Powering

Reinforcing Italy’s grid upgrade and supporting electrification

Powering is a leading power leasing business in Italy, providing temporary power solutions to critical grid and industrial operations.

Energy

logistic

AEIF3

Vehicle

logistics

2025

Investment year

logistics

Invested

Status

logistics

Italy

Country

Asset manager

Stefano Brugnolo

More about Powering

 

Majority

Ownership

c. 0

Generators

0

Italian depots

0 %

On-time call-outs

Market

  • Powering focusses on mission-critical applications of its fleet and services. Owing to its vast depot network and fleet, operational know-how, certified staff, and in-house transportation capabilities, the Company captures a segment of the power leasing market that requires high-quality, near-instant power restoration solutions
  • The availability of a generator fleet, such as Powering’s, enables network operators to reinforce and upgrade grid infrastructure to support electrification.
  • There are strong market tailwinds given the vulnerability of the Italian energy grid and secular electrification trends

Asset

  • Powering’s business model is highly tailored to providing generating power of high reliability to critical grid and industrial operations, often at short notice. The Company is set up with a diverse and extensive fleet of 1,450 generators spread over 53 depots covering almost the entire country of Italy, playing a vital role in Italy’s energy transition
  • Supported by strong operational procedures, motivated and flexible staff, and a well-organised network of depots and logistics function, it can swiftly respond to emergencies and is the only business in the sector in Italy capable of contractually committing to a two-hour call-out time
  • Powering’s focus on high-quality applications resulted in a strong resilience to the effects of the Covid pandemic, more than doubling its revenue base between FY20 and FY22
  • The company has over the years developed deep ties with blue-chip clients, leading to near-zero churn rate and to the significant majority of revenue being made up of multi-year agreements

Arcus news

February 13, 2025
Arcus announces the completion of the sale of AEIF2’s interest in Horizon Energy Infrastructure and Smart Meter Assets
February 4, 2025
Arcus acquires majority stake in Powering, a leading power leasing business in Italy
December 3, 2024
HB acquires TPS Rental Systems Ltd
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Date joined

June 2022

Office

London

English

Polish

French

Afrikaans

Karol joined Arcus in June 2022 as a Senior Investment Executive. Prior to joining Arcus, Karol worked in the digital infrastructure origination team at Amber Infrastructure and in the infrastructure principal investments team at Macquarie Capital. Karol is a member of the Digital Origination Team. His infrastructure experience to date has been primarily focused on infrastructure origination.

Karol holds a BA in Accounting and Finance from University of Manchester.

Management roles

  • Head of Energy Sector Team
  • Investment Committee Member