Enel X & Fincantieri to Transit for Maritime Transport in Italy
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Enel X & Fincantieri to Transit for Maritime Transport in Italy

Enel X and Fincantieri have signed a letter of intent to work together on building and running next-generation port infrastructure with a low

Enel X and Fincantieri have signed a letter of intent to work together on building and running next-generation port infrastructure with a low environmental impact and developing electricity-powered solutions for ground logistics services. In its first stage dedicated to projects with a national scope, the agreement specifically pertains to: cold ironing, which refers to providing a shoreside power source to docked ships; management and optimization of energy exchanges in new infrastructure; electricity storage and production systems that use renewable sources and fuel cells.

The collaboration between Enel X, Enel's global business line and Fincantieri will energize the implementation of electricity-based solutions and decarbonization at ports. A growing number of ports and docks in Italy, and subsequently in other European countries, will offer cold ironing. This initiative will lead to the creation of a far-reaching European cold ironing network.

The partnership will also ensure that initiatives rolled out in Italy can be replicated in other countries, such as Spain, Portugal and Greece. The letter of intent might be subject to future binding agreements that the parties will define in compliance with the applicable normative and regulatory profiles, including those relating to transactions between related parties.

Fincantieri is one of the largest shipbuilding groups in the world. Italy's global leader in planning and building cruise ships, it is a key figure in all high-tech maritime engineering sectors, from offshore defense ships to special ships, added-value ferries and megayachts, as well as ship repair and transformation, systems and components production for the mechanical and electrical sectors, naval equipment solutions, electronic systems and software, and in infrastructure, maritime operations and post-sales support. With more than 230 years of history and 7,000 ships built, Fincantieri keeps its know-how and decision-making centers in Italy, where it employs more than 10,000 people and offers around 90,000 jobs, with twice as much globally through a manufacturing network that includes 18 plants across four continents and more than 20,000 direct employees.

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