Internationalization, our way of looking to the future

Internationalization is not only one of the pillars of the Audax Energia Strategic Plan. It is also our way of acting, operating, looking to a future of growth and development. And it has been this way since the beginning of the history of our business Group.

Today we are present in the energy markets of 6 European countries, from Spain to Portugal, passing through Germany, Poland, the Netherlands. And of course Italy, a key element to give a real boost to extra-Iberian expansion.

Having arrived in Italy in 2014, through the initial acquisition of client packages, Audax began to grow autonomously, creating its own space within a competitive and complex market, polarized between a few or very few large players and a galaxy of medium-small entities.

Today, four years after our arrival, we are working to continue growing and consolidating the results obtained. The goal is to retain our customers by providing a service that is, in its entirety, of ever-increasing quality.

In this sense, thanks to the experience of an already liberalized market like the Spanish one, Audax is committed to propose innovative solutions and competitive prices both for domestic users, but especially for small and medium-sized businesses.

The end of the protected market in July 2020 therefore becomes an opportunity to present ourselves as a valid alternative choice among the companies that sell energy.

This is what happened in the Spanish electricity market. After liberalization, Audax presented itself as an innovator compared to traditional companies. It did so by offering energy at competitive prices and launching a series of services and products suited to the different needs of a varied and constantly changing clientele.

Today, the Audax Group is a lively, enterprising, constantly evolving and solid company. One economic fact above all: the Strategic Plan indicated 2020 as the date by which to reach 1 billion euros in turnover. This figure was already exceeded in 2017.

Therefore, there will be no shortage of challenges in the near future.

I will review just a few of them, starting with the generation of energy from renewable sources. To date, the 5 wind farms of Audax Renovables, the company dedicated to RES, produce 35% of the energy sold by Audax; the goal is to continue on this path towards a generation with increasingly higher percentages of clean energy. An example of this effort is the establishment of the division called Autoconsumo, a key project in view of 2019.

Another challenge concerns digitalization: only in this way will it be possible to have a quality, reliable, safe service capable of responding to customer needs in a short time.

An initiative already undertaken concerns the purchase of energy, which will have to be increasingly direct, from the producer. Shortening the supply chain means reducing costs both for us and especially for our customers who will be able to take advantage of more economically advantageous rates. The signing of several contracts that go under the name of PPA, or Power Purchase Agreement, is an important step on this path.

Internationalization cannot be missed, understood as a process of consolidation in Europe and expansion in Latin America.

Finally, electric mobility. Since 2014, Audax has been actively interested in the topic of electric transport by financing the R+D project that involved the creation of 2 prototypes of vehicles with electric motors.

We are certain that we will continue in 2019 along the path we have followed in recent years, broadening our horizons and continuing to do business in our own way.