ESCo investment of 4.3 million euros for Italy’s leading group that will achieve cost and pollutant emission savings

The line of interventions dedicated to the energy efficiency of energy-hungry industrial plants, to encourage the green transition of companies, put in place by White Energy Group SpA, an Esco based in Verona and specializing in the consulting and implementation of energy efficiency and renewable transition solutions for companies, is being expanded.

The two new interventions will be carried out for two Companies of the Cereal Docks Spa Group, an Italian industrial group that has been a market leader for forty years in the first agro-food processing for the production of ingredients derived from oilseeds and cereals for applications in the feed, food, pharma, cosmetic and for technical and energy uses.

“We are proud to stand alongside an excellence such as Cereal Docks Group, with our expertise in the field of cogeneration interventions financed directly with EnPC (Energy Performance Contract) formula and through cutting-edge solutions that can support its growth,” said Gianluigi Mele, CEO of Whitenergy.

The operation will be handled by Future Energy srl, a wholly owned subsidiary of White Energy Group SpA, which will build two cogeneration plants for the two plants of Cereal Docks Marghera srl (Venice) and Ital Green Oil srl in San Pietro di Morubio (Verona).

The plants will be built with an energy service formula combined with an EPC formula and, that is, with performance guarantees on the interventions made and with Future Energy taking over the financing burden.

The total investments in excess of 4 million euros, will enable the agri-food processing industrial group to save money on the cost of supplying electricity, thermal and possibly refrigeration energy, and at the same time save more than 1,000 toe (tons of oil equivalent) of primary energy and fossil fuels.

Specifically, at the San Pietro Morubio plant, a new AB Energy 2.0 MWe Ecomax 2.0 cogeneration plant will be installed including also the supply of steam by means of an integration boiler, while at Marghera, the present 4.4 MWe cogeneration plant including a duplex boiler for steam production will be fully upgraded.

“At a time like the one that companies are experiencing with regard to energy supply costs, there emerges the need to favor technologies related to cogeneration, with the aim of incentivizing the virtuous use of this source and reducing the dependence of Italian industries on the electricity grid,” explained Franco Asuni, Chief Business Development of Whitenergy and actor in the agreement with Cereal Docks. While Salvatore Fadda, head of Whitenergy’s O&M area and administrator of Future Energy, highlights “the reduction of emissions, amounting to more than 2,000 tons of CO2 that will be achieved through the intervention, with the efficient and combined production of different energy vectors: electricity, heat.”

Mauro Fanin, CEO of Cereal Docks Group pointed out that “the support of a partner of Whitenergy’s experience in researching new alternatives aimed at saving energy and cutting polluting emissions, which are fundamental goals for a Benefit company like ours,” was appreciated. The CEO added that “now the goal is to implement the interventions quickly and without slowing down the normal activities of our plants.”