EON, Banca Prossima to Cut Italy Public-Sector Energy Use

The German utility EON SE is teaming with Banca Prossima SpA to boost energy efficiency and cut polluting carbon emissions in Italy’s public sector.

Together they will assess the potential for energy-saving projects and help finance their development, EON said Thursday in a statement on its website. The works may include efficiency measures in buildings and on-site power generation, it said.

“This initiative is especially important against the background of the current challenges the Italian economy faces,” Marco Morganti, chief executive officer of Banco Prossima, said in the statement. Reducing public costs results is a better use of resources, fueling growth and employment opportunities, he said.

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