resilience Plan (NRRP). With the strategic partnership with Whitehelm we are thinking bigger and moving faster to position ETS to become a leading player in the Italian district heating market,” Gianmaria Visconti, Gruppo Fratelli Visconti CEO.