19 Dec, 2013 | Company News
PLT energia Spa acquires 100% of the company W-energy Srl
PLT energia SpA, through its subsidiary Micropower Srl, has completed the acquisition of 100% of W-Energy Srl share capital from the Podini Group.

The transaction enables PLT Group to fully consolidate its subsidiary, with an increase in EBITDA of approx. 1.0 M €.

The company W-energy Srl is the owner of the operational wind farm "Serra del Gelo" in Cortale (CZ) composed of 7 Gamesa G52 wind turbines, with a total power of 5.95 MW, whose management and full service maintenance are entrusted to PLT engineering Srl, the company of the Group which streamlines business activities and synergies.

The transaction was completed thanks to the funding granted by Banca Popolare di Bari SpA.

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