Category Archives: Italy

Press Releases & News from Italy distributed via EuropaWire

Plenitude and Ferriera Valsabbia Ink 10-Year Deal for Renewable Wind Energy Supply

(IN BRIEF) Plenitude has signed a 10-year Corporate Power Purchase Agreement (PPA) with Ferriera Valsabbia to supply energy from a 15MW wind farm in Sannicandro di Bari, Italy. Starting in September 2024, the wind farm will generate over 350 GWh … Read the full press release

Digi Communications N.V. announces the conclusion of a share purchase agreement by its subsidiary in Portugal

(IN BRIEF) On 1 August 2024, Digi Communications’ subsidiary, DIGI Portugal, LDA, entered into a share purchase agreement with LORCA JVCO Limited to acquire 100% of Cabonitel, S.A. for EUR 150 million, subject to customary adjustments and contingent events. Cabonitel … Read the full press release

Eni’s Enilive and Poste Italiane Partner to Supply Biofuels for Ground Vehicles and Aircraft

(IN BRIEF) Enilive, a subsidiary of Eni, has partnered with Poste Italiane to supply biofuels for its ground and air fleets, aiming to accelerate Poste Italiane’s progress toward its 2030 energy transition and carbon neutrality goals. The collaboration involves supplying … Read the full press release

EIB and Natixis Finance Major Photovoltaic Project in Italy

(IN BRIEF) The European Investment Bank (EIB), Natixis Corporate & Investment Banking (Natixis CIB), and the Sunprime Group have signed a project finance operation worth €204 million to support the construction of over 100 photovoltaic plants across Italy, with a … Read the full press release

Bosch and Ducati Unveil Advanced Brake System for Racetrack Excellence

(IN BRIEF) Bosch and Ducati have co-developed a new electronic Combined Brake System (eCBS) designed for racetrack performance, which will debut on the new Ducati Panigale V4 at World Ducati Week 2024. The advanced eCBS technology, which integrates data from … Read the full press release

Eni Reports Strong Q2 2024 Growth with Strategic Portfolio Upgrades and Enhanced Shareholder Returns

(IN BRIEF) Eni reported strong growth and strategic progress in Q2 2024, achieving an adjusted net profit of €1.5 billion. Key achievements include a 6% year-on-year increase in oil and gas production, significant portfolio upgrades, and advancements in transition businesses … Read the full press release

PETRONAS, Enilive, and Euglena Finalize Investment for Biorefinery to Boost Sustainable Biofuel Production in Malaysia

(IN BRIEF) PETRONAS, Enilive, and Euglena have made a final investment decision to develop a biorefinery at PETRONAS’ Pengerang Integrated Complex in Johor, Malaysia. Set to be operational by the second half of 2028, the biorefinery will produce Sustainable Aviation … Read the full press release

EIB and Prysmian Join Forces to Enhance Europe’s Energy Infrastructure

(IN BRIEF) The European Investment Bank (EIB) has signed a €450 million finance contract with Prysmian to enhance electricity transmission and distribution in Europe, focusing on renewable energy and offshore wind. The funds will be used to manufacture extra-high-voltage submarine … Read the full press release

Digi Communications N.V. Announces Rating Assigned by Fitch Ratings to Digi Communications N.V.

(IN BRIEF) On July 24, 2024, Digi Communications N.V., a leading European telecommunication services provider, announced that Fitch Ratings has assigned the company a Long-Term Issuer Default Rating (IDR) of ‘BB’ with a stable outlook. This rating reflects the company’s … Read the full press release

AFRY Leads Innovative Climate Resilience Study on Ischia, Presented by EIB

(IN BRIEF) AFRY, in collaboration with the European Investment Bank (EIB), spearheaded a pioneering climate resilience study focused on Ischia, Italy, addressing the island’s vulnerability to earthquakes and landslides exacerbated by climate change. The comprehensive report, unveiled at a press … Read the full press release

EIB and Poste Italiane Partner for €450 Million Investment to Enhance Digital and Sustainable Logistics

(IN BRIEF) The European Investment Bank (EIB) and Poste Italiane have signed a €450 million finance contract to modernize and digitalize Poste Italiane’s logistics and postal services. This funding will be used to establish new automated parcel sorting centers, including … Read the full press release

Edison and Webuild Collaborate on Major Pumped Hydroelectric Projects to Enhance Italy’s Energy Security and Economic Development

(IN BRIEF) Edison and Webuild have joined forces to develop pumped hydroelectric projects in Southern Italy, focusing on sites in Pescopagano and Villarosa. These projects aim to generate 500 MW of pumped energy by 2030, supporting Italy’s energy security and … Read the full press release

Digi Communications N.V. announces significant agreements concluded by the Company’s subsidiaries in Spain

(IN BRIEF) Digi Spain Telecom S.L.U. (“DIGI Spain”) has signed a 16-year national roaming and RAN sharing agreement with Telefónica Móviles España, effective from 1 January 2025. Additionally, a 10-year fixed broadband bitstream wholesale agreement has been concluded. These deals, … Read the full press release

Digi Communications N.V. announces the availability of the instruction regarding the payment of share dividend for the 2023 financial year

(IN BRIEF) Digi Communications N.V., a leading European telecommunication services provider, has released detailed instructions for the payment of a 1.25 lei per share dividend for the 2023 financial year. The dividend will be paid on 22 July 2024 to … Read the full press release

EIB and Banca Etica Partner to Drive €165 Million Investments in Italy’s Social Economy

(IN BRIEF) The European Investment Bank (EIB) and Banca Etica have signed a €60 million agreement to stimulate €165 million in investments across Italy. The initiative aims to support women-led SMEs, improve services for refugees, and boost economic development in … Read the full press release

Digi Communications N.V. announces the granting of conditional stock options to Executive Directors of the Company based on the general shareholders’ meeting approval from 25 June 2024

(IN BRIEF) Digi Communications N.V. has granted conditional stock options to its Executive Directors following the general shareholders’ meeting approval on 25 June 2024. The grants include 80,000 options for Mr. Serghei Bulgac and 60,000 for Mr. Valentin Popoviciu, subject … Read the full press release

Digi Communications N.V. announces the OGMS resolutions and the availability of the approved 2023 Annual Report

(IN BRIEF) Digi Communications N.V. held its general shareholders’ meeting (GSM) today, announcing significant resolutions and the availability of its 2023 Annual Report. Key decisions include: Adoption of the 2023 Annual Accounts. Approval of a gross dividend of 1.25 RON … Read the full press release

FS Group Secures Landmark €3.5 Billion Sustainability-Linked Credit Facility

(IN BRIEF) Ferrovie dello Stato Italiane S.p.A. (FS Group) has signed its largest ever financial deal, a €3.5 billion committed and revolving credit facility with a three-year term. The credit line, secured with nine banks including Banca Popolare di Sondrio, … Read the full press release

EIB and Iren Group Secure €200 Million for Modernizing Italy’s Electricity Infrastructure

(IN BRIEF) The European Investment Bank (EIB) and the Iren Group have signed a €200 million financing agreement to enhance electricity infrastructure in Parma, Turin, and Vercelli. The project focuses on increasing grid resilience, digitizing services, and improving electricity consumption … Read the full press release