THE MAIN MILESTONES OF THE CGI GROUP
- Over 40 years ago
- From 2002 to 2004
- In 2012
- In 2016
- In 2017
- In 2018
- In 2019
- In 2020
- In 2021
- In 2022
-
Over 40 years ago
CGI Holding srl is the holding company of the Curti family whose entrepreneurial history
began over 40 years ago with the methanisation of Friuli Venezia Giulia.
Although CGI has been able to diversify its investments in other areas,
it still counts the natural gas and electricity industries as its "core" businesses. -
From 2002 to 2004
From 2002 to 2004Bluenergy Group SpA, active in Friuli Venezia Giulia, and Gas Sales srl, working in the province of Piacenza, were both founded as a result of the liberalisation of the energy market. -
In 2012
Gas Sales Energia acquired gas customers of Fidenza, Manerbio and Bassano Bresciano. -
In 2016
Bluenergy acquired 70% of Rettagliata Gas e Luce SpA and Mitica srl was founded to pursue opportunities for diversification. -
In 2017
This year marks the beginning of diversification, with the acquisition of 51% of a food packaging company Logicon, and the inclusion of Mitica in the EGI project, which was established to coordinate investment in Italian companies with high-growth potential. -
In 2018
The group kept expanding: Verolagas and Asmu were acquired by Gas Sales, while Bluenergy bought Rettagliata Tech and Bluservice. -
In 2019
The group became the main shareholder of Eurotech, quoted in the segment star market. -
In 2020
Bluenergy acquired 60% of Liguria Gas, operating in the provinces of Savona, Imperia and Alessandria. -
In 2021
Bluenergy acquired Lombardy-based Arca Gas, and CGI invested in Biorenova SpA, a company researching sustainable energy production from hydrogen with zero emissions. -
In 2022
The official rebranding of Rettagliata Tech as Astolia was finalized.
THE C.G.I. GROUP AMONG THE TOP 200 ITALIAN COMPANIES
Another impressive result for the C.G.I. Group, which has recently been ranked among the top 200 performing Italian businesses with annual sales between € 120M and € 500M.
The 200 Champions have been selected from the databases of Aida-Bureau Van Dijk and the Register of Companies of Infocamere,
relating to companies with a 2018 turnover between 120 and 500 million and with reference to the last six balance sheets filed (2012-2018).
In addition to turnover, the selection criteria include average aggregate growth (CAGR) 2012-2018 of at least 3.26%; average annual gross industrial profits (EBITDA) in the last three years equal to at least 5.67% of turnover; “balanced” or “excellent” rating that is, between double B and triple A, according to the attribution of the rating agency Modefinance; average NFP/EBITDA ratio below 2,5 (subsidiaries of foreign entities, private equity funds, national groups with a turnover of more than € 500M and cooperative companies were excluded). The C.G.I. Group is ranked 13th overall in the ItalyPost Study Center’s examination of the Top 200 best-performing companies between 2012 and 2018, which was published by the Economia del Corriere della Sera in March 2020.
THE C.G.I. GROUP ON THE 1st PLACE IN THE TOP 500 OF THE PROVINCE OF PIACENZA
The CGI group has been ranked first in the Top 500 of the province of Piacenza (drawn up by PWC) both in 2020 and 2021
FINANCIAL RATING
In April 2022, Cerved Rating Agency SpA confirmed for the C.G.I. Group a public credit rating of A2.2 (“company with very solid fundamentals and a high capacity to cope with financial commitments”) which is considered a Top rating in the Energy sector. The rating of Bluenergy Group SpA was upgraded from A3.1 to A2.2 in September 2021.
The grade of B 1.1 (“Company with good fundamentals and good capacity to meet financial commitments”) for Gas Sales Srl was also confirmed throughout 2022.
SUSTAINABILITY RATINGS
The Bluenergy Group demonstrates a high level of proficiency in managing risk factors and ESG opportunities.
TheESGe rating awarded in 2021 is equal to BBB (by Cerved Rating Agency SpA),
demonstrating the Group’s ability to comprehend the sector’s evolving dynamics
with an eye towards sustainability with regard to stakeholders. This evaluation’s foundation is the company’s strategy of diversification through targeted acquisitions that enable growing the market with energy efficiency services and increase the sale of renewable energy to end customers.
OUR NUMBERS
2021
2020
2019
ELECTRICITY CUSTOMERS AT 31/12
GAS CUSTOMERS AT 31/12
NUMBER OF EMPLOYEES
OUTLETS
TURNOVER
EBITDA
NET PROFIT
CUSTOMERS OF ELECTRICITY AT 31/12
GAS CUSTOMERS AT 31/12
NUMBER OF EMPLOYEES
OUTLETS
TURNOVER
EBITDA
NET PROFIT
THE MAIN COMPANIES OF THE CGI GROUP
THE MAIN COMPANIES OF THE CGI GROUP
Gas Sales’ business is the sale of gas and electricity, which is constantly growing and is currently active in the provinces of Brescia, Cremona, Lodi, Parma, Piacenza, and Reggio Emilia. The business can provide energy services that are specifically tailored to its many target clients, which include residential users, condominiums, businesses, and governmental entities. The company has 22 helpdesks to ensure maximum proximity to the area. Customer service is available at all times and in direct line with users through a variety of services that are made available to customers.
Turnover: 312 million euros
Number of Customers: 100.000
Bluenergy is a multiutility founded in 2002 as a supplier of methane gas and electricity, with an emphasis on customer services. The business can provide energy services that are specifically tailored to its many target clients, which include residential users, condominiums, businesses, and governmental entities. The company has 55 offices on the territory, a mobile office, and customer service that has been identified as the clearest and quickest by the most current study of the Electricity Authority, Gas, and the Water System to ensure maximum proximity to the territory.
Turnover: 570 million euros
Number of Customers: 226.000
Astolia srl is specialized in running and maintaining thermal plants in both residential and production buildings.
Today, the business has further diversified into the nearby hydraulic, thermohydraulic, electrical, ecological, and lastly, the construction industry, where it has achieved good results.
Turnover: 35 million euros
Plants under management: 2.500
Bluenergy Assistance is the operational division that deals with post-counter services synergistic to the activities of Bluenergy Group in the regions located in the North-East of Italy. The development of advanced thermohydraulic systems, thermal power plants, cogeneration systems, and control systems for comfort and
energy efficiency are all part of its activity.
The company is licenced to operate as an ESCo (Energy Service Company) in accordance with UNI 11352 and has obtained certifications for ISO9001 and ISO14001, as well as certificates of qualification for the execution of public works (SOA) in the industry in which it operates.
Turnover: 13 million euros
Plants under management: 2.500
In order to satisfy the needs of a variety of public and private clients, Ciel, was founded in 2000 and then joined the Group in 2010. It gradually increased its activity in the area of electrical plant engineering using equipment and materials that were constantly at the cutting edge of technology, to meet the needs of public and private customers. Today, Ciel is a strong and organised reality that is geared towards the growth of renewable energy sources like photovoltaics, water, and wind. It is also capable of successfully competing in the market and satisfying the needs of the most renowned customers, both public and private.
Turnover: 4 million euros
The Home Service division offers a variety of water dispensers that can be used in homes, offices, bars, restaurants and huge communities to suit the demands of people living in both private and public spaces.
Turnover: 500.000 euros
A historical thermohydraulic company operating in the Milan market, with a focus on the installation of heating and air conditioning systems, heat management and maintenance. It was founded in 1985, it directs customers towards innovative and energy-efficient solutions based on their real needs.
Turnover: 3 million euros
Plants under management: 135
Established in 2016, it primarily focuses on consulting activities and energy efficiency services, also through the Energy Service Company mode. Specifically: promotion of private initiative project financing; energy-efficient of industrial and public lighting systems; operating leases of plants; energy requalification of condominiums with tax credit transfer; energy diagnosis and feasibility analysis and sizing for photovoltaic and thermal plants.
Turnover: 4 million euros
Gas Sales Tech is a historic Piacenza company dedicated to the installation and maintenance of heating and cooling systems, with a focus on the retail channel. Gas Sales Tech srl treats the top brands, including those that are authorised for resale, and offers prompt, accurate assistance.
Turnover: 2 million euros
Plants under management: 5.000
The provinces of Savona, Imperia, Alessandria, and Parma are the primary markets for Gas and Light sold by Liguria Gas Service srl, a company situated in Cairo Montenotte (SV).
Turnover: 7,5 million euros
Number of Customers: 5.000
Arca Gas srl provides Energy, Natural Gas and energy efficiency plans to the corporate, business and domestic segments. It is active throughout the country but operates mainly in Lombardy and Veneto.
Turnover: 10 million euros
Number of Customers: 12.000
Ethica Global Investments SpA (EGI) is a project that began in 2017 and in which the CGI Group is involved with a participation of 4%. Its goal is the acquisition and professional administration of shareholdings in Italian businesses with growth potential.
Capital-raised club deal: 100 million euros
2019 saw significant advancements in new fields such as instruments for the automation of diagnostic investigation procedures and preventive medicine thanks to the beginning of the relationship with Menarini Diagnostics. With the use of automation and cutting-edge robotics, Logibiotech’s goal is to enhance the manipulation and traceability processes in the biotechnological/diagnostic industry.
Start-up of an automated diagnostic investigation system
Bluservice srl was founded with the goal of assisting the operational activities of the technical companies of the CGI group, with a focus on providing technical and financial consulting to help people get access to the various tax incentives related to interventions on properties, as permitted by the regulations in force.
Turnover: 7 million euros
Biorenova SpA is an innovative SME, that is working to create two unique circular economy technologies aimed at promoting the achievement of the sustainable development goals adopted at international level.
The research was conducted with the express goal of making the project completely compatible and appropriate for future industrial development.
Innovative start-up
Sustainable development
THE VIABILITY OF A FAMILY BUSINESS
THE VISION OF A CONSTANTLY EVOLVING GROUP
OUR HISTORY
Gianfranco Curti’s entrepreneurial journey starts in the 70s, when he founded Metanfriuli srl and helped Friuli Venezia Giulia with its methanization activity. After designing and constructing gas distribution systems in several municipalities in the province of Udine, the expansion of the Group to Aquileia, Fiumicello, Terzo D’Aquileia and Grado, continued with the establishment of STI SpA.
COMMUNICATION AND SPORT
The idea of helping to create opportunities to improve the well-being of the community in which the company operates is at the core of the commitment of the Group and its companies, which have always invested in initiatives for local communities. This commitment can be seen in their support of social, cultural, and sporting initiatives and these are signs that make the company visible and contribute to a greater awareness of the brands by associating them with positive reference values of an increasingly large audience.
OUR COMPANIES
Although CGI Holding srl continues to view the methane gas
and electricity industries as its “core” activities,
it has been increasingly adept at differentiating its investments in other fields.
The Group actually consists of a number of companies, including some significant ones today like
Astolia, Bluenergy, Gas Sales, Bluenergy Assistance and
Home Service, Ciel, Green Sales, and Ethica..
OUR CORE BUSINESS
Our core business is the trade of electricity from
renewable sources and CO2-free methane gas. Our strength? With 78 helpdesks
spread across Northern Italy, our presence on the ground enables us
to respond quickly and effectively to client demands.
Our 410 employees are fully qualified, they receive ongoing training and
are prepared to put their professionalism to work for customers.
OUR OFFICES
The 42 properties that make up the real estate holdings are primarily
concentrated in the parent firm CGI Holding srl (34 properties),
and then in subsidiaries (8 properties)
that are spread out over Northern Italy in Emilia Romagna,
Lombardy, Veneto, and Friuli Venezia Giulia.
OUR PARTNERS
Building a territorial network of partners is ingrained
in the companies’ DNA of the CGI group.
This has enabled us to reach several agreements over the years with important banks, institutional partners
and trade associations especially in the provinces
in which we operate, but also on a national scale.
OUR NUMBERS
The increase in volumes due to commercial growth
was more substantial than the lower consumption due to the impact of covid-19.
The increase in volumes in the industrial customer segment should also be noted.
.
OUR PARTNERS
CGI Holding srl, in addition to being a well-structured holding company, differentiating its investments in different sectors, still counts methane gas and electricity business as its “core” activity. Over the years it has entered into several agreements with major banking institutions and trade associations.