Verona, May 22, 2023 – White Energy Group<\/strong>, a company specializing in energy efficiency and energy saving services<\/strong>, becomes a joint stock company.<\/strong> Seven years after its founding, the Esco, with offices in Verona<\/strong> and Cagliari<\/strong>, takes another step to seize opportunities for growth and evolution in the sector and offer transparency, flexibility and more opportunities to stakeholders. <\/p>\n\n The shareholders met last Friday in an extraordinary meeting<\/strong> to approve the transformation into a joint-stock company, and in addition to increasing the share capital to 100,000 euros, they confirmed the composition of the board of directors<\/strong>, with the positions of chairman<\/strong> and CEO<\/strong> held by Gianluigi<\/strong> Mele<\/strong>. The shareholders also plan to co-opt independent directors to the board shortly who can bring important expertise in areas such as legal, finance, and marketing. <\/p>\n\n “On the growth and access to financial markets front, the transformation into a Spa will allow us to access a wider range of financial and capital options, facilitating potential investments and new development opportunities,”<\/em> explains Gianluigi Mele. Not only that. Being a Spa for Weeg offers profiles in transparency, corporate governance and organizational structure that may be more attractive to institutional and private investors. <\/p>\n\n As a spa, the company is able to adopt more flexible incentive<\/strong> policies<\/strong> for employees<\/strong>. In fact, in the transformation operation, Weeg has reserved a capital increase plan for employees<\/strong> who will be able, through shares, to participate in the life of the company. <\/p>\n\n “The company will be able to sustain growth and implement new innovative projects in the field of energy efficiency,” Mele continues, “with new financial partners and qualified and motivated employees, working in a stimulating and rewarding work environment. For Gianluigi Mele this is “an important milestone in the company’s growth and development. We thank members, employees and business partners for the trust and support shown over the years. We will continue to dedicate ourselves with commitment and passion to offering cutting-edge energy efficiency solutions, supporting the transition to a more sustainable future.” <\/p>\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" Shareholders’ meeting approves new bylaws and resolves a free capital increase reserved for employees Verona, May 22, 2023 – White Energy Group, a company specializing in energy efficiency and energy saving services, becomes a joint stock company. Seven years after its founding, the Esco, with offices in Verona and Cagliari, takes another step to seize […]<\/p>\n","protected":false},"author":1,"featured_media":5608,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"llm_text":"# White Energy Group transforms into a corporation\n\n> White Energy Group became a joint-stock company after shareholders approved new bylaws, a capital increase to \u20ac100,000 and an employee-focused capital increase plan.\n\n## Page details\n\n- Source language: English\n- Content type: Press release\n- Original title: White Energy Group transforms into a corporation\n- English title: White Energy Group transforms into a corporation\n- Source URL: https:\/\/weeg.it\/en\/press-releases\/white-energy-group-transforms-into-a-corporation\/\n- Summary: Seven years after its founding, White Energy Group changed its corporate form to support growth, broaden access to financial and capital options, strengthen governance and create new employee participation opportunities.\n\n## Corporate transformation\n\nWhite Energy Group, a company specializing in energy-efficiency and energy-saving services with offices in Verona and Cagliari, became a joint-stock company seven years after its founding.\n\nAt an extraordinary shareholders' meeting, the company:\n\n- approved the transformation into a joint-stock company;\n- increased share capital to \u20ac100,000;\n- confirmed the composition of the board of directors;\n- confirmed Gianluigi Mele as chairman and CEO.\n\nThe company also plans to co-opt independent directors with expertise in areas including legal, finance and marketing.\n\n## Growth and financial access\n\nGianluigi Mele stated that the new corporate form is intended to provide access to a wider range of financial and capital options, supporting potential investments and new development opportunities.\n\nThe company also expects the structure to offer stronger transparency, corporate-governance and organizational profiles that may be attractive to institutional and private investors.\n\n## Employee participation\n\nThe new corporate form allows White Energy Group to adopt more flexible employee incentive policies. As part of the transformation, the company reserved a capital increase plan for employees, enabling them to participate in the company through shares.\n\n## Development outlook\n\nAccording to Mele, the company aims to sustain growth and implement new energy-efficiency projects with new financial partners and qualified, motivated employees. He described the transformation as an important milestone in the company's growth and development and reaffirmed the company's commitment to energy-efficiency solutions and the transition toward a more sustainable future.","footnotes":""},"categories":[35],"tags":[],"class_list":["post-5607","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases"],"_links":{"self":[{"href":"https:\/\/weeg.it\/en\/wp-json\/wp\/v2\/posts\/5607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/weeg.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/weeg.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/weeg.it\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/weeg.it\/en\/wp-json\/wp\/v2\/comments?post=5607"}],"version-history":[{"count":1,"href":"https:\/\/weeg.it\/en\/wp-json\/wp\/v2\/posts\/5607\/revisions"}],"predecessor-version":[{"id":5609,"href":"https:\/\/weeg.it\/en\/wp-json\/wp\/v2\/posts\/5607\/revisions\/5609"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/weeg.it\/en\/wp-json\/wp\/v2\/media\/5608"}],"wp:attachment":[{"href":"https:\/\/weeg.it\/en\/wp-json\/wp\/v2\/media?parent=5607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/weeg.it\/en\/wp-json\/wp\/v2\/categories?post=5607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/weeg.it\/en\/wp-json\/wp\/v2\/tags?post=5607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}