{"id":20700,"date":"2017-12-15T13:46:17","date_gmt":"2017-12-15T12:46:17","guid":{"rendered":"https:\/\/eph23.atelierzidlicky.eu\/?post_type=press-releases&#038;p=20700"},"modified":"2017-12-15T13:46:17","modified_gmt":"2017-12-15T12:46:17","slug":"eph-group-enters-the-biomass-business-in-italy","status":"publish","type":"press-releases","link":"https:\/\/eph23.atelierzidlicky.eu\/en\/press-releases\/eph-group-enters-the-biomass-business-in-italy\/","title":{"rendered":"EPH GROUP ENTERS THE&nbsp;BIOMASS BUSINESS IN&nbsp;ITALY"},"content":{"rendered":"<p>EPH (Energetick\u00fd a&nbsp;pr\u016fmyslov\u00fd holding, a.s.) completed today the&nbsp;acquisition of&nbsp;the&nbsp;biomass power plants owned by Biomasse Italia and&nbsp;Biomasse Crotone (for a&nbsp;total capacity of&nbsp;73&nbsp;MW) from Bioenergie (50%) and&nbsp;Api N\u00f2va Energia (50%), becoming the&nbsp;most important group in&nbsp;Italy in&nbsp;the&nbsp;renewable energy production from solid biomasses. A&nbsp;preliminary agreement was signed on October 20th.<\/p>\n<p>The transaction is part of&nbsp;the&nbsp;development plan of&nbsp;the\u00a0 Group to expand into the&nbsp;European renewables business. The&nbsp;total EBITDA of&nbsp;both companies is about \u20ac 50 million, with an induced workforce of&nbsp;about 950 jobs, direct and&nbsp;indirect.<\/p>\n<p>The transaction is part of&nbsp;the&nbsp;Czech Group\u2019s strategy to develop the&nbsp;business of&nbsp;renewable energy in&nbsp;Europe. This is the&nbsp;second investment in&nbsp;biomass energy after the&nbsp;conversion project of&nbsp;the&nbsp;400&nbsp;MW carbon power plant of&nbsp;Lynemouth, as part of&nbsp;the&nbsp;coal \u201cphase out\u201d program promoted in&nbsp;the&nbsp;United Kingdom. Once completed, this will become one of&nbsp;the&nbsp;biggest biomass plant globally.<\/p>\n<p>The acquired companies operate in&nbsp;the&nbsp;energy valorization of&nbsp;the&nbsp;Italian wooden biomass. Italy represents an excellence in&nbsp;this industry at European level. This, through the&nbsp;sustainable and&nbsp;efficient maintenance activities of&nbsp;the&nbsp;wood forests, also generates important environmental benefits, like the&nbsp;prevention of&nbsp;fires and&nbsp;the&nbsp;reduction of&nbsp;hydrogeological risks. Thanks to the&nbsp;removal of&nbsp;wooden materials from the&nbsp;river banks, the&nbsp;likelihood of&nbsp;disasters in&nbsp;case of&nbsp;floods is reduced.<\/p>\n<p>\u201c<em>We are proud of&nbsp;this acquisition, which confirms the&nbsp;international vocation of&nbsp;the&nbsp;Group to sustain the&nbsp;ongoing energy transition, increasing the&nbsp;share of&nbsp;sustainable energy production<\/em>\u201d, said Marco Arcelli, EPH Business Development Directors. \u201c<em>The use of&nbsp;biomass in&nbsp;the&nbsp;power production allows the&nbsp;plants to be programmable, differently from other renewable sources, and&nbsp;guarantees the&nbsp;safety of&nbsp;the&nbsp;power system, while securing important employment levels. Moreover, biomass could be the&nbsp;best tool to meet the&nbsp;goal of&nbsp;coal phase-out foreseen by the&nbsp;new National Energy Strategy, as proven in&nbsp;the&nbsp;UK and&nbsp;in&nbsp;Denmark<\/em>\u201d, ended Arcelli.<\/p>\n<p>With Biomasse Italia and&nbsp;Biomasse Crotone, the&nbsp;EPH Group integrates in&nbsp;its&nbsp;workforce 67 direct employees. The&nbsp;expected EBITDA of&nbsp;the&nbsp;two companies in&nbsp;2017 amounts to \u20ac50 million, with an induced workforce of&nbsp;950 direct and&nbsp;indirect jobs. Through this operation, EPH confirms its&nbsp;interest in&nbsp;new investment in&nbsp;the&nbsp;Italian energy sector, by strengthening the&nbsp;current presence of&nbsp;EP Produzione, the&nbsp;Italian generation company that manages in&nbsp;the&nbsp;Country an overall capacity of&nbsp;4.3&nbsp;GW through 6 thermoelectric plants.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EPH (Energetick\u00fd a&nbsp;pr\u016fmyslov\u00fd holding, a.s.) completed today the&nbsp;acquisition of&nbsp;the&nbsp;biomass power plants owned by Biomasse Italia and&nbsp;Biomasse Crotone (for a&nbsp;total capacity of&nbsp;73&nbsp;MW) from Bioenergie (50%) and&nbsp;Api N\u00f2va Energia (50%), becoming the&nbsp;most important group in&nbsp;Italy in&nbsp;the&nbsp;renewable energy production from solid biomasses. A&nbsp;preliminary agreement was signed on October 20th. The&nbsp;transaction is part of&nbsp;the&nbsp;development plan of&nbsp;the\u00a0 Group to [&hellip;]<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"tax-year":[72],"acf":[],"wpml_current_locale":"en_US","wpml_translations":[{"locale":"cs_CZ","id":20699,"post_title":"EPH koupil dv\u011b elektr\u00e1rny spaluj\u00edc\u00ed biomasu v It\u00e1lii","href":"https:\/\/eph23.atelierzidlicky.eu\/eph-koupil-dve-elektrarny-spalujici-biomasu-italii\/"}],"_links":{"self":[{"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/press-releases\/20700"}],"collection":[{"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/press-releases"}],"about":[{"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/types\/press-releases"}],"wp:attachment":[{"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/media?parent=20700"}],"wp:term":[{"taxonomy":"tax-year","embeddable":true,"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/tax-year?post=20700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}