Energy wins tender in Austria worth almost 26 million euros

Energy wins tender in Austria worth almost 26 million euros
Energy wins tender in Austria worth almost 26 million euros

(Alliance ) – Energy Spa announced on Tuesday that it had won a €25.7 million tender in Austria for the supply of electrical energy storage systems and the provision of certain related services to the concessionaire Austrian motorway, Asfinag.

The tender was awarded as part of a joint venture with Königskreuz GmbH. Energy is the leader of the temporary consortium and will supply, from the summer and for around 18 months, all storage systems – worth around 22 million euros – and ancillary services.

“This tender is the first of its kind won by Energy as a partner of ARGE Energy Königskreuz, and represents international recognition of Energy’s strategy, which confirms its leading position in the renewable energy sector,” the company explained.

The Energy share price increased by 6.7% to 1.68 euros per share.

By Giuseppe Fabio Ciccomascolo, Alliance News Senior Reporter

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