Gaensel Energy Group, Inc. (GEGR) announces that its Green Solution Consorzio and LNG complete the first tranche of the acquisition of Tigullio Shipping Spa in pursuit of its marine LNG green energy projects
Salt Lake City, Utah–(Newsfile Corp. – July 25, 2022) – Gaensel Energy Group, Inc., (OTC Pink: GEGR) (“Gaensel” or the “Company”), a diversified holding company, is pleased to bring update and announce the finalization of the first tranche of the share capital of Tigullio Shipping spa, the company that owns and manages the west wing of the Chiavari Marina. (www.marinadichiavari.it).
The total final investment will be equal to €10,000,000.00, a sum totally self-financed by the Green Solution & GNL Consortium.
G. Pierfrancesco Mussumeci, President of the Consorzio, said: “At the end of the acquisition, the net assets of Tigullo Shipping spa will be approximately 15,000,000.00 with a 30-year concession from the Italian government. The acquisition of Tigullio Shipping spa will allow the Consortium to use the port of Chiavari, a renowned Ligurian tourist resort very close to Portofino, both as a commercial base for its Cantieri Navali Estensi brand (www.cantierieriestensi.it), and as first Italian tourist port equipped to supply hybrid diesel and LNG boats. “
In 2023, the Consortium will present its flagship “Cantieri Estensi”, which is a 64-foot yacht, with hybrid diesel and LNG engine at the Cannes International Fair. The project is already active and developed by Cantieri Estensi and Meccanica Yacht Services srl specialized in the refitting of marine engines and part of the Gaensel Energy group of companies.
The development of LNG also guarantees a green turn in the nautical industry without penalizing the performance and comfort of boats.
Tigullio Shipping’s five-year business plan plans to achieve a turnover of €5,000,000 with an active margin of €1,000,000/year.
Thanks to the synergies with the Port of Chiavari and the innovative green policy, as well as the expansion in the main European and American markets, Cantieri Navali Estensi, a brand controlled by the Consortium, expects to be able to reach a turnover of 30,000,000 euros by 2025.
About Gaensel Energy Group, Inc. (OTC Pink: GEGR):
Gaensel Energy Group, Inc. (OTC Pink: GEGR) is an international holding company with assets exceeding $55.6 million. In 2021, the company posted revenue of $77.9 million with a healthy operating margin of 46.3%. by Gaensel
interests are diversified across multiple industries with projected double-digit annual growth rates over the next five years. Our asset base includes proven revenue-generating companies in biotechnology, commodities, healthcare, beauty-fashion, green renewable energy, technology and the metaverse.
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