DXT Commodities signs an agreement for the acquisition of WESII’s share

Jan 22, 2020 | News, old

Lugano, 22 January 2020 – DXT Commodities S.A. (DXT), a Swiss commodity trader operating internationally and specialized in the management of renewable power, announces that it has signed an agreement for the acquisition of a significant share of WESII S.r.l.

WESII S.r.l. is a highly innovative Italian start-up, established in 2016 by a team of people with extensive international experience in optical and multispectral analyses.

The company carries out aerial inspections using drones equipped with thermal and infrared sensors capable of high-quality analyses that are mainly exploited in the renewable sector: a market composed of both subsidized power plants that require continuous monitoring and by new plants that are increasingly built to operate in grid parity.

WESII offers state-of-the-art preventive maintenance solutions, aimed at maintaining high performances and uninterrupted operations, guaranteeing high precision in the detection of defective elements and potential failures.

With this acquisition, DXT Commodities intends to expand its range of services to meet the increasingly complex requests of renewable power plants owners, including sophisticated monitoring, predictive analysis of potential failures and constant support to the analysis of a plant’s profitability. In turn WESII will now be able to count on a strong partner with a wide international experience such as DXT, also capable of providing the resources required to increase its turnover and its range of services, widening for example the aerial inspections to new power production technologies.

DXT Commodities S.A. is the leader in the off-take of renewable power, with over 3,500 MW of installed capacity managed in Italy. DXT is the trader of choice for the most prominent power producers in the renewables sector, who require a well-structured counterparty capable of understanding their needs and providing high quality customized services. Thanks to its strong team of analysts and traders, as well as its advanced technologies developed in-house, DXT supports plant owners by optimizing the value of both power and guarantees of origin certificates generated from renewable sources.