Sorgenia, a company created and controlled by CIR and in which Austrian electricity company Verbund has a holding, is the first private operator in Italy in the domestic electricity and natural gas market. Sorgenia operates in sourcing, marketing and supply in both the electricity and natural gas sectors. The company’s CEO is Massimo Orlandi.
Sorgenia is the fifth largest domestic producer in the electricity sector with an installed capacity of approximately 3,800 megawatts (MW), plants under construction for a further 800 MW and about 560,000 clients (mainly businesses and self-employed with a VAT number). The company is also a co-controlling shareholder in Tirreno Power, one of the largest Italian electricity producers.
In the gas sector Sorgenia purchases 2 billion cubic metres every year to sell to its clients and 3 billion cubic metres (5 billion by 2012) for its production plants.
Since 2005 Sorgenia has been registered with the Electricity and Gas Authority as an ESco (Energy Service Company), i.e. a company specializing in energy efficiency services.
At the end of 2009 Sorgenia had revenues of 2.3 billion euros, EBITDA of 117.8 million euros and net income of 66.9 million euros.







