Po Valley forced to push back Selva startup

ITALY-focussed Po Valley Energy has blamed supply chain issues and massive demand spikes for forcing it to push back the start up date of its Selva project to the first half of 2023, with its share price diving 12%.

Po Valley forced to push back Selva startup Po Valley forced to push back Selva startup Po Valley forced to push back Selva startup Po Valley forced to push back Selva startup Po Valley forced to push back Selva startup

Blames COVID-related supply chain issues

In July the company raised A$10 million to secure approvals and ramp up development of its 100%-owned Selva Gas field, onshore northern Italy, however the company said since that time the massive