Eni is electrically recharged with Be Power

Eni is electrically recharged with Be Power

Eni, through Eni gas e luce, has acquired 100% of Be Power to take a further step forward in the energy transition

The future of cars lies in the electric sector, Eni is well aware that it has decided to acquire Be Power SpA, a company which, through its subsidiary Be Charge, is the second largest Italian operator with over 5,000 charging points for electric vehicles on public land.

On 5 August 2021, the six-legged dog announced the signing of an agreement , through Eni gas and light, for the acquisition of 100% of Be Power to take a further step forward in the energy transition by looking at the goal of a total decarbonisation of products and processes by 2050.

WHY ENI HAS DECIDED TO BET ON BE POWER

The acquisition of Be Power allows Eni gas and electricity to become a primary operator in the recharging of electric vehicles on public land, on private land with public access and in Eni service stations, in Italy and abroad, all in one market context that foresees a constant increase in the number of electric vehicles in circulation.

“With the acquisition of Be Power, Eni is positioned among the leading companies in a market at the center of the European Union's energy transition strategy”, commented Claudio Descalzi, Eni's Chief Executive Officer. "The electric vehicle charging infrastructure and services business further enhances Eni's gas and electricity business portfolio, which serves 10 million customers in 6 European countries and can count on an overall renewable capacity, including installed, under construction and with a view to developing on identified areas, equal to 9 GW. We therefore continue on our path that will lead us to be a leader in the production and sale of completely decarbonised products ”.

THE EVOLUTION OF ENI AND ENI GAS AND LIGHT

Eni looks to the future by focusing on technological innovation and sustainability, engaging with concrete actions in a just transition that creates long-term value and allows everyone to access reliable and clean energy while safeguarding the environment. It is no coincidence that its mission is based on the 17 Sustainable Development Goals (SDGs) of the United Nations.

From 1 July 2021, Eni gas e luce updated its Articles of Association in Società Benefit, integrating in its corporate purpose, alongside the profit objective, the aim of having a positive impact on society, communities and people, as well as in particular on the environment.

It is the first large Italian company in the energy sector to take this step, that is to decide to take on the statutory commitment, towards its shareholders, to balance the interests of the latter, the public and all stakeholders.

WHO IS AND WHAT BE POWER DOES

Be Power is a High Tech Company that was founded in 2018 with the aim of being the protagonist of the radical transformation taking place in the energy sector by converging, through an innovative management of digital flows, the new activities of the energy market with the mobility sector. electric.

The Group, with 38 employees and headquarters in Milan, through its subsidiaries Be Charge and 4energia, is active in charging services for electric vehicles, through a proprietary infrastructure spread throughout the territory, and in flexibility services to the national electricity grid by aggregating distributed energy resources (producers and consumers of energy).

Be Charge manages the columns installed on public and private land and is the owner of the related concessions.

It operates through a proprietary technological platform and provides recharging services to electric vehicle drivers on its own or third party columns, through a dedicated App.

ALL THE NUMBERS OF BE POWER

The Be Power Board is made up of eight members: Paolo Amato is the president of the Group while Paolo Martini is the Chief Executive Officer.

The paid-up share capital , equal to 598 thousand euros, is 51% in the hands of REEIF II Volta Sarl (English fund Zouck Capital) and 49% in the hands of Mobility Technology Uk Limited.

Be Power Spa closed 2020 with annual revenues up by 1.2 million euros (+ 79.57%), for a total of 2.7 million, mainly thanks to the subsidiary Be Charge.

EBITDA stood at -2.7 million euros, from -2.4 million in 2019 (+ 13.59%).

The operating loss is reduced by almost 22% to 2,424,581 euros, from the red of 3,106,752 in 2019. Despite the difficulties associated with the pandemic, 2020 represented the second year of full operations of the company in the midst of a global evolution of increasingly clean and decentralized energy systems, with energy generated, stored and distributed closer to end customers.

At 31 December 2020, assets amounted to € 24,445,305.

The outlook for 2021 sees further growth and consolidation of the business model and investments begun in 2019 as the main objective, paying even greater attention to the development of digital solutions at the service of electric mobility and demand / response.


This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/energia/eni-si-ricarica-elettricamente-con-be-power/ on Sun, 08 Aug 2021 14:15:17 +0000.