Verbund´s Subsidiary Expands in Italy

EnergyEnergy Source ♦ Published: October 11, 2011; 16:57 ♦ (Vindobona)

Sorgenia, the Italian subsidiary of the Austrian energy group Verbund, now provides electricity also for private households.

Verbund´s Subsidiary Expands in Italy / Picture: © Vindobona.org

In spite of a difficult market environment, Sorgenia tries to remain on its growth course. The Milano-based company intends to win 1.5m additional customers until 2016. Now, also private households should be able to receive electricity by Sorgenia. Until now, the company offered its services only to small and medium-sized companies. Sorgenia, which is a 45%-subsidiary of Verbund, has…