Ljubljana Airport to get solar power plant

GLOBAL AVIATION NEWS

Italy to sell ITA in June

Italy's government aims to sell state-owned ITA Airways, the successor to Alitalia, by the end of June after setting a deadline for binding offers of May 23, Economy Minister Daniele Franco said. Three prospective bidders for ITA Airways have had access to its finance data room, Franco said addressing parliament over the issue. They are shipping group MSC alongside Germany's Lufthansa, the U.S. Certares fund in cooperation with Delta and Air France, and investor Indigo Partners, Franco added. Under a government decree, Rome plans to privatise ITA through a direct sale while retaining a minority, non-controlling stake in a first stage. MSC in January requested an exclusivity period of 90 days to iron out details of an acquisition, but Rome opted for a market-based procedure aimed at keeping the door open to other potential suitors. "The outcome of the negotiations is not a foregone conclusion. We will examine the three offers in a transparent way, there is no decision on our part at present", Franco said adding a key factor is that the buyer is at least 51% owned by a European player. Lufthansa is interested in taking a minority stake in ITA, leaving the majority to MSC, the airline said in remarks during its shareholders meeting. It added, however, that the review of ITA's financial data would be important to confirm this preliminary intention. If the deal does go through, Lufthansa aims to build a close commercial cooperation with ITA and expects synergies to make the investment profitable in the long term, the carrier said. Under an agreement with the European Union, Rome can inject up to 1.35 billion euros into the ITA by 2023. A privatisation deal would potentially reduce the financial support granted by the state, limiting the costs for Italian taxpayers.

Ljubljana Airport to get solar power plant

NEWS FLASH

Ljubljana Airport’s operator Fraport Slovenija has signed an agreement with Slovenian energy service provider Resalta to build a 500 kW photovoltaic powerplant on the rooftop of the airport’s main garage building. The 500 kW solar power plant will be fully installed in 2021, generating 500 MWh of electricity from renewable sources for direct on-site consumption at Jože Pučnik Airport. This will provide 10% of the airport’s electricity consumption, improving its sustainability and reducing CO2 emissions by 250 tons each year. So far, Resalta has completed about 260 energy projects for 180 clients.

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Unknown14:48
nice
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Anonymous12:34
new building, eco investments, but there is no >>power long time strategy<< no connections, no traffic, no passengers, “excellent” work Fraport & Skobir. Everything indicates that the main target is: 0 traffic. “Good job”
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Anonymous20:45
I seems like building of terminal and now solar cell thingy will be used to increase goodwill portion of balance sheet of the Airport.

This may be also the reason why they are stating that this is a long term investment.

Goals of doing this it to inflate the market worth of the company so they can:

qualify for loan by staking assets
show that they are solvent
increase of airport sale price
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