Strategic, fiscal and technical expertise with sustainable and integrated solutions for comprehensive business support

Aimed at supporting and assisting Italian companies on the path to achieving sustainability and Transition 5.0 is the new collaboration agreement between White Energy and the law firm Cortellazzo & Soatto. Their respective strategic, fiscal and technical expertise, combined with a proposal for sustainable and integrated solutions, will enable them to offer companies that request their support, 360-degree assistance on the use of the common ‘transition.green’ platform.
The innovative partnership represents a unique and concrete benchmark in the corporate sustainability landscape.

White Energy Group, headquartered in Verona and operating offices in the city of Verona and Cagliari, is an energy services joint stock company, considered a leader in energy efficiency and renewable solutions, specializing in decarbonization projects and ESCo solutions.Cortellazzo & Soatto, headquartered in Padua, is a professional association of certified public accountants and lawyers who, through their consulting firm, have consolidated experience in tax auditing, strategic consulting, both legal and economic, and financial optimization for innovative projects.

Specifically, Cortellazzo & Soatto will focus on tax audit, strategic consulting, and financial optimization, while White Energy Group will focus on technical design, investment management, and decarbonization solutions.

The two companies are committed to accelerating change in the Italian business fabric through innovative and collaborative solutions.

(ANY QUOTES FROM WHITE ENERGY AND SOATTO AND CORTELLAZZO)

“The collaboration with Cortellazzo & Soatto represents an original and currently unique example of synergy between complementary skills of two entities whose professionals offer customized solutions for the sustainability sector. With this partnership, we offer an innovative and integrated approach designed to meet the specific needs of companies engaged in the energy transition.”- Gianluigi Mele, CEO of White Energy Group

The Transition 5.0 Plan, in complementarity with the Transition 4.0 Plan, is embedded within a broader strategy, which aims to strengthen the digital and energy transformation process of companies and makes available to them 12.7 billion euros over the two-year period 2024-2025.

In particular, in line with of the short- and medium-term actions provided for in the REPowerEU plan, Transition 5.0, with a total budget of 6.3 billion euros, aims to encourage the transformation of companies’ production processes to respond in a timely manner to the challenges posed by digital and energy transitions. The ‘Transition 5.0’ tax credit is granted provided there is a reduction in energy consumption of at least 3 percent for the production facility or, alternatively, at least 5 percent of the process affected by the investment. The amount of the tax credit varies in relation to the share of the investment and the reduction in consumption.
Specifically, eligible investments include the purchase of tangible and intangible capital goods, the purchase of tangible assets for self-production and self-consumption of energy from renewable sources, and, finally, personnel training expenses.