Fri-El, here are the numbers and business of the company bought by Eni
Who it is, what it does and what numbers does Fri-El Biogas, the company acquired by Eni, do
Circular shopping for Eni . Ecofuel, the six-legged dog company active in the circular economy, has acquired Fri-El Green Power, the holding company of the Gostner family, betting on biogas.
Here are the names, businesses and numbers of the acquired company.
THE ACQUISITION
Eni, through Ecofuel, acquires Fri-El Biogas Holding, an Italian leader in the biogas production sector and owned by the Gostner family.
WHAT FRI-EL Biogas DOES
The company is active in the production of electricity from renewable sources. In particular, the group owns 21 plants for the generation of electricity from biogas and a plant for the treatment of Forsu ( organic fraction of municipal solid waste ).
ENI BETS ON BIOMETHANE
And thanks to Fri-El, the six-legged dog wants to bring the biomethane introduced into the network to over 50 million cubic meters a year, thanks also to the conversion of the Forsu plant to biogas production.
THE MEMBERS OF FRI-EL
The company, which has 41 employees (almost all permanent employees), is controlled, in equal parts, by Fri-El Capital Srl, Fri-El energy investment and Ener. Fin Srl and is led by Thomas Gostner, as President, and Josef Gostner, as CEO.
THE NUMBERS OF FRI-EL
The company acquired by Eni recorded a production value of 3,400,638 euros in 2019, a slight decrease compared to the 4,025,015 euros of 2018. The profit also decreased: 50,518,042 euros in 2019, compared to 67,678. 101 euros in 2018, against costs of 8,982,033 euros.
The company boasts fixed assets worth 477,203,979 euros and receivables for 21,235,587 euros.
THE COMMENT OF DESCALZI
“With this operation we have laid the foundations for strong growth in the biomethane sector, which will be distributed in Eni service stations, both as compressed natural gas and as liquefied natural gas. A business area that is strategic for us in the path of complete reduction of our emissions, and a significant contribution to the decarbonisation of transport and the offer of sustainable products to our customers. The path we have outlined in our strategy continues with a new and important element of concreteness ”, declared Claudio Descalzi , CEO of Eni.
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/energia/fri-el-ecco-numeri-e-business-della-societa-comprata-da-eni/ on Mon, 22 Mar 2021 15:21:19 +0000.