Ambienta Biomasse (Italiana Pellets / Alpin Pellet)
Ambienta I Biomasse included two wood pellet manufacturers: Italiana Pellets (“ITP”) in Italy and Alpin Pellet (“AP”) in France. Pellets are dried and compressed wood or biomass cylinders, ca. 3-4 centimetres long and 0.6 centimetres wide, used both for domestic heating with purpose-built stoves and boilers, and for industrial co-firing along with coal.
ITP (www.italianapellets.com) is the largest manufacturer of wood pellets in Italy, with an annual production capacity of ca. 120 thousand tons. ITP mainly sells pellets for residential heating to large Italian retailers. The company also features a biomass generation plant of 1MW electrical energy, which is fed into the grid, and gas cogeneration of 3MW electrical energy plus 2MW thermal energy. ITP has been divested in February 2013.
AP (www.alpinpellet.com) is an established manufacturer and trader of high quality wood pellets for residential heating, which produces ca. 40 thousand tons annually, trades 10 thousand tons of third party pellets, based in southern France and mainly serving northern Italy. Ambienta sold its stake in AP to a French wood pellet manufacturer in October 2013.
Ambienta only invests in businesses which have a positive impact on the environment through either, or both, a Resource Efficiency or Pollution Control contribution. Our proprietary methodology, the Environmental Impact Analysis, allow us to measure the contribution of different businesses to sustainability in terms of Resource Efficiency and Pollution Control which we capture through 11 Environmental Metrics.
For each portfolio company we report its impact in relation to our metrics.
Ambienta Biomasse’s contribution to Pollution Control is summarized by the following Environmental Metrics and SDGs:
CO2 Emissions Reduced
Sustainable Development Goals
Our Methodology and Metrics are fully aligned with the UN Sustainable Development Goals adopted in 2015. Through our investment scope definition that focuses on products and services that improve Resource Efficiency and Pollution Control we fully capture 10 of the 17 Goals and their respective sub-goals.
For each portfolio company we report its impact in relation to the SDGs.