Saras S.p.A - S7A

Saras S.p.A. engages in the oil refinery business in Italy and internationally. The company operates through Refining, Marketing, Generation of Power By The Combined Cycle Plant, Generation of Power By Wind Farms, and Other Activities segments. The company, directly and through its subsidiaries, sells and distributes oil products, such as diesel, petrol, diesel fuel for heating, liquefied petroleum gas (LPG), virgin naphtha, and aviation fuel in the retail and wholesale markets. The company also generates and sells electricity through an integrated gasification combined cycle plant with a total installed capacity of 575 megawatts; and a wind farm with a total installed capacity of 96 megawatts. In addition, it provides environmental protection services, including environmental engineering, environmental analysis and measurement systems, analytical services, and environmental monitoring services; explores for gaseous hydrocarbons; and offers reinsurance products. Additionally, it owns and manages a depot located in Cartagena; and a retail network of 101 service stations located primarily along the Spanish Mediterranean Coast. The company was founded in 1962 and is headquartered in Milan, Italy. Saras S.p.A. is a subsidiary of Angelo Moratti S.a.p.a.