Energy & Utilities

The energy and utilities sector is undergoing an unprecedented transformation, driven by the ecological transition, digitalization and an ever-evolving regulatory and political environment with new market demands that make it essential for companies to remain agile, informed and ready to innovate.

Crowe Bompani supports energy companies, infrastructure managers and public entities in navigating this transformation, offering integrated audit, advisory and training services. Thanks to our in-depth knowledge of industry dynamics and the international experience of the Crowe network, we help our clients seize the opportunities of the energy transition and grow their businesses with expertise, quality and trust.

Audit & Assurance

• Financial statement auditing and reporting: according to national and international standards (OIC, IFRS), with a focus on energy infrastructure, generation plants and distribution companies.
• Statutory and voluntary auditing: targeted checks on specific financial statement items (Agreed Upon Procedures) and preparation of consolidated reporting packages for multi-company groups.
• Assistance to Boards of Statutory Auditors: fairness opinions on extraordinary transactions and mergers of companies in the energy and utilities sector.
• Internal control system audit: compliance with ARERA, GSE and European sector regulations.
• Audits of funded or incentivized projects: public or EU funds (PNRR, European Funds, renewable energy incentives).
• Non-financial reporting audit: sustainability reports and ESG plans related to energy and environmental sustainability.

Risk Management & Compliance

• Analysis and management of operational, environmental and financial risks: typical of energy infrastructure and local public services.
• Design and implementation of organizational models pursuant to Legislative Decree 231/01: internal control systems and management of operational and regulatory risks specific to the energy and utilities sector.
• Support for legislative and regulatory compliance: ARERA, GSE, MiTE, GDPR.
• Assessment of physical and IT security risks: for critical plants and networks.
• Definition of corporate governance policies: prevention of fraud and corruption.

Corporate Finance

• Economic and financial assessments: of energy companies and assets, including generation plants and network infrastructure.
• Financial, accounting and legal due diligence: for mergers, acquisitions or public-private partnerships.
• Support for the structuring of financing transactions: project financing and European and national incentive instruments.
• Economic and financial sustainability analysis: of energy and infrastructure projects.

Management Consulting

• Strategic consulting: for the definition of business plans, ESG strategies and sustainable business models.
• Optimization of procurement, distribution and network maintenance processes: to ensure efficiency and sustainability.
• Support for operational reorganization: corporate performance management.
• Assistance in defining tariff and governance models: for multi-utility companies and public services.

Digital Transformation, Cybersecurity & Compliance

• Support for the digitalization of energy management and monitoring processes: smart metering, IoT platforms, ERP systems.
• Implementation of solutions for data protection and critical infrastructure security: managing GDPR and data protection requirements.
• Development of digital transition strategies: automation of control and reporting processes.

Forensic & Internal Investigations

• Internal investigations into fraud, administrative irregularities, or anomalies: in procurement and contract management processes.
• Forensic accounting and document reconstruction: of economic and financial flows related to infrastructure projects.
• Technical and accounting support: in litigation and arbitration in the energy and utilities sector.

Outsourcing & Support Services

• Outsourced management of accounting, administrative and reporting functions: for energy and utility companies.
• Back-office and operational control services: for public entities and subsidiaries.
• Assistance in preparing financial statements, management reports and financial statements: for regulated entities.

Training & Academy

• Training courses for public entities and industry professionals: on compliance, sustainability, internal control and cybersecurity.
• Professional development: on ARERA, GSE, ESG regulations and technological innovation.
• Customized programs: for developing managerial skills in the energy and utilities sector.