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Two power plants for Marcegaglia

The Marcegaglia plants in Gazoldo degli Ippoliti and Ravenna will be equipped with their own power plants: the group signed an agreement with ENGIE for two gas-fired cogeneration plants, which will also produce thermal energy. The plants will be able to develop respectively 20 and 30 megawatts.
The investment that the Company will make in the construction of the two power plants amounts to over € 50 million. Energy is a key factor for the group: it accounts for almost a third of total transformation costs.
With this operation Marcegaglia will increase its economic sustainability, stabilizing and optimizing the production costs, and environmental, by using energy from renewable sources.
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