Ansaldo Energia Company Profile

Background

Overview

Ansaldo Energia S.p.A., established in 1853, is an Italian company specializing in the power generation sector. It is among the world's leading producers of power plants, offering comprehensive solutions that encompass the design, construction, commissioning, servicing, and maintenance of both complete plants and high-tech equipment. The company operates globally, serving public and private power producers, as well as industrial clients.

Mission and Vision

• Mission: To develop and deliver innovative technology, tailored products, and quality services that support the energy transition, while protecting customers' investments and minimizing environmental impact.

• Vision: To be recognized as a trusted partner in energy transition and security, and as a leading international provider of sustainable power generation solutions.

Industry Significance

Ansaldo Energia holds a significant position in the power generation industry, contributing to the development of sustainable and flexible energy solutions. Its extensive experience and technological expertise enable it to address the evolving demands of the global energy market.

Key Strategic Focus

Core Objectives

• To lead in the development and implementation of sustainable and innovative power generation technologies.

• To support the global energy transition by providing flexible and efficient energy solutions.

Areas of Specialization

• Gas Turbines: Manufacturing gas turbines ranging from 70 to 280 MW, with over 140 units delivered, totaling more than 23,000 MW of installed capacity.

• Steam Turbines: Producing steam turbines with power ratings from 80 to 1,200 MW.

• Generators: Designing and manufacturing air, hydrogen, and water-cooled generators capable of withstanding over 50,000 MVA of generating capacity.

Key Technologies Utilized

• Advanced gas turbine technology, including models based on Siemens designs.

• Innovative steam turbine designs for various applications.

• State-of-the-art generator technologies for diverse power generation needs.

Primary Markets and Conditions Targeted

• Global power generation market, focusing on both developed and emerging economies.

• Industrial clients requiring reliable and efficient power solutions.

• Public and private power producers seeking sustainable and flexible energy generation options.

Financials and Funding

Funding History

• In December 2013, the Italian Strategic Fund acquired 85% of Ansaldo Energia from Leonardo-Finmeccanica and the First Reserve Fund for €777 million.

• In May 2014, Shanghai Electric acquired a 40% stake in Ansaldo Energia for €400 million, resulting in an ownership structure of approximately 60% for the Italian Strategic Fund and 40% for Shanghai Electric.

• As of January 2021, the company was 88% owned by the Cassa Depositi e Prestiti Group and 12% by Shanghai Electric Corporation.

Recent Funding Rounds

• In 2021, Shanghai Electric acquired an additional 40% of the floating shares, increasing its stake to 80%.

Notable Investors

• Cassa Depositi e Prestiti Group (CDP Equity): 88% ownership.

• Shanghai Electric Corporation: 12% ownership, with an additional 40% acquired in 2021.

Intended Utilization of Capital

• Expansion of research and development activities to drive innovation in power generation technologies.

• Enhancement of manufacturing capabilities to meet global demand.

• Strengthening of service and maintenance operations to support a growing customer base.

Pipeline Development

Key Pipeline Candidates

• GT36 Gas Turbine: Introduced in 2020, the GT36 is the most powerful and high-performance turbine engineered in Italy, setting a new benchmark in the industry.

Stages of Development

• The GT36 gas turbine has been developed and is operational, with installations in various power plants.

Target Conditions

• High-efficiency power generation with reduced emissions.

• Flexibility to operate with a range of fuels, including hydrogen blends.

Anticipated Milestones

• Ongoing installations and operational optimizations of the GT36 turbine in multiple facilities.

Technological Platform and Innovation

Proprietary Technologies

• GT36 Gas Turbine: A state-of-the-art turbine designed for high efficiency and low emissions, capable of burning up to 70% hydrogen.

• Microturbine AE-T100: Operable on pure hydrogen fuel since May 2022, marking a significant advancement in hydrogen combustion technology.

Significant Scientific Methods

• Advanced combustion technology enabling high hydrogen combustion rates.

• Innovative turbine and generator designs for enhanced performance and reliability.

AI-Driven Capabilities

• Implementation of digital plant support systems for real-time monitoring and optimization.

• Utilization of machine learning algorithms for predictive maintenance and operational efficiency.

Leadership Team

Key Executives

• Lorenza Franca Franzino: President of Ansaldo Energia.

• Fabrizio Fabbri: Chief Executive Officer (CEO), appointed on April 1, 2023.

Professional Backgrounds

• Lorenza Franca Franzino: Experienced leader with a background in industrial management and strategic development.

• Fabrizio Fabbri: Seasoned executive with expertise in energy sector operations and corporate leadership.

Key Contributions

• Lorenza Franca Franzino: Overseeing strategic direction and corporate governance.

• Fabrizio Fabbri: Leading operational excellence and driving innovation initiatives.

Market and Competitor Analysis

Market Insights and Dynamics

• The global power generation market is experiencing a shift towards sustainable and flexible energy solutions, with increasing demand for low-emission technologies.

• Advancements in renewable energy sources and energy storage are influencing market dynamics and competition.

Competitors

• General Electric (GE): A major competitor in the gas turbine and power plant sector, offering a wide range of power generation equipment and services.

• Siemens Energy: Provides comprehensive power generation solutions, including gas turbines, steam turbines, and generators.

• Mitsubishi Power: Specializes in thermal power generation equipment and services, with a focus on high-efficiency turbines.

Strategic Collaborations and Partnerships

• Nuclitalia: A joint venture formed with Enel and Leonardo to advance research into new-generation nuclear power technologies, focusing on water-cooled small modular reactors (SMRs).

• Eni: Collaborated to develop innovative electricity storage solutions as an alternative to electrochemical batteries, enhancing energy transition efforts.

Operational Insights

Strategic Considerations

• Emphasis on innovation and sustainability to maintain a competitive edge in the evolving energy sector.

• Expansion into renewable energy and energy storage solutions to diversify offerings and meet market demands.

Competitive Advantages

• Proprietary technologies such as the GT36 gas turbine and AE-T100 microturbine.

• Strong partnerships and joint ventures enhancing technological capabilities and market reach.

Strategic Opportunities and Future Directions

Strategic Roadmap

• Achieve 100% hydrogen capability across all gas turbines by 2030, aligning with global decarbonization goals.

• Expand presence in renewable energy sectors, including wind and solar power, to offer comprehensive energy solutions.

Future Business Directions

• Develop and deploy advanced nuclear technologies through collaborations like Nuclitalia.

• Enhance digitalization efforts to improve operational efficiency and customer service.

Opportunities for Expansion

• Enter emerging markets with growing energy demands and a focus on sustainable development.

• Leverage technological innovations to offer integrated energy solutions, combining generation, storage, and management.

Contact Information

• Official Website: Ansaldo Energia.

• Social Media Profiles:

• LinkedIn: Ansaldo Energia.

• Twitter: @AnsaldoEnergia.

• Facebook: Ansaldo Energia.