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Solvay, Marubeni and Ansaldo Energia Co-Invest in an Energy Efficiency Project

Source: www.gulfoilandgas.com 1/20/2017, Location: Europe

Brussels, Genova and Tokyo, --- Solvay, Marubeni Europe plc (“Marubeni”) and Ansaldo Energia announce today the creation of the joint venture to invest in an energy efficiency project at Solvay’s facility in Rosignano, Italy.

The three partners will finance and operate a new state-of- the-art gas turbine sized 180MW and a repowered plant with a total capacity of 350MW of electrical power and total steam production capacity of 410t/h. This project will allow the plant to be competitively supplied in steam while reducing its environmental impacts thanks to the most efficient technology based on natural gas.

Solvay Energy Services Global Business Unit (GBU) and Marubeni, a major Japanese integrated trading and investment business conglomerate, have a similar pioneering finance structure for their energy efficiency investments in the frame of the EEco Holding*. For this investment in Rosignano, Solvay and Marubeni are partnering with Ansaldo Energia, the turbine supplier.

Solvay Energy Services, Marubeni and Ansaldo Energia join their complementary know-how aiming to improve the plant’s energy and environmental management at limited costs and to accompany its energy transition.

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Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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