"Italy Power Report Q4 2014" Now Available at Fast Market Research

Boston, MA -- (SBWIRE) -- 10/24/2014 -- Italy is trying hard to appeal to international investors, with the government reorganising its holdings in gas and power grid networks. The first results are promising with an imminent EUR2.1bn deal by China's State Grid International Development (SGDL) to b u y a 35% stake in Italy's power grid. But the country is still suffering in the face of economic challenges and the austerity measures proposed to turn the economy around are unpopular. As such, it is of little surprise that E.ON has officially announced the will to sell its Italian operations with Gazprom, Edison and Erg rumoured as potential buyers. In addition, the sluggish economic performance is also having an impact on electricity consumption levels - we have lowered our forecasts last quarter. In the short term at least, we forecast that the renewable energy sector and transmission and distribution projects present the best opportunities for growth. Our view is confirmed by the new energy policy unveiled in August 2014 (Sblocca Energia). It aims at providing a lighter bureaucratic burden for new energy infrastructure investments and guaranteeing minimal earnings, based on regulated tariffs, for gas transmission and distribution projects.
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