Falck Renewables acquires 60% of SAET, which becomes part of the Next Solutions Division
Falck Renewables S.p.A. has acquired 60% of the shares of SAET S.p.A. SAET’s experience in the field of High Voltage connections, storage systems and O&M services meets Falck Renewables for an even more efficient service.
Falck Renewables – Next Solutions is the Group’s company that operates in the service sector and offers energy management solutions, energy efficiency and data monitoring systems. With this operation SAET strengthens its position in the market, confirming itself as a company ready to face the future energy sector, characterised by a massive presence of non-programmable renewable plants.
SAET is now part of a strong, international group, rich in transversal skills and aiming at sustainable energy management in line with SAET’s objectives.
In the words of those involved
“We are particularly pleased with this agreement”, comments Toni Volpe, CEO of Falck Renewables. “SAET represents a platform of expertise, customers and solutions in a fast-growing sector that will enable us to build new valuable solutions, combining market, plant, digital and management knowledge.”
“Thanks to the Group’s significant international presence, financial strength, customer portfolio and vision in the energy sector, joining Falck Renewables will open the way for new development opportunities for SAET,” highlights Giorgio Rossi, CEO of SAET, concluding: “We are proud to be able to plan a new stage in our company’s growth trajectory alongside a prestigious and innovative company like Falck Renewables.”
What happens now?
SAET is now part of a strong, international group, rich in transversal skills and aiming at sustainable energy management in line with SAET’s objectives.
Nevertheless, our skills, flexibility and closeness to the customer remain at the heart of the company’s work, as always.
SAET continues to serve its customers under the leadership of the current management team, with the confirmation of Giorgio Rossi as CEO.