Kinexia
Kinexia (from the ancient Greek word Kinesis, which means movement) is a company listed on MTA market of Borsa Italiana with headquarters in London and Milan.
The company is ACTIVE in the development and implementation of renewable energy solutions, through design, construction and management of power plants in wind and solar photovoltaic, biomass, biogas, district heating and energy efficiency sectors.
History
Kinexia S.p.A. was among the first listed companies in Italy. The company has differentiated the business over the years, from pharmaceutical to cosmetics and nutrition. In July 2008, Pietro Colucci, an entrepreneur with over 30 years of experience in the green economy sector, took over Schiapparelli S.p.A. which became Kinexia S.p.A., a renewable energy business. In 2011, Colucci founded the Sostenya Group, the holding company to which Kinexia belongs alongside Waste Italia, the leading company in the Waste management of non-hazardous materials. In late October 2012, Kinexia approved the business strategic plan for 2013â15, pursuing the lines of business in the agroenergy, district heating, wind and small wind energy, solar-thermal and energy efficiency industries and focusing on the environmental sector and the internationalisation. On 3 April 2014, Kinexia and the controlling company Sostenya approved both the merger by incorporation of Sostenya into Kinexia and the Joint Business Plan post-merger which develops through three guidelines of strategic development: renewables, environment and internationalisation of the Group.
Through Innovatec S.p.A., a company listed on the Milan Stock Exchange (MTA segment), and controlled by Kinexia S.p.A â the Sostenya Group has launched a new project named "Smart" to provide retail and corporate customers both in Italy and in foreign countries with services of energy efficiency, production, management and storage. In 2014, Kinexia awarded the IQNet SR 10 certification becoming the first Italian company listed on the Stock Exchange to be recognised for its commitment in creating initiatives and operate choices in corporate social responsibility.
Kinexia in the UK
With the opening of the London office, Kinexia has decided to strengthen the group's presence worldwide and to reinforce and increase the relationships within the international financial scene, as well as in the private equity. In addition, the company aims at attracting new investors, developing and monitoring the internationalisation process in Eastern Europe, Middle East, the former Soviet Republics, North Africa and Latin America.
Kinexia in the United Arab Emirates
Kinexia has started the exploration of international markets presenting itself as a reference partner to deal with key actors in the energy and environmental sector within the southern Mediterranean, from Turkey to the Middle East as well as in the Far East and in the Persian Gulf, also dealing with financial and technological partners in the Far East (especially in China). In 2013, the Kinexia Group realised its internationalisation path through the creation of Kinexia Renewable Energy LLC, in the United Arab Emirates. The company arises from the partnership between Rashid Khalaf Al Habtoor (Rashid Al Habtoor Holdings Group) and Kinexia.
Kinexia in China
On 13 June 2014, Kinexia signed a Memorandum of Understanding for 30 million US dollars with CECEP Group, (approx. 22.2 million euros) for the joint development of an integrated project named "Waste to Water Technology" for the wastewater treatment in the industrial zone of Yuyao. In the same context, Kinexia signed a joint venture agreement with Zhejiang Media for 25 million US dollars (about 18.5 million euros) to develop and manage waste-to energy facilities converting sludge generated in the textile units in southern China into energy.
External links
See also
Pietro Colucci