What FATA does

FATA SpA, headquartered in Pianezza (Turin), Italy, is a turnkey Engineering, Procurement and Construction (EPC) contractor wholly owned by Danieli Group, the Italian metallurgical plant conglomerate established in 1914. Founded in 1936 as a manufacturing facility and operating in more than 50 countries, FATA delivers large, complex industrial projects under lump-sum turnkey (LSTK) contracts across six sectors: thermal power plants (gas-fired combined cycle, open cycle, biomass, waste-to-energy); energy infrastructure (HVDC submarine and overhead links such as the 970 km Tyrrhenian Link and the 250 km Adriatic Link for Italian TSO Terna); Concentrating Solar Power plants using Fresnel linear trough collectors with molten-salt thermal energy storage enabling 15–16 hours of dispatch; green hydrogen production facilities; aluminium smelters, rolling mills, casthouses and anode bake furnaces (in cooperation with Emirates Global Aluminium); and diversified industrial plants (chlor-alkali, ports, mining concentrators). Its portfolio of proprietary and licensed technology includes the Fresnel-CSP-with-molten-salt-TES configuration, 880 MW Siemens SGT5-9000HL combined-cycle packages, and EGA reduction-cell technology for aluminium smelters.

FATA's business model is fundamentally project-based: revenue is recognized over the multi-year life of each LSTK contract on a percentage-of-completion basis, with pricing set through competitive bidding and direct negotiations against enterprise clients — utilities, transmission system operators, aluminium majors, mining companies and industrial operators. Awarded contract values are substantial (EUR 140M+ for EL-TO Zagreb, EUR 163M for Adriatic Link balance-of-plant, EUR 370M for Tyrrhenian Link balance-of-plant), and FATA differentiates through three reinforcing pillars: (1) deep execution know-how accumulated over 85+ years of complex EPC work; (2) preferred consortium positions with Siemens Energy for HVDC and CCGT plants and with EGA for aluminium smelters; and (3) access to structured project financing via EBRD, EIB and commercial-bank syndicates (often with EFSI guarantee support), which materially improves the bankability of its bids. The company's go-to-market is direct enterprise field sales backed by participation in industry events (AIST European Steel Forum, KEY – Energy Transition Expo, H2ITalks) and Italian Hydrogen Association membership; no indirect channels or self-service elements apply given the size and complexity of each tender.

Name

FATA

Legal name

Fata SpA

Website

https://fatagroup.it

Company type

Private

Founded year

1936

Operating status

Operating

Headcount range

101–250 employees

Short description

FATA SpA is an Italian turnkey EPC contractor, wholly owned by Danieli Group, delivering large industrial plants across thermal power, HVDC transmission, Concentrating Solar Power with molten-salt storage, green hydrogen, aluminium smelters and diversified heavy industry for utilities, TSOs and industrial operators worldwide.

Ownership category

akta.pro rank

Product category

Engineering, Procurement and Construction (EPC) Services for Industrial Plants

NAICS

Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211), Electric Bulk Power Transmission and Control (221121), Steam and Air-Conditioning Supply (221330)

SIC

Cogeneration Services & Small Power Producers (4991), Misc Industrial & Commercial Machinery & Equipment (3590)

akta.pro primary industry

CSP Plant Development & EPC (Parabolic Trough, Tower, Linear Fresnel, Dish) (EUACAGAE)

akta.pro secondary industries

Balance-of-Plant (BOP) & Civil Works for Power Plants (EUAEAAAL), Substation & Interconnection EPC (Collector/POI Substations, Switchyards) (EUAEADAC), EMS / SCADA / DERMS Controls Integration for Storage (EUAEAEAG), Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB), Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM)

Keywords

• EPC contracting services
• Industrial plant construction
• Thermal power plants
• HVDC transmission infrastructure
• Concentrating solar power

Headquarters

HQ city

Pianezza

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. EPC Contract Revenue: Revenue generated from Engineering, Procurement and Construction contracts for industrial plants and power generation facilities. Projects are delivered on lump-sum turnkey basis with fixed-price contracts. Revenue recognized over project duration based on completion percentage.
2. Project Financing Support: Provision of financial support to projects including project financing, structured financing, syndicated international loans, with EBRD, EIB and commercial bank funding.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

FATA SpA delivers turnkey Engineering, Procurement and Construction (EPC) services for large and complex industrial projects, including thermal power plants, HVDC energy transmission infrastructure, Concentrating Solar Power (CSP) plants with molten salt thermal storage, green hydrogen facilities, aluminium smelters, and diversified industrial plants. Services span the full project lifecycle from feasibility studies and project development through engineering, procurement, construction, commissioning, and start-up assistance, typically structured as lump-sum turnkey contracts for enterprise clients.

Product overview

FATA SpA is a leading provider of high value-added EPC (Engineering, Procurement and Construction) services for industrial plants, operating as part of Danieli Group. The company's product portfolio consists of turnkey industrial plant solutions across six core sectors: Thermal Power Plants (gas-fired combined cycle, open cycle, biomass, and waste-to-energy), Energy Infrastructure (HVDC transmission links including the Tyrrhenian Link and Adriatic Link), Concentrating Solar Power (CSP) Plants with molten salt thermal storage technology, Green Hydrogen Production Facilities, Aluminium Smelters and Downstream Facilities (smelters, rolling mills, casthouses), and Diversified Industrial Plants (chloralkali, ports, mining). All offerings are delivered on a full EPC Lump Sum Turn-key basis, from project development and feasibility studies through to commissioning and commercial operation. The company leverages strategic technology partnerships including Siemens Energy for gas turbines and HVDC systems, Wartsila for gas engines, and Emirates Global Aluminium for smelter technology.

Differentiator

Problem solved

Functional benefit

Products and services

• Thermal Power Plants EPC Engineering, procurement and construction of thermal power plants including gas-fired open cycle, gas-fired combined cycle, biomass, and waste-to-energy configurations. Delivered as EPC Lump Sum Turn-key solutions for utilities and independent power producers (e.g., Ostiglia 880 MW for EP Produzione, Monfalcone 880 MW for A2A, Termoli 72 MW for MetaEnergia, EL-TO Zagreb 150 MW for HEP).
• HVDC Energy Infrastructure EPC High-Voltage Direct Current (HVDC) transmission infrastructure EPC including submarine and overhead power links for connecting asynchronous AC systems, comprising converter stations, civil works, electro-mechanical installations, and auxiliary systems. Reference projects include Tyrrhenian Link (970 km connecting Sardinia, Sicily, Campania) and Adriatic Link (250 km connecting Marche and Abruzzo) for Terna SpA.
• Concentrating Solar Power (CSP) Plants EPC
• Green Hydrogen Plants EPC
• Aluminium Smelters and Downstream Facilities EPC EPC solutions for aluminium production including primary smelters, rolling mills, casthouses, anode bake furnaces, and associated infrastructure. Includes strategic cooperation with Emirates Global Aluminium (EGA) for reduction cell technology. Reference projects: ALBA port capacity upgrade (Bahrain), Qatalum casthouse (Qatar), OARC rolling mill (Oman), Hormozal smelter (Iran), GALTCO co-promotion (Colombia).
• Diversified Industrial Plants EPC Various industrial plant EPC projects including chlor-alkali and chemical plants (Gulf Chlorine, Union Chlorine for caustic soda, hydrochloric acid, sodium hypochlorite production), tank farms, oil & gas separation facilities, ports, and mining concentrator plants (Darwendale PGM concentrator for Great Dyke Investments at 280,000 dry tonnes/month).
• Turnkey EPC Project Services Full Engineering, Procurement and Construction services on a turnkey basis for large and complex industrial projects, covering feasibility studies, project development, engineering, procurement, construction, commissioning, and commercial operation start-up, with over 50 years of dedicated EPC execution experience. Includes support for project financing, structured financing, syndicated international loans, and lender relationships with EBRD, EIB, and commercial banks.

Quantifiable outcome

• Over 1.6 million safe working hours without LTI on ALBA port project
• +2 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered minor, core and major.

• Italian Hydrogen Association (H2IT)minorOthers · 1 July 2023Autonomous association promoting hydrogen production technologies and systems. FATA accepted as member in July 2023 following technical and corporate assessment, participating in H2ITalks events to position for green hydrogen EPC opportunities.
• Siemens EnergycoreTechnology or Integration · 29 March 2023Strategic consortium for major HVDC energy infrastructure projects. FATA and Siemens form Temporary Business Grouping (RTI) for Tyrrhenian Link (EUR 3.7B total project, 970km connecting Sardinia, Sicily, Campania) and Adriatic Link projects. FATA provides balance of plant (civil works, electro-mechanical, auxiliary systems) while Siemens provides converter technology. Also collaborating on Ostiglia and Monfalcone CCGT power plants.
• Terna SpAcoreStrategic or Co-development Partner · 29 March 2023Italian transmission system operator for national electricity grid. FATA-Siemens consortium executing Tyrrhenian Link (EUR 3.7B, 970km HVDC) and Adriatic Link projects for grid interconnection and renewable integration.
• Emirates Global Aluminium (EGA)coreStrategic or Co-development Partner · 20 April 2021Strategic Cooperation Agreement signed in 2018 for development of aluminium smelter projects. Combines EGA's state-of-the-art reduction cell technology with FATA's EPC capabilities. Jointly pursuing greenfield aluminium projects including the GALTCO project in Colombia with NEO Aluminio Colombia.
• NEO Aluminio ColombiamajorStrategic or Co-development Partner · 20 April 2021Co-promotion agreement for GALTCO (Green Aluminum Transformation Complex) project in Colombia's Sucre state. FATA providing design, feasibility study and EPC services for 540,000 t/y low-carbon aluminium production facility powered by hydroelectricity, using EGA technology.
• Great Dyke Investments (GDI)majorStrategic or Co-development Partner · 15 September 2020Joint venture (50/50 between Russian Vi Holding subsidiary and Zimbabwean partner) for Darwendale PGM mining complex. FATA holds LSTK contract for concentrator plant processing 280,000 dry tonnes/month ore to produce 6,440 tonnes/month dry concentrate cake.
• HEP d.d.majorTechnology or IntegrationCroatian national utility developing EL-TO Zagreb combined-cycle cogeneration plant. FATA awarded EPC contract valued at EUR 140M+ for 150 MW electrical and 114 MW thermal capacity unit, financed through EBRD, commercial banks and EIB with EFSI guarantee.

Scale indicators10 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• SENER: SENER is a Spanish engineering group with deep proprietary CSP (tower and Fresnel) technology and EPC capabilities, directly competing with FATA in turnkey CSP plant delivery and offering overlapping thermal power EPC services.
• Técnicas Reunidas: Técnicas Reunidas is a Spanish EPC contractor delivering large energy and industrial projects (refineries, power, hydrogen). Comparable to FATA in business model, project scale, and energy transition positioning, though more tilted to oil & gas downstream.
• Cobra Instalaciones y Servicios: Cobra (ACS group) is a major Spanish EPC contractor active in CSP and renewable power plants globally, including turnkey projects with thermal storage — directly comparable to FATA's CSP and renewable EPC offering.
• Maire Tecnimont: Maire Tecnimont is an Italian-headquartered EPC contractor serving power, refining, petrochemicals, and green energy. It is comparable to FATA in scale, geography, and turnkey industrial plant delivery across energy transition verticals.

Broad incumbents

• Saipem: Saipem is a large Italian EPC contractor historically focused on oil & gas and now expanding into renewables, green hydrogen, and HVDC-related infrastructure. Comparable to FATA on energy transition EPC positioning and Italian industrial-plant heritage.
• McDermott International: McDermott is a global EPC contractor with capabilities in energy infrastructure and industrial plants. Comparable to FATA on large turnkey industrial project execution, though with a heavier oil & gas and offshore LNG focus.
• Doosan Enerbility: Doosan Enerbility is a Korean EPC and OEM delivering thermal power plants, turbines, and HVDC substations. Comparable to FATA on thermal power EPC and electrical infrastructure (HVDC, substations) at large utility scale.
• Ansaldo Energia: Ansaldo Energia is a major Italian power generation OEM and service provider with EPC capabilities for thermal plants and turbines. Comparable to FATA on thermal power EPC scope, though Ansaldo is also a technology OEM rather than a pure EPC contractor.
• SEPCO III: SEPCO III is a major Chinese EPC contractor executing utility-scale thermal and renewable power projects globally. Comparable to FATA on turnkey power plant EPC and overseas project execution, though with a much larger headcount and broader geographic footprint.

Emerging players

• Masdar (EDF/TAQA/Mubadala JV portfolio): Masdar and its EPC contracting partners develop utility-scale CSP and renewable projects in MENA, overlapping with FATA's CSP and energy infrastructure EPC scope and representing a potential customer/competitor interface in Middle East tenders.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FATA