CARGO

What CARGO does

CARGO Srl is an Italian Engineering, Procurement and Construction (EPC) contractor headquartered in Potenza, Basilicata, founded on October 4, 1984 by the Giardiello family and currently led by brothers Rosario and Francesco Giardiello. The company designs, builds, and maintains electrical infrastructure ranging from low voltage to high voltage — including power lines, electrical substations, public lighting, and grid connections — alongside turnkey renewable energy plants (photovoltaic and wind). Its five core service lines are: Infrastrutture Energetiche (HV/MV/LV infrastructure), EPC for renewable plants, NO-DIG/Trenchless low-impact underground installation, 24/7 telecontrol plus on-site maintenance backed by internal diagnostic laboratories, and Sviluppo e Scouting (R&D and innovation scouting for generation, storage and grid injection technologies).

The business operates exclusively through direct enterprise sales to energy utilities, renewable energy developers, public entities, and industrial/commercial clients, secured via project-based EPC contracts, competitive bidding, and qualified-supplier relationships. CARGO holds Enel Group qualified-supplier status and lists partnerships with Eni, EDP Renewables, Enfinity, Tozzi Green, ASJA, BayWa r.e., EWT, and others. Revenue is generated through one-time EPC project contracts plus recurring managed-services revenue from ongoing maintenance and telecontrol contracts. The company has accumulated over €100 million in revenue across the 2018-2023 period, deploys 250+ specialized workers, has built or maintained 80,000+ km of power lines, and logs 500+ hours of network interventions annually.

CARGO is differentiated by a portfolio of certifications (ISO 9001, 14001, 45001, 37001, 50001; SA 8000; UNI/PdR 125; Rating di Legalità; SOA attestation; White List; Enel qualification; Model 231 adopted 2018), proprietary NO-DIG trenchless technology, internal diagnostic laboratories, and 24/7 telecontrol capabilities. Geographic operations are concentrated in Southern Italy (Basilicata, Sicily, Calabria), with project execution extending nationwide. The company has been recognized as an Italian "Campione della Crescita 2026," "Stelle del Sud 2026," and "Eccellenze Italiane 2024-2025" by Il Sole 24 Ore.

Name

CARGO

Legal name

CARGO SRL

Website

https://cargosrl.it

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

1–10 employees

Short description

CARGO Srl is an Italian EPC contractor, founded 1984 and family-owned (Giardiello), that designs, builds and maintains HV/MV/LV electrical infrastructure and turnkey photovoltaic and wind renewable plants for utilities (Enel, Eni) and renewable energy developers across Italy.

Ownership category

akta.pro rank

Headquarters

HQ city

Potenza, Basilicata

HQ country

Italy

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. EPC Contracts for Energy Infrastructure: One-time project-based revenue from engineering, procurement, and construction of energy infrastructure including power lines, substations, and grid connections. Projects range from low-voltage to high-voltage installations.
2. Renewable Energy Plant Development: Development and construction of photovoltaic and wind energy plants under turnkey EPC contracts for clients, including own-project development.
3. Maintenance and Telecontrol Services: Ongoing maintenance services for electrical infrastructure including preventive maintenance, emergency interventions, and 24/7 telecontrol monitoring. Services provided for both company-built and third-party installations.
4. NO-DIG and Trenchless Installation Services: Specialized underground infrastructure installation using trenchless technologies for grid connections in challenging locations.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

CARGO Srl is an Italian EPC contractor that designs, builds, and maintains electrical energy infrastructure for utilities, renewable energy developers, and public entities. Its core offerings span the full lifecycle of energy assets: low-to-high voltage power line construction, turnkey renewable energy plant development (photovoltaic and wind), low-impact NO-DIG/trenchless underground installation, and 24/7 telecontrol monitoring plus on-site maintenance interventions. The company positions itself as a single interlocutor covering everything from feasibility studies and permitting through construction, grid integration, and ongoing operations.

Product overview

CARGO offers an integrated suite of energy infrastructure services organized around five core offerings: Infrastrutture Energetiche (energy infrastructure design, construction and maintenance from low to high voltage), EPC (Engineering, Procurement and Construction for renewable energy plants including photovoltaic and wind farms), NO DIG e TRENCHLESS (trenchless/subsurface construction solutions with low environmental impact), Manutenzione, Telecontrollo e Interventi On-Site (24/7 remote monitoring and on-site maintenance), and Sviluppo e Scouting (innovation scouting for energy generation, storage, and grid injection technologies). These five services collectively cover the full project lifecycle from initial development and design through construction and ongoing maintenance, positioning CARGO as a single interlocutor capable of managing entire energy projects for clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Energy Infrastructure (Infrastrutture Energetiche) Design, construction, and maintenance of electrical energy infrastructure covering low voltage (BT) through high voltage (AT) installations, including power lines, electrical substations, and public lighting. Targeted at energy utilities, distribution operators, public entities, and industrial/commercial enterprises.
• EPC for Renewable Energy Plants Turnkey Engineering, Procurement and Construction services for renewable energy plants including photovoltaic and wind farms, covering land identification, permitting, construction, grid integration, and commissioning. Serves renewable energy developers and operators seeking end-to-end project delivery.
• NO-DIG and Trenchless Installation Low-environmental-impact underground cable installation using trenchless technologies that avoid open-cut excavation, reducing disruption to ecosystems and urban contexts and supporting Carbon Zero objectives. Used for grid connections in challenging locations where traditional excavation is impractical.
• Maintenance, Telecontrol and On-Site Interventions 24/7 remote monitoring and maintenance services for power generation plants and energy infrastructure, including preventive maintenance, emergency interventions, real-time anomaly detection, and rapid on-site service restoration. Provided for both CARGO-built and third-party installations.
• Development and Scouting (Sviluppo e Scouting) Scouting activity for new technologies related to energy generation, storage, and injection into the public grid, with emphasis on flexibility and efficiency of photovoltaic systems. Supports CARGO's own-project development and technology adoption roadmap.

Quantifiable outcome

• 80,000+ km of power lines built and maintained
• +3 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

17 partnerships are on record, tiered core, major, regional and minor.

• Gruppo Enel (e-distribuzione)coreStrategic or Co-development PartnerQualified partner and approved contractor for Enel Group, providing construction and maintenance services for high, medium, and low voltage power lines, electrical substations, public lighting, photovoltaic and wind installations. Relationship based on demonstrated technical capability and quality standards compliance.
• EDP RenewablesmajorStrategic or Co-development PartnerCollaboration in renewable energy infrastructure development projects. Partner logo displayed on CARGO website as key collaboration relationship.
• EnfinitymajorStrategic or Co-development PartnerPartnership in renewable energy project development, including solar and wind installations.
• Tozzi GreenmajorStrategic or Co-development PartnerCollaboration in wind energy and renewable infrastructure projects, leveraging mutual expertise in energy sector.
• ASJAcoreStrategic or Co-development PartnerLong-standing partnership in renewable energy sector, including wind and solar infrastructure.
• EnicoreStrategic or Co-development PartnerCollaboration in energy sector projects, including infrastructure development and maintenance services.
• Golden LucanoregionalStrategic or Co-development PartnerRegional partnership focused on renewable energy development in the Basilicata region of Southern Italy.
• MerloniminorStrategic or Co-development PartnerPartnership in energy sector projects, name appears in partner logos section.
• BayWa r.e.majorStrategic or Co-development PartnerInternational partnership with BayWa r.e. for renewable energy projects, bringing global expertise to collaborations.
• Marco PolominorStrategic or Co-development PartnerPartner in energy sector projects, logo appears in partner section.
• TeagestmajorTechnology or IntegrationTechnology partner for energy management and monitoring solutions, enabling advanced telecontrol services.
• Energy System ServicesmajorStrategic or Co-development PartnerPartnership for energy system services and solutions, supporting comprehensive project delivery.
• Seva - Energia RinnovabileregionalStrategic or Co-development PartnerRegional partner in renewable energy sector, focused on sustainable energy solutions.
• ComalminorStrategic or Co-development PartnerPartner in energy sector projects, logo displayed on website.
• EWT (European Wind Technology)majorStrategic or Co-development PartnerPartnership in wind energy technology and infrastructure development projects.
• AbantiaminorStrategic or Co-development PartnerPartner in energy sector projects, listed in partner section.
• ObristminorStrategic or Co-development PartnerPartner in energy sector projects, appears in partner logos section.

Scale indicators6 records

Expansion highlights6 records

Direct peers

• Sirti S.p.A. Italian-headquartered EPC and network-infrastructure services company with overlapping activity in design, construction, and maintenance of energy and telecom infrastructure. Highly comparable to CARGO in customer type (Italian utilities), service mix, and project-based delivery model.
• Tozzi Group: Italian industrial group active in renewables EPC (Tozzi Green) and energy infrastructure, listed as a CARGO partner. Highly comparable as a domestic EPC counterpart competing for the same renewable and grid-connection project pipeline.
• Bonatti S.p.A. Italian EPC contractor delivering energy-infrastructure projects (pipelines, power, renewables) across multiple geographies. Comparable to CARGO as a mid-sized Italian EPC executing turnkey energy projects for utility and developer clients.

Broad incumbents

• Webuild S.p.A. Major Italian infrastructure and EPC group executing large civil and energy projects globally. Comparable as a domestic incumbent operating in adjacent energy and grid-related construction, though with a far broader and larger portfolio.
• Siemens Energy AG: Global OEM and EPC player in power generation, transmission, and grid technology. Comparable as a broad incumbent whose grid, substation, and renewable-integration offerings overlap with portions of CARGO's EPC scope, but at vastly larger scale.
• Saipem S.p.A. Large Italian-headquartered EPC contractor operating across oil & gas, renewables, and infrastructure. Comparable as a broader incumbent with overlapping EPC capabilities, but at significantly larger scale and with international footprint that CARGO lacks.
• ABB Ltd: Global electrification and automation supplier covering substations, grid solutions, and power infrastructure. Comparable to CARGO as an adjacent participant in the same electrical-infrastructure value chain, though primarily an equipment OEM rather than an EPC contractor.
• Enel Green Power S.p.A. Italian-headquartered renewable-energy developer and IPP, part of the Enel Group. Comparable as a counterpart in the Italian renewable-buildout value chain — Enel Green Power both develops projects and contracts EPC work that CARGO-style firms execute.
• Maire Tecnimont S.p.A. Italian engineering and EPC group focused on energy and infrastructure. Comparable as a domestic incumbent with EPC capabilities in power and renewables, though operating at a larger scale and with a more international project mix.

Others

• Prysmian Group: Italian-headquartered global leader in cable systems for energy and telecom. Not a direct EPC competitor but a critical supplier into the same power-line and grid-installation value chain, making it a strong ecosystem comparable.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cargosrl

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 CARGO