Shangai – Fondo Strategico Italiano (FSI) and Shanghai Electric (SEC) – a world leader in the manufacture of power generation equipment and other machinery – today signed a long-term strategic agreement that envisages the acquisition by SEC of 40% of Ansaldo Energia (AEN) and the establishment of two joint ventures between AEN and SEC for manufacturing of gas turbines for Asian markets and the creation of an R&D centre in Shanghai. On December 2013 FSI acquired from Finmeccanica and First Reserve a 85% stake of AEN. In addition, the R&D centres of Genoa and Shanghai will launch a cooperation project to develop a new gas turbine technology. The strategic partnership with SEC, is the largest Italian–Chinese agreement and could represent a major benchmark of economic relations between the two countries. (9colonne)
