(PLC) Stock Overview

PLC S.p.A. operates as a general contractor in the construction of electrical infrastructures and renewable energy production plants in Italy and internationally. It is involved in the development, design, construction, and management of renewable energy plants, including wind and photovoltaic plants; remote monitoring and plants dispatching orders management; and operation and maintenance of plants. The company also engages in the engineering, procurement, and construction (ECP) activities comprising design, supply, assembly, and commissioning of electrical stations, MV substations, and other electrical infrastructures; construction of turnkey user substations, RTN network sorting stations, and anaerobic digestion plants for agriculture and organic waste; assembly, installation, and commissioning of HVDC converter stations; BOP of wind turbines; and ECP and BOP of photovoltaic systems. In addition, it manages approximately 8.4 GW of wind farms, photovoltaic systems, and electrical infrastructures. The company was formerly known as Industria e Innovazione S.p.A. and changed its name to PLC S.p.A. in July 2018. PLC S.p.A. was founded in 1996 and is based in Milan, Italy. PLC S.p.A. operates as a subsidiary of Fraes S.r.l.