Milan – CFI Italy is pleased to announce that they advised on the sale of X3 Energy to A2A.
X3 Energy is a company involved in the sale of gas and electricity to private clients and SME. Turnover of the company is in the range of Eur. 120 million
A2A is the big utility owned by the cities of Milano and Brescia.
The whole selling procedure was organized and managed by CFI Italy.
The transaction closed on 29 November 2018.
has been acquired by
has sold a majority stake to
the Portuguese subsidiary of
€ 20 000 000
Syndicated Medium Term Loan Facility
has raised capital from
as well as from InnoEnergy and Portugal Ventures