Enel Green Power and Maccaferri Group team up to reconvert former sugar refineries to biomass

Rome 26 March 2013 – Enel Green Power and SECI Energia (a company owned by Maccaferri Group) signed the definitive agreement whereby EGP,  purchases 50% of Powercrop, the Maccaferri Group company dedicated to reconverting former Eridania sugar refineries into biomass power plants. Enel Green Power has entered into a broad-based partnership with SECI Energia to develop energy from the biomass short supply chain by building five new high-efficiency plants with a total installed capacity of 150 MW.

By finalizing this agreement, Enel Green Power is demonstrating its desire to expand the agriculture biomass short supply chain,” commented Francesco Starace, CEO of Enel Green Power, “The investment in local biomasses will ensure the full development of resources from the territory as well as boosting their related activities. The partnership with SECI, which combines the expertise of both groups for a common vision, will allow to create the most important network of biomass chain plants in Europe”.

This agreement,” stated Gaetano Maccaferri, Chairman of the Maccaferri Group and of Seci Energia, “represents the first step on a journey of strategic collaboration between Seci Energia and EGP to develop renewable energy in Italy, combining the specific expertise of the two Groups in technology and a profound understanding of local realities and the markets. Starting with biomass, we hope that this sharing of objectives will also extend to other technologies in Italy and abroad”.

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