T.C.V.V. Teleriscaldamento shareholders’ meeting approves balance sheet as at 30 September 2024
Tirano – January 30, 2025
Yesterday, 30 January, T.C.V.V.‘s annual shareholders’ meeting was held, which confirmed the company’s solidity and its commitment to sustainable growth, approving a positive balance sheet: 9.4 million euros in production, 3.7 million in operating margin and a profit of 1.4 million.
In recent years, more than EUR 4 million has been invested in Valtellina to improve plant efficiency and expand the network. In 2024, the main interventions include:
- Expansion of the Sondalo and Tirano plants
- Expansion of the grid with 40 new users, reaching 1,395 connected buildings and over 102 MW of thermal power
- Circular economy: recovery of agricultural prunings for energy production and interventions in forest areas affected by Bostrico
‘We want to continue investing in the valley, improving the service and supporting the community,’ says Vice President Dr. Maria Ilaria Cannata.