Energy S.p.A. lists on Euronext Growth Milan

Aug 01 2022 - 11:00
• 14th listing of 2022 on Euronext Growth Milan

• Energy S.p.A. brings the total number of companies listed on Euronext Growth Milan to 181

• Total placement volume of the offering equal to €30 million

Milan – 1 August 2022 – Borsa Italiana, part of the Euronext Group, today congratulates Energy S.p.A. on its listing on Euronext Growth Milan.

Energy S.p.A. is a leader in the manufacturing of energy storage systems for residential use and large-scale applications. These systems enable the storage, and subsequent release, of energy based on the energy needs of customers.

Energy S.p.A. represents the 14th listing since the beginning of the year on Borsa Italiana’s market dedicated to small and medium-sized companies, and it brings the total number of firms currently listed on Euronext Growth Milan to 181.

In the placement phase, Energy S.p.A. raised €27.3 million. In the case of the full exercise of the over-allotment option, the total amount raised will be €30 million. 

Davide Tinazzi, Co-founder and CEO of Energy S.p.A., said: “Less than 10 years ago we were an innovative start-up, and today the dream of the Stock Exchange comes true, a strategic step for us to consolidate and accelerate the business model towards fully integrated ESS (Energy Storage Systems) production. We are in a rapidly growing, innovative sector and the listing is an opportunity to give Energy an even greater development boost in Italy and abroad, including through acquisitions, to ride the most interesting trends as a recognized first mover.

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