Potential offtaker

Fincantieri SpA

www.fincantieri.it

Estimated electricity consumption

N/A

Countries of production presence

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FINCANTIERI SPA is an Italian company that operates in the shipbuilding sector. The company was founded in 1959 and has since then been a leading player in the international shipbuilding industry. FINCANTIERI SPA has a long history of innovation and excellence in shipbuilding, having built over 7,000 vessels in its history. The company has a strong commitment to sustainability and has been actively involved in decarbonisation efforts in recent years.

Decarbonisation is a key focus area for FINCANTIERI SPA. The company has been working towards reducing its carbon footprint and promoting sustainable practices across its operations. In 2019, FINCANTIERI SPA signed a memorandum of understanding with Enel Green Power to develop renewable energy projects in Italy. The partnership aims to promote the use of renewable energy in the shipbuilding sector and reduce the carbon footprint of FINCANTIERI SPA's operations.

Corporate energy is another important area of focus for FINCANTIERI SPA. The company has implemented a number of initiatives to reduce its energy consumption and promote energy efficiency across its operations. In 2018, FINCANTIERI SPA signed a contract with Enel X to implement a demand response program. The program allows FINCANTIERI SPA to reduce its energy consumption during peak demand periods, thereby reducing its energy costs and carbon footprint.

Corporate PPA is another initiative that FINCANTIERI SPA has implemented to promote renewable energy. In 2019, the company signed a power purchase agreement (PPA) with Enel Green Power for the supply of renewable energy to its Italian shipyards. The PPA will allow FINCANTIERI SPA to source renewable energy at a fixed price, thereby reducing its exposure to energy price volatility and promoting the use of renewable energy in its operations.

Renewable energy is a key focus area for FINCANTIERI SPA. The company has been actively involved in promoting the use of renewable energy in the shipbuilding sector and has implemented a number of initiatives to reduce its carbon footprint. In addition to its partnership with Enel Green Power, FINCANTIERI SPA has also implemented a number of renewable energy projects across its operations. These include the installation of solar panels on its shipyards and the use of wind turbines to generate electricity.

In conclusion, FINCANTIERI SPA is a leading player in the shipbuilding sector with a strong commitment to sustainability. The company has been actively involved in decarbonisation efforts and has implemented a number of initiatives to reduce its carbon footprint and promote renewable energy. FINCANTIERI SPA's partnership with Enel Green Power and its implementation of corporate energy and corporate PPA initiatives demonstrate its commitment to sustainability and its leadership in the shipbuilding sector.

✓ Declared Net Zero commitment