Belenergia SA has acquired a 70% majority stake in the company SWM SRL, which has long been active in the construction and maintenance of industrial photovoltaic systems, as well as in asset management.
Currently SWM SRL manages a photovoltaic park of about 42MW located throughout the country. SWM employs 25 specialists and engineers. It has a lasting partnership with engineering firm IA.ING (25 engineers)
With this acquisition, the Belenergia SA group internalizes an asset that becomes strategic both for the consolidation of existing assets and for the development and construction of plants currently in the authorization phase.
“SWM has been with us since we took our first steps in Italy. It is therefore an important part of our history,” says Jacques-Eduard Lévy, CEO of the group, “This acquisition will allow us to close the loop, internalizing O&M and Asset Management services and consequently achieving strong optimizations. It shall beef up our Engineering, Procurement and Construction (EPC) capacity carrying out the projects in the pipeline, drawing on decades of experience in the field of maintenance, which will undoubtedly make it possible to streamline the operational management of assets on the one hand and maximize revenues on the other.”
“The partnership with Belenergia was strongly desired and represents a natural evolution of our company.” We know the seriousness, reliability and solidity of a partner with whom we have shared the last ten years of our professional, working and personal history. We are very proud of the opportunity to share the important challenges of the coming years with Belenergia”.