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2019 January 15 11:20

CDP, Fincantieri and Snam team up to innovate port facilities in Italy and develop sustainable technologies for maritime transport

Cassa depositi e prestiti (CDP), Fincantieri and Snam have signed a preliminary collaboration agreement aimed at identifying, defining and implementing medium-term strategic projects for the innovation and development of port facilities in Italy, as well as for the development of sustainable technologies applied to maritime transport, in line with the provisions of the National Integrated Energy and Climate Plan Proposal (PNIEC), Fincantieri said in its release.

In particular, the agreement focuses on:
 
 Ports and coastal areas – projects for building infrastructure for the supply, transformation and use of liquefied natural gas (LNG) and alternative energy sources in maritime transport within port facilities or coastal areas;
 
 New technologies and innovative energies – research, development and implementation of maritime transport systems based on new technologies (turbines for LNG modules, containment and management of liquid and gaseous methane systems), innovative energy sources (LNG, hydrogen, fuel cells);
 
 Engineering – sharing operating models and best practice between the respective engineering and construction departments;
 
 Energy efficiency – initiatives to increase consumption efficiency, with a particular focus on the naval and industrial sectors.
 
As part of the agreement, Fincantieri and Snam will share their technical skills by launching dedicated workshops. CDP will support these initiatives from an economic and financial point of view, in line with its institutional mission to support projects that have a positive impact on the country.

The agreement may be subject to subsequent binding agreements that the parties will define in compliance with the applicable regulatory profiles, including those relating to transactions between related parties.