HOLDING

A GROUP IN CONSTANT MOTION THAT GROWS EVERY DAY

HOLDING

HOLDING

HOLDING

A GROUP
IN CONSTANT MOTION
THAT GROWS EVERY DAY

THE MAIN MILESTONES OF THE CGI GROUP

  • Over 50 years ago
  • From 2002 to 2004
  • In 2012
  • In 2016
  • In 2017
  • In 2018
  • In 2019
  • In 2020
  • In 2021
  • In 2022
  • Discover our story
  • Over 50 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 2004
    Bluenergy 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.

CGI HOLDING: EXCELLENCE AND RECOGNITIONS IN THE SECTOR

CGI Holding is one of the leading companies in the sector, representing an example of commitment, innovation, and sustainability. Its constant dedication to excellence and innovation has enabled it to earn numerous recognitions, strengthening its leadership position in the sector. The Company’s experience and transparency are demonstrated by its solid financial rating and its ongoing commitment to sustainable practices. Explore its recognitions and learn more about its financial and sustainability ratings.

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OUR NUMBERS

2025

2024

2023

ELECTRICITY AND GAS CUSTOMERS

NUMBER OF EMPLOYEES

OUTLETS

REVENUE

EBITDA

NET PROFIT

ELECTRICITY AND GAS CUSTOMERS

2025

384.000

2024

372.000

2023

356.000

NUMBER OF EMPLOYEES

2025

565

2024

504

2023

443

OUTLETS

2025

79

2024

76

2023

69

REVENUE

2025

830 mln €

2024

780 mln €

2023

702 mln €

EBITDA

2025

77,5 mln €

2024

75,2 mln €

2023

68,6 mln €

NET PROFIT

2025

51,3 mln €

2024

36,4 mln €

2023

30 mln €

THE MAIN COMPANIES OF THE CGI GROUP

Gas Sales S.r.l. sells natural gas and electricity. The company operates in the provinces of Brescia, Cremona, Lodi, Parma, Piacenza, and Reggio Emilia. Its proximity to customers is ensured through a network of 18 customer service offices and branches across the local area. 105.500 Number of Customers: 186.8 million Revenue: Bluenergy, established in 2002, is a multi-utility company whose core business focuses on the sale of natural gas and electricity. The company is also experiencing significant growth in the post-meter services segment, where it provides tailored energy solutions for a wide range of customer groups, including residential customers, apartment buildings, businesses, and public-sector clients. Its proximity to customers is ensured through a network of 61 customer service offices and branches across the local area, a mobile office, and a Customer Service department recognised for its clarity and responsiveness, consistently ranking among the industry’s top performers. 278.900 Number of Customers: 566 million Revenue: On 26 March 2024, Fair Energy S.r.L. was established as a holding company to support the development of its subsidiary, Energentium Società Benefit S.r.L., which was incorporated on 28 November 2023. The business project aims to expand energy sales across different geographic markets while progressively broadening its shareholder base through a diversified, multi-shareholder ownership structure. This approach reflects the specific social and sustainability objectives at the core of the company's mission. With an initial share capital of €100,000, on 8 April 2024 Fair Energy S.r.L. acquired 100% of the share capital of Energentium Società Benefit S.r.L. from its sole shareholder, Bluenergy Group S.p.A. 4.3 million Revenue: Astolia S.r.l. is an Energy Service Company (ESCo) operating primarily in the Lombardy region, providing a wide range of post-meter services, including the management, maintenance, and refurbishment of heating and plumbing systems. The company was established through the integration of several of Lombardy’s leading energy service providers and has positioned itself as a modern, dynamic, and reliable business. Astolia is committed to fostering strong customer relationships and supporting local communities by leveraging its extensive expertise and well-established regional presence. 50.8 million Revenue: Bluenergy Assistance S.r.l. is the operating division responsible for post-meter services that complement the activities of Bluenergy Group S.p.A. in North-Eastern Italy. Its activities include the development of high-tech heating and plumbing systems, boiler plants, cogeneration systems, and control solutions designed to improve comfort and energy efficiency. More recently, as part of its strategy to expand and complete its range of technological solutions, the company has also introduced the design and installation of small- and medium-sized photovoltaic systems. Revenue: 28.5 million Established in 2000 and part of the Group since 2010, Ciel S.r.l. has progressively expanded its operations in the electrical systems sector, using state-of-the-art materials and technologies to meet the needs of a diverse range of public- and private-sector customers. Today, Ciel S.r.l. is a solid and well-structured company, capable of competing effectively in the market and meeting the requirements of leading public and private clients on major and complex projects, with a strong focus on the development of renewable energy solutions in the photovoltaic, hydroelectric, and wind power sectors. Revenue: 6.5 million Alongside its energy-related services, the Home Service division offers a range of water dispensers for homes and offices, designed to meet both personal and professional needs and suitable for use in homes, offices, bars, restaurants, and community facilities. Revenue: 638.000 Bluenergy Stadium S.r.L. was established to develop and manage the photovoltaic system installed on the roof of the Bluenergy Stadium in Udine. With an installed capacity of 1.1 MW, the photovoltaic system makes the Udine stadium one of the most advanced sports venues in Europe in terms of energy efficiency and carbon emissions reduction. The project benefited from the support of the Politecnico di Milano, acting as Energy Advisor. The collaboration focused on identifying the technologies best suited to the project's specific requirements, carrying out the technical assessment of the photovoltaic system with a view to maximizing on-site self-consumption, and evaluating the potential of additional technologies and solutions that support the energy transition, including battery energy storage systems and renewable energy communities. Revenue: 4.8 million Voltuna S.r.l. is a Gas Sales S.r.l. company operating across the Emilia region and southern Lombardy, providing energy efficiency consulting and support to SMEs, condominium associations, and residential customers. Its mission is to help reduce energy consumption and environmental impact through tailored services and a comprehensive range of high-quality products. Launched in 2017, the project includes a 3.7% interest held by CGI Holding S.r.l. Ethica Global Investments S.p.A. (EGI) focuses on the acquisition and professional management of equity interests in Italian companies with growth potential. Club deal capital raised: 120 million of diagnostic testing Logibiotech S.r.l., controllata al 69% dal Gruppo C.G.I, si pone come mission il miglioramento dei processi di manipolazione e tracciabilità nel campo biotecnologico/ diagnostico, con l’ausilio ovviamente all’automazione e della robotica più avanzata. La startup sviluppa Sistemi integrati e tecnologia nel mondo dell’Anatomia Patologica e delle Farmacie. Startup focused on the automation Innovative startup Sustainable development Biorenova S.p.A. is an innovative SME engaged in the development of two distinct circular economy technologies designed to support the achievement of internationally recognised sustainable development goals. Its research activities have been directed towards a single primary objective: making the initiative fully compatible with and suitable for future industrial-scale development. ciel logibiotech biorenova bluenergy_stadium

THE MAIN COMPANIES OF THE CGI GROUP

Gas Sales S.r.l. sells natural gas and electricity. The company operates in the provinces of Brescia, Cremona, Lodi, Parma, Piacenza, and Reggio Emilia. Its proximity to customers is ensured through a network of 18 customer service offices and branches across the local area. 105.500 Number of Customers: 186.8 million Revenue: Bluenergy, established in 2002, is a multi-utility company whose core business focuses on the sale of natural gas and electricity. The company is also experiencing significant growth in the post-meter services segment, where it provides tailored energy solutions for a wide range of customer groups, including residential customers, apartment buildings, businesses, and public-sector clients. Its proximity to customers is ensured through a network of 61 customer service offices and branches across the local area, a mobile office, and a Customer Service department recognised for its clarity and responsiveness, consistently ranking among the industry’s top performers. 278.900 Number of Customers: 566 million Revenue: On 26 March 2024, Fair Energy S.r.L. was established as a holding company to support the development of its subsidiary, Energentium Società Benefit S.r.L., which was incorporated on 28 November 2023. The business project aims to expand energy sales across different geographic markets while progressively broadening its shareholder base through a diversified, multi-shareholder ownership structure. This approach reflects the specific social and sustainability objectives at the core of the company's mission. With an initial share capital of €100,000, on 8 April 2024 Fair Energy S.r.L. acquired 100% of the share capital of Energentium Società Benefit S.r.L. from its sole shareholder, Bluenergy Group S.p.A. 4.3 million Revenue: Astolia S.r.l. is an Energy Service Company (ESCo) operating primarily in the Lombardy region, providing a wide range of post-meter services, including the management, maintenance, and refurbishment of heating and plumbing systems. The company was established through the integration of several of Lombardy’s leading energy service providers and has positioned itself as a modern, dynamic, and reliable business. Astolia is committed to fostering strong customer relationships and supporting local communities by leveraging its extensive expertise and well-established regional presence. 50.8 million Revenue: Bluenergy Assistance S.r.l. is the operating division responsible for post-meter services that complement the activities of Bluenergy Group S.p.A. in North-Eastern Italy. Its activities include the development of high-tech heating and plumbing systems, boiler plants, cogeneration systems, and control solutions designed to improve comfort and energy efficiency. More recently, as part of its strategy to expand and complete its range of technological solutions, the company has also introduced the design and installation of small- and medium-sized photovoltaic systems. Revenue: 28.5 million Established in 2000 and part of the Group since 2010, Ciel S.r.l. has progressively expanded its operations in the electrical systems sector, using state-of-the-art materials and technologies to meet the needs of a diverse range of public- and private-sector customers. Today, Ciel S.r.l. is a solid and well-structured company, capable of competing effectively in the market and meeting the requirements of leading public and private clients on major and complex projects, with a strong focus on the development of renewable energy solutions in the photovoltaic, hydroelectric, and wind power sectors. Revenue: 6.5 million Alongside its energy-related services, the Home Service division offers a range of water dispensers for homes and offices, designed to meet both personal and professional needs and suitable for use in homes, offices, bars, restaurants, and community facilities. Revenue: 638.000 Bluenergy Stadium S.r.L. was established to develop and manage the photovoltaic system installed on the roof of the Bluenergy Stadium in Udine. With an installed capacity of 1.1 MW, the photovoltaic system makes the Udine stadium one of the most advanced sports venues in Europe in terms of energy efficiency and carbon emissions reduction. The project benefited from the support of the Politecnico di Milano, acting as Energy Advisor. The collaboration focused on identifying the technologies best suited to the project's specific requirements, carrying out the technical assessment of the photovoltaic system with a view to maximizing on-site self-consumption, and evaluating the potential of additional technologies and solutions that support the energy transition, including battery energy storage systems and renewable energy communities. Revenue: 4.8 million Voltuna S.r.l. is a Gas Sales S.r.l. company operating across the Emilia region and southern Lombardy, providing energy efficiency consulting and support to SMEs, condominium associations, and residential customers. Its mission is to help reduce energy consumption and environmental impact through tailored services and a comprehensive range of high-quality products. Launched in 2017, the project includes a 3.7% interest held by CGI Holding S.r.l. Ethica Global Investments S.p.A. (EGI) focuses on the acquisition and professional management of equity interests in Italian companies with growth potential. Club deal capital raised: 120 million of diagnostic testing Logibiotech S.r.l., controllata al 69% dal Gruppo C.G.I, si pone come mission il miglioramento dei processi di manipolazione e tracciabilità nel campo biotecnologico/ diagnostico, con l’ausilio ovviamente all’automazione e della robotica più avanzata. La startup sviluppa Sistemi integrati e tecnologia nel mondo dell’Anatomia Patologica e delle Farmacie. Startup focused on the automation Innovative startup Sustainable development Biorenova S.p.A. is an innovative SME engaged in the development of two distinct circular economy technologies designed to support the achievement of internationally recognised sustainable development goals. Its research activities have been directed towards a single primary objective: making the initiative fully compatible with and suitable for future industrial-scale development. ciel bluenergy_stadium biorenova

THE VIABILITY OF A FAMILY BUSINESS
THE VISION OF A CONSTANTLY EVOLVING GROUP

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OUR HISTORY

Gianfranco Curti’s entrepreneurial journey began in the 1970s when he founded Metanfriuli S.r.l., contributing to the development of the natural gas distribution network in the Friuli Venezia Giulia region. In the 1990s, after designing and building gas distribution systems in several municipalities in the Province of Udine, he continued the Group’s expansion into Aquileia, Fiumicello, Terzo d’Aquileia, and Grado through the establishment of STI S.p.A.

comunicazione-e-sport

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.

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OUR COMPANIES

CGI Holding S.r.l. still counts the natural gas and electricity business as its core activity, but over the years it has successfully diversified its investments into other sectors.
Today, the Group includes several important companies, including Bluenergy, Gas Sales, Bluenergy Assistance, Home Service, Ciel, Ethica, Logibiotech, and Astolia.

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OUR CORE BUSINESS

The sale of electricity from renewable sources and CO₂-free natural gas represents our core business.
Our strength? Our local presence, with 70 customer service offices throughout Northern Italy, enabling us to respond promptly and directly to our customers’ needs. Our 443 employees are highly trained and continuously updated, ready to put their professionalism at the service of our customers.

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OUR OFFICES

The Group’s real estate properties are mainly concentrated within the parent company, CGI Holding S.r.l., and its subsidiaries, which are located throughout Northern Italy, across the regions of Emilia-Romagna, Lombardy, Veneto, and Friuli Venezia Giulia.

OUR PARTNERS

Building a local network of partners is part of the DNA of the CGI Group companies, enabling us to establish over the years various agreements with leading banking institutions, institutional partners, and trade associations, particularly in the provinces where we operate, as well as at the national level.

GAS SALES BLUENERGY VOLLEY PIACENZA

26 February 2023

Del Monte® Coppa Italia Superlega belongs to Piacenza. The Italian Super League Cup. The Piacenza team won the Final against Trento, leaving no escape for their opponents. Yoandy Leal was named the Final’s best player. Rome 26.02.2023 – Gas Sales

MAIRE TECNIMONT THROUGH NEXTCHEM WIDENS ITS CIRCULAR ECONOMY TECHNOLOGY PORTFOLIO, SIGNING AN AGREEMENT WITH BIORENOVA SPA

06 February 2023

CatC is an innovative continuous and cost-effective chemical recycling process for the recovery of high purity monomers from plastic waste, in particular from polymethylmethacrylate (PMMA, also known as Plexiglas).

NextChem will further extend the application of CatC to other value-added plastics markets such as polystyrene and polyolefins, acting as licensor and supplier of process engineering and critical equipment.

BLUENERGY: AN ENVIRONMENTALLY FRIENDLY PROVIDER OF LIGHT, GAS AND SERVICES

11TH February 2022

Bluenergy’s commitment to environmental sustainability is comprehensive and covers every aspect of its business. The promotion of conscious consumption of resources, in total respect of the environment, is one of the founding values of the company’s work and that is why it has chosen to contribute to the elimination of harmful emissions of gas and light, by bringing into its customers’ homes only energy from renewable sources and gas with offset emissions.

THE SERVICES HUB GETS STRONGER: RETTAGLIATA TECH ANNOUNCES THE ACQUISITION OF NELSA’S ENERGY SERVICES BUSINESS

17TH December 2021

1350 implants entrusted to Rettagliata Tech.
The transferred revenues amount to €16M. With this transaction, the energy services hub of the Bluenergy Group reaches a turnover of approximately €50M. Rettagliata Tech, a Bluenergy Group company that offers energy services in Lombardy, Piemonte, and Liguria, announces the purchase of Nelsa’s energy services section.

BLUENERGY GROUP: FOR 2021, TURNOVER INCREASES TO € 416 MILLION

26TH November 2021

Compared to the previous year, turnover has increased by 21%. The Financial Rating goes from A3.1 to A2.2.
Bluenergy continues its growth path closing the 2021 balance sheet with a consolidated turnover of € 416M compared to € 344M in the previous year (+21%) and an increase in the customer base of +17% from 2020. The positive results of the fiscal year just ended have contributed to the increase in the financial rating of Cerved Rating Agency SpA, an Italian agency specialized in the credit assessment of non-financial companies, from A3.1 to A2.2, among the highest in the industry.

GAS SALES BLUENERGY VOLLEY PIACENZA

GAS SALES BLUENERGY VOLLEY PIACENZA Del Monte® Coppa Italia Superlega belongs to Piacenza. The Piacenza team won the Final against Trento, leaving no escape for their opponents. Yoandy Leal was...

MAIRE TECNIMONT THROUGH NEXTCHEM WIDENS ITS CIRCULAR ECONOMY TECHNOLOGY PORTFOLIO, SIGNING AN AGREEMENT WITH BIORENOVA SPA

CatC is an innovative continuous and cost-effective chemical recycling process for the recovery of high-purity monomers from plastic waste, in particular from polymethylmethacrylate (PMMA, also...

BLUENERGY: AN ENVIRONMENTALLY FRIENDLY PROVIDER OF LIGHT, GAS AND SERVICES

Bluenergy’s commitment to environmental sustainability is comprehensive and covers every aspect of its business. The promotion of a conscious consumption of resources, in total respect of the...

THE SERVICES HUB GETS STRONGER: RETTAGLIATA TECH ANNOUNCES THE ACQUISITION OF NELSA’S ENERGY SERVICES BUSINESS

1350 are the plants entrusted to Rettagliata Tech.The total amount of transferred revenues is €16 million. With this transaction, Bluenergy Group's energetic services pole reaches a turnover of...

BLUENERGY GROUP: FOR 2021, TURNOVER INCREASES TO € 416 MILLION

Turnover +21% compared to the previous year. The Financial Rating goes from A3.1 to A2.2. Bluenergy continues its growth path closing the 2021 balance sheet with consolidated revenues of 416 million...