1 June 2018

Our Energy never runs out

The Group makes new acquisitions and signs a sponsorship agreement with Monlau Repsol and the Academy Monlau Repsol Technical School

Europe Energy continues its race towards new objectives, and this time it starts from Mugello. The italian Grand Prix is the starting point of new important pushes towards innovation for the Group. Europe Energy has in fact decided to sign important deals that, from the beginning of June, will put the basis for the opening of new markets in Europe.

Europe Energy, that at the end of 2017 signed a three years sponsorship deal with Team Estrella Galicia 0,0 MarcVDS for the classes MotoGP and Moto2, has decided to give more energy to the motorsport championship, becoming, starting from the italian GP, the official sponsor of the Moto3 Team Estrella Galicia 0,0 and of the prestigious Monlau Repsol Technical School for the ongoing season.

Monlau Repsol Technical School was established in Barcelona in 1997, and it has been training for more than 20 years riders, mechanics and highly specialised engineers that have reached the main stage of MotoGP. The school has also given birth to legends of the motorsport such as Marc Marquez.

Matteo Ballarin, Europe Energy Group CEO, comments: “The formation of young talents, innovation, teamwork and speed are the cornerstones the Europe Energy Group is based on and also values it shares with Monlau Repsol Technical School. For this reason, Europe energy is proud to support the school and what is its direct expression on the track: the mot3 Team Estrella Galicia 0,0 that is aiming to the world title with Aron Canet”.

Of a different nature are the important acquisitions in Italy and abroad that the management of Europe Energy is currently undertaking.

“We are currently in an advanced stage of a negotiation for the acquisition of a competitor that provides energy and gas to approximately 20.000 customers in the north of Italy. It is an extremely significant operation for us that will require an investment of Euro 4.5 million and underlines the great financial status of the Group. We have already signed confidentiality agreements therefore we cannot say the name of the company at this stage, but we can say it is headquartered in the Brescia area”.

Looking outside of Italy, the Europe Energy Group (already present in Slovenian, Romanian and Croatian retail energy market) recently signed its first contract with end clients in Macedonia and it reached a deal to start supplying energy to large industrial groups in Albania from October. “We are proud to confirm that our international expansion plan is running smoothly. In Romania we have reached 10.000 end customers in only 4 months, we have signed a purchase agreement for EGP Serbia and we are currently negotiating for the acquisition of a polish company with 20.000 clients and two companies in England and Spain”.