14th listing of 2022 on Euronext Growth Milan
Energy S.p.A. brings the total number of companies listed on Euronext Growth Milan to 181
Total placement volume of the offering equal to €30 million
Milan – 1 August 2022 – Borsa Italiana, part of the Euronext Group, today congratulates Energy S.p.A. on its listing on Euronext Growth Milan.
Energy S.p.A. is a leader in the manufacturing of energy storage systems for residential use and large-scale applications. These systems enable the storage, and subsequent release, of energy based on the energy needs of customers.
Energy S.p.A. represents the 14th listing since the beginning of the year on Borsa Italiana’s market dedicated to small and medium-sized companies, and it brings the total number of firms currently listed on Euronext Growth Milan to 181.
In the placement phase, Energy S.p.A. raised €27.3 million. In the case of the full exercise of the over-allotment option, the total amount raised will be €30 million.
Davide Tinazzi, Co-founder and CEO of Energy S.p.A., said: “Less than 10 years ago we were an innovative start-up, and today the dream of the Stock Exchange comes true, a strategic step for us to consolidate and accelerate the business model towards fully integrated ESS (Energy Storage Systems) production. We are in a rapidly growing, innovative sector and the listing is an opportunity to give Energy an even greater development boost in Italy and abroad, including through acquisitions, to ride the most interesting trends as a recognized first mover."
Caption: Davide Tinazzi, CEO Energy S.p.A., Andrea Taffurelli, CTO Energy S.p.A. e Massimiliano Ghirlanda, co-fondatore di Energy S.p.A., hanno suonato la campanella in occasione dell’apertura dei mercati questa mattina per celebrare la quotazione della società.
About Energy S.p.A. Energy S.p.A, founded in 2013 by Davide Tinazzi, Andrea Taffurelli and Massimiliano Ghirlanda, is a company with its operational headquarters in the province of Padua and is a leader in the manufacturing of energy storage systems, for residential use and large-scale applications. These systems enable the storage, hence, release of energy based on the energy needs of customers. Till now, more than 35,000 systems have been sold and installed by Energy in Italy, for residential, commercial, industrial markets, Utilities and electric mobility. The most important projects implemented include the large facility in Comiso, Sicily, made up of an agrivoltaic system and a photovoltaic field; the large system dedicated to CAAB in Bologna; Smart Grids in numerous municipalities in Sardinia and Lombardy, a Condominium Energy Community in Switzerland where the single hubs exchange energy as needed. The Energy’s sales channels include both general electric material distributors and photovoltaic specialists, and the company also works with large European EPCs. The proximity of Energy logistics to the headquarters of the main distributors has given the company a solid partnership with players on the Italian and European market. The Company acquires its components from the main international suppliers, and combines them with proprietary software in systems compliant with European Union standards.