12 Dec, 2013 | Company News
PLT energia SpA took over 100% of the company Corridonia Energia Srl
PLT energia SpA strengthens its presence in the Marche region with the takeover of Corridonia Energia Srl, which took place on 10th December 2013. Corridonia Energia Srl is a special purpose vehicle of the ESPE Group owning a 1 MWp photovoltaic system.

A similar operation was completed on 4th August 2013 with ESPE Group, concerning the purchase of the company Montefano Energia Srl.

The total power held by PLT Group in the Marche region has therefore increased to 7 MWp , out of which 5MWp are represented by the PV systems mounted on greenhouses in the Province of Fermo and 2 MWp by ground–mounted systems in the province of Macerata . The management and maintenance of the plants are entrusted to the EPC company of the Group, PLT engineering Srl, which streamlines business activities and synergies.

The acquisition of the two companies further strengthens PLT Group with an increase in EBITDA of approx. 1 M € .

The transactions were completed thanks to the funding granted by Banca Popolare di Bari SpA.

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