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On December the 19th PLC S.p.A. has executed an investment agreement for the acquisition through a capital increase of 51% of the share capital of Schmack Biogas S.r.l.

December 20, 2019 News archive


On December the 19th PLC S.p.A. has executed an investment agreement for the acquisition through a capital increase of 51% of the share capital of Schmack Biogas S.r.l., a company with registered office in Bolzano, operating in the design, development, construction and maintenance of biogas plants (the "Schmack Operation"). The subscription and full payment of the capital increase is scheduled on January the 9th, 2020.
With the signing of the Investment Agreement and the execution of the Schmack Operation PLC, in line with its strategic vision in order to be qualified as a multi-technology operator with international presence, enters into the ambitious and dynamic biogas and biomethane market both in Italy and in the Europe, expanding its already wide range of services in the renewable market and in particular in the wind, photovoltaic, hydroelectric, as well as in high and very high voltage and industrial electrical infrastructure, as well as consolidating its presence in the north of Italy.