# Ansaldo Energia approves 2020-2024 business plan with €100M investment for 2020

Ansaldo Energia's Board of Directors approved a 2020-2024 Business Plan focusing on industrial and financial recovery, including over €100 million in investments for 2020 to introduce new production technology and support growth in orders.

- Type: Investment
- Announced: 2020-02-05
- Where: Genoa, Italy, Italy
- Value: $110.0M (100.0M EUR)
- Status: announced
- Products: power generation equipment, gas turbines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Ansaldo Energia](https://endata.com/companies/5573.md)

## Sources

- [ansaldoenergia.com](https://www.ansaldoenergia.com/about-us/media-center/press-releases/detail-press-releases/the-board-of-directors-approves-ansaldo-energias-new-relaunch-plan), 2020-02-05: "The Plan also makes provision for investments totaling over €100m investments in 2020 to introduce, among other things, new production technology in the factory."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.