Asja.Energy

What Asja.Energy does

Asja Energy SBRL is a privately-held Italian renewable energy company founded in 1995 and headquartered in Rivoli (Turin), operating as a Società Benefit. The company develops, builds, and manages renewable energy plants across five business areas: landfill and FORSU-derived biogas (52 plants built since 1995, 22 currently managed), biomethane from organic waste (10 plants realized or authorized), wind energy (10 farms totaling 127.3 MW), photovoltaic systems (13 plants exceeding 11 MW including third-party asset management), and TOTEM high-efficiency micro-cogeneration units (10-30 kW electric output, near-100% CHP efficiency) manufactured in Italy. Asja also monetizes Gold Standard-certified carbon credits through CDM projects in China and South America, avoiding over 300,000 tonnes of CO2 annually.

The business model combines EPC project development for municipalities and public utilities (e.g., 22-year PPP with AMGA Legnano, Monte Scarpino plant for AMIU Genova) with direct equipment sales (TOTEM micro-cogenerators to hotels, healthcare, sports, and residential customers), asset management services for third-party PV plants, and clean energy trading. Capital is raised through project finance (Deutsche Bank, Intesa Sanpaolo) and Italy's first dedicated FORSU Green Bond (€40M via ExtraMot PRO3, 2019). Go-to-market relies on enterprise field sales, public-sector tendering, and presence at industry events including Ecomondo and KEY Energy.

Strategically, Asja has pivoted from an early biogas-and-wind developer into a vertically integrated circular economy platform with JV interests across biomethane (Pianobio, Foligno Biometano, Anzio Biowaste), a Snam partnership (Snam4Environment) for grid injection, and a new 'waste to chemical' initiative targeting CO2-to-biopolymers. International operations are conducted through wholly-owned subsidiaries Asja Brasil and Asja Renewables (China), with leadership anchored by President Agostino Re Rebaudengo (former President of Elettricità Futura 2020-2024) and CEO/COO Tommaso Cassata.

Name

Asja.Energy

Legal name

ASJA ENERGY SBRL

Website

https://asja.energy

Company type

Private

Founded year

1995

Operating status

Operating

Short description

Asja Energy SBRL is an Italian renewable energy company founded in 1995 that develops and operates biogas, biomethane, wind, and photovoltaic plants, sells TOTEM micro-cogeneration units, and provides asset management services to municipalities, public utilities, and commercial customers in Italy, Brazil, and China.

Ownership category

akta.pro rank

Product category

Renewable Energy Services

NAICS

Biomass Electric Power Generation (221117), Motor and Generator Manufacturing (335312), Electric Power Generation (22111)

SIC

Cogeneration Services & Small Power Producers (4991), Motors & Generators (3621), Engines & Turbines (3510)

akta.pro primary industry

Forestry & Wood Waste Biomass Power (Sawmill Residues, Black Liquor) (EUACAIAG)

akta.pro secondary industry

Biomass Plant EPC & Integration (Design/Build, Balance of Plant) (EUAAAGAH)

Keywords

• Renewable energy production
• Biogas biomethane plants
• Wind solar generation
• Micro-cogeneration systems
• Organic waste valorization

Headquarters

HQ city

Rivoli

HQ country

Italy

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Energy Generation and Trading: Asja generates electricity from biogas, wind, and photovoltaic plants. The company operates in clean energy trading, selling electricity and trading Green Certificates (Certificati Verdi).
2. Carbon Credits: Asja generates carbon credits through CDM (Clean Development Mechanism) projects in China and South America. CO2reduction project offers companies and individuals the ability to offset their carbon footprint using certified carbon credits. Projects in South America are certified Gold Standard.
3. Biomethane and Compost Sales: Production and sale of biomethane (renewable fuel for electricity, heat, or transport) and quality compost from organic waste processing. Biomethane is injected into SNAM transport network.
4. TOTEM Micro-cogenerator Sales: Sale and installation of TOTEM micro-cogeneration units for residential, commercial, and industrial heating/cooling applications. Products designed and manufactured in Italy.
5. Asset Management Services: Management services for third-party photovoltaic plants. Includes operation, maintenance, and monitoring of installed capacity.
6. Green Bond Financing: Asja issued Italy's first Green Bond dedicated entirely to financing projects for treatment and recovery of organic waste fraction (FORSU) for circular economy. €40 million bond listed on ExtraMot PRO3.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Asja.Energy designs, builds, and operates renewable energy plants (biogas, biomethane, wind, photovoltaic) across Italy, Brazil, and China, while manufacturing and selling the TOTEM line of high-efficiency micro-cogenerators that simultaneously produce electricity and heat. The company also generates certified carbon credits, produces quality compost from organic waste, and provides asset management services for third-party renewable energy installations.

Product overview

Asja Energy is a renewable energy company operating since 1995 with a diversified portfolio of energy production and efficiency solutions. The company operates five main business areas: Biogas (landfill gas valorization with 52 plants built), Biometano (biomethane from organic waste with 10+ plants), Eolico (wind farms totaling 127.3 MW), Fotovoltaico (solar installations exceeding 11 MW), and Microcogenerazione TOTEM (high-efficiency micro-cogenerators producing simultaneous electricity and heat). Supporting services include Asja -CO2 carbon credit system and Asja Clean Energy renewable electricity supply. The company also develops waste-to-chemical technologies and provides asset management for third-party plants.

Differentiator

Problem solved

Functional benefit

Brands

• TOTEM: Microcogeneratori ad alta efficienza per la produzione simultanea di energia elettrica e calore. Progettato e costruito al 100% in Italia.
• TOTEM Energy
• TOTEM-ECO

Products and services

• TOTEM Micro-cogenerators High-efficiency micro-cogeneration units producing simultaneous electricity and heat from natural gas, designed for hotels, healthcare facilities, sports centers, residential complexes, agricultural operations, and industrial users. Three models: TOTEM 10 (10kW electric, 21.6kW thermal), TOTEM 12 (12kW electric, 25kW thermal), and TOTEM 30 (30kW electric, 60.3kW thermal). Designed and built in Italy.
• Biogas Plants and Electricity Generation Design, construction, and operation of landfill biogas capture and electricity generation plants. Asja has built 52 plants since 1995 with 85% average annual biogas capture coefficient and 94%+ generator utilization rate. Serves municipalities and private enterprises with renewable electricity production from landfill and organic waste.
• Biomethane Production Production and sale of biomethane from FORSU (Organic Fraction of Municipal Solid Waste), green waste, and agricultural/agro-industrial byproducts through anaerobic digestion and upgrading. Over 10 plants built or authorized. Biomethane is injected into the SNAM transport network. Also produces quality compost as a co-product.
• Wind Energy (Eolico) Design, construction, and management of wind farms including site identification, anemological measurements, design, environmental impact studies, permitting, construction, management, green certificate trading, and electricity sales. Total installed capacity of 127.3 MW across 10 wind farms.
• Photovoltaic (Solar) Energy Development, construction, and management of photovoltaic plants on multiple terrain types including quarries, landfills, degraded industrial areas, parking canopies, and building rooftops. Includes environmental remediation of asbestos coverings. Currently manages 13 plants with installed capacity exceeding 11 MW.
• Asset Management Services Operation, maintenance, and performance optimization services for third-party photovoltaic and renewable energy plants. Includes monitoring and management of installed capacity for external asset owners.
• Asja -CO2 Carbon Credit Offset Service Carbon dioxide emission compensation service using certified carbon credits from CDM projects in China and South America. Allows individuals and businesses to offset CO2 emissions. Over 300,000 tonnes of CO2 avoided annually.
• Asja Clean Energy Supply Renewable electricity supply service providing 100% renewable energy produced from Asja's own biogas, wind, photovoltaic, and biomethane plants.

Quantifiable outcome

• 85% average annual biogas capture coefficient
• +6 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• FINCOcoreStrategic or Co-development Partner · 1 November 2025Federation of Industries for construction products, systems, services and specialized works. President Agostino Re Rebaudengo serves as Vice President since November 2025.
• SnamcoreStrategic or Co-development Partner · 14 December 2021Asja signed agreement with Snam through subsidiary Snam4Environment for acquisition of biomethane plants. Snam is Italy's main natural gas transportation network operator. Partnership enables biomethane injection into SNAM network.
• RES4MEDcoreStrategic or Co-development Partner · 12 May 2016Association for development of renewables in Mediterranean and Africa. Asja member since founding in 2012. Co-organizes training programs and international conferences on renewable energy deployment in MENA and African countries.
• Elettricità FuturacoreStrategic or Co-development PartnerMain Italian electricity sector association representing renewable and conventional energy producers. President Agostino Re Rebaudengo served as President of Elettricità Futura from 2020 to 2024.
• FISE ASSOAMBIENTEcoreStrategic or Co-development PartnerAssociation representing private environmental service companies at national and EU level. Asja participates in industry events and initiatives including Impianti Aperti.
• Fondazione Sandretto Re RebaudengominorStrategic or Co-development PartnerFSRR promotes contemporary art nationally and internationally. Asja supports cultural dissemination through this foundation.
• CinemAmbienteminorGTM or Marketing PartnerMost important international film festival dedicated to environment and nature. Asja has maintained 20-year partnership supporting environmental culture through cinema.
• TOTEM EnergycoreTechnology or IntegrationSubsidiary company that designs, develops, and commercializes TOTEM micro-cogeneration product line. Part of Asja Group.
• Politecnico di TorinominorStrategic or Co-development PartnerTechnical university collaboration for training courses and research. TOTEM micro-cogenerator visits included in educational programs.
• SASOL ItalyminorChannel Partner/ Reseller/ DistributorMulti-year agreement for supply of agricultural biomethane. SASOL distributes biomethane products.

Scale indicators11 records

Recent moves8 records

Expansion highlights6 records

Others

• Snam S.p.A. Operator of Italy's natural gas transmission network and Asja's biomethane offtake/development JV partner via Snam4Environment — comparable as an ecosystem enabler rather than a direct competitor for biomethane injection volumes.

Broad incumbents

• A2A S.p.A. Italian multi-utility with material waste-to-energy, biogas, and biomethane operations under its "Futura" and "Reti" units, overlapping Asja in landfill gas capture and organic waste valorization.
• Hera Group: Italian multi-utility operating waste collection, biogas plants, and biomethane injection across northern/central Italy, directly comparable in landfill gas valorization and FORSU processing.
• Iren Group: Italian multi-utility with waste, biogas, and biomethane projects; competes for municipal waste concessions similar to Asja's AMIU/AMGA contracts.
• Bosch Thermotechnology: Global heating/HVAC player with gas-engine CHP offerings that overlap TOTEM in commercial and residential micro-CHP applications.
• Eni S.p.A. (Bioenerys): Italy's largest energy major has built Bioenerys into the country's biggest biomethane operator and is acquiring FORSU/biogas plants — directly competing with Asja for biomethane volumes and municipal FORSU contracts.
• Viessmann Group: German heating and combined heat & power manufacturer with established micro-CHP and condensing boiler lines targeting hospitality and residential segments similar to TOTEM customers.

Emerging players

• 2G Energy AG: German manufacturer of small-scale gas-engine CHP and micro-CHP units (20-2,000 kW) — comparable sub-niche to Asja's TOTEM line but focused on the small-commercial/light-industrial segment.

Direct peers

• Greenthesis S.p.A. (formerly So.Ge.Ico): Italian waste-management and biogas platform operating anaerobic digestion plants on FORSU and organic waste — directly comparable to Asja's landfill/biogas and biomethane activities.
• EC Power A/S: Danish manufacturer of engine-based micro-CHP units (XRGI) — directly comparable to Asja's TOTEM micro-cogenerator product family in technology, target market (SMB/commercial/heat-led buildings), and business model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/AsjamenoCO2
• LinkedInlinkedin.com/company/asja-ambiente-italia-spa
• Xx.com/AsjamenoCO2

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries7 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 Asja.Energy