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Feb 3, 2025 | News | 0 comments
Powering operates a fleet of more than 1,500 generators across 55 locations in Italy
a UK-based private equity firm managing €23bn in assets
marks a significant step for Powering in expanding its market position and supporting the energy transition
Arcus has prior experience in the equipment rental sector through its ownership of WorkDry International
Powering CEO and founder Piero Giancano described the partnership as a “fundamental milestone” for the business
He highlighted a shared strategic vision with Arcus focused on innovation and sustainability
He emphasized that the collaboration would enhance Powering’s ability to provide energy solutions to Italian businesses and communities
Arcus partner and head of energy Stefano Brugnolo stated that the acquisition followed years of research into the European energy rental market
He noted Powering’s role in delivering critical energy solutions aligns with Arcus’ investment approach
which prioritizes economic growth and social impact
Brugnolo added that Arcus sees opportunities to enhance Powering’s business potential and ESG credentials through strategic asset management initiatives
Powering has built its growth on direct ownership of its genset fleet
efficient logistics for deliveries and refueling
and proprietary IT systems for monitoring and management
The company claims to be the only Italian operator able to guarantee two-hour response times—an essential service for businesses and utilities requiring immediate energy support during emergencies or grid maintenance
Powering aims to strengthen its leadership in Italy’s power rental sector and expand its capabilities to meet the evolving demands of the energy transition
Source: International Rental News
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