on Energy S.p.A. (isin : IT0005500712)
Energy Group Secures LOI for Innovative EMS in Austria
Energy Group, through its subsidiary Enermore S.r.l., has signed a Letter of Intent (LOI) with Stadtwerke Amstetten in Austria. The agreement involves supplying and integrating an energy management system (EMS) and a 1MW/2,256kWh Battery Energy Storage System (BESS). The installation, valued at €700,000, is expected by March 2025.
This collaboration includes a strategic commercial partnership to access Austrian market customers. CEO Davide Tinazzi noted this as a pivotal move in the DACH region, emphasizing the promotion of sustainable energy solutions and enhancing public administration services.
The move will aid Energy Group in expanding its influence within Central Europe, aligning with EU energy transition aims by advancing local energy stability with renewable integration.
R. H.
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