Saras Group
Company description
Saras Group, founded by Angelo Moratti in 1962, employs about 1,750 people and has total revenues of about EUR9.5 billion as of December 31st, 2019. The Group sells and distributes petroleum products on domestic and international markets both directly and through its subsidiaries. The Group also produces and sells electricity through its subsidiaries Sarlux Srl (IGCC plant) and Sardeolica Srl (wind farm). The Group also offers industrial engineering and research services for the oil, energy and environmental sectors through its subsidiary Sartec Srl.
Company details
Participation in projects
Projects as Project Owner per Country ()
Projects as Project Owner per Subsector ()
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The company has not participated in any projects.
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Company updates
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February 23, 2024
VItol Group to buy 35% stake in Saras
The Vitol Group has agreed to buy a 35% stake in refiner Saras SpA from a family of Italian billionaire Massimo Moratti. The transaction valued the company at about EUR1.7 billion (US$1.9 bi...
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October 11, 2021
EIB funds 54.5 MW CEOG Renewstable Power Plant in Mana
The European Investment Bank (EIB), with the support of the European Commission, has granted a EUR25 million (US$28.9 million) loan to CEOG S.A.S, a special purpose vehicle dedicated to the project ow...
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March 03, 2021
Enel and Saras to develop 20 MW green hydrogen project in Sardinia
Enel Green Power and Saras have signed a memorandum of intent to develop a green hydrogen project in Sardinia, Italy. The solution being studied involves using a 20 MW electrolyzer powered by renewabl...
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