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Ludoil Capital acquires 51% stake in Isab refinery
Ludoil Capital, a subsidiary of Ludoil Energy, has completed the acquisition of a 51% stake in the Isab refinery from Goi Energy. The transaction, which involves assets in Priolo, Melilli, and Syracuse, has an enterprise value of one billion euros. The deal received approval through Italy’s Golden Power procedure and cleared antitrust and European foreign subsidy regulations.
Ludoil plans to implement an industrial plan involving approximately 1.3 billion euros in capital investments over the next five years. This plan focuses on restoring efficiency to non-operational units and accelerating the transition toward biofuels, including Sustainable Aviation Fuel and HVO. The project is expected to impact local employment, with projections suggesting the involvement of approximately one thousand additional workers in the industrial area.
Financial support for the acquisition was provided by Bper, UniCredit, and MPS, with assistance from Sace guarantees. The new governance includes Marco Russo Spena as chairman and Paolo Fedeli as CEO.
Entities
Goi Energy · ISAB · Italy · Ludoil Capital · Ludoil Energy · UniCredit
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 12 SOURCES] Ludoil plans to invest approximately 1.3 billion euros over the next five years. quotidianodifoggia.it · www.siracusaoggi.it · www.forchecaudine.com · www.telecittanews.it · www.uominietrasporti.it · +6 more
- [● 6 SOURCES] Financial support for the operation was provided by Bper, UniCredit, and MPS. quotidianodifoggia.it · www.forchecaudine.com · www.key4biz.it · lamilano.it · www.quotidianodelsud.it · +1 more
- [● 12 SOURCES] The industrial plan aims to restore efficiency to non-operational units and accelerate the transition toward biofuels. www.siracusaoggi.it · www.forchecaudine.com · www.telecittanews.it · www.uominietrasporti.it · quotidianodifoggia.it · +6 more
- [● 6 SOURCES] The acquisition received approval through the Golden Power procedure. quotidianodifoggia.it · www.ragusaoggi.it · www.siracusaoggi.it · www.forchecaudine.com · www.uominietrasporti.it
- [● 4 SOURCES] The enterprise value of the asset is fixed at one billion euros. quotidianodifoggia.it · www.siracusaoggi.it · www.forchecaudine.com · www.uominietrasporti.it
- [● 12 SOURCES] Ludoil Capital has acquired a 51% stake in Isab from Goi Energy. quotidianodifoggia.it · www.ragusaoggi.it · www.siracusaoggi.it · www.forchecaudine.com · www.telecittanews.it · +6 more