Press Release

May 04, 2022

AECOM joins Italvolt project developing Italy’s largest Gigafactory

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TURIN (May 4, 2022) — AECOM, the world’s trusted infrastructure consulting firm has signed a partnership with Italvolt Spa, a company founded by Lars Carlstrom, to develop Italy’s largest Gigafactory. Under the terms of the agreement, AECOM will deliver a range of professional services aimed at optimizing operations across the project lifecycle. When fully operational, the Gigafactory will be one of Europe’s largest, with a battery production capacity of 45 GWh and total investment of approximately €3.4 billion.

Lars Carlstrom, Italvolt CEO and founder, said, “We are delighted to be working with one of the world’s leading infrastructure consulting firms. AECOM is the latest industry leading, technical service provider to join our project, underscoring its huge potential for the global battery industry.

“AECOM’s extensive experience supporting large industrial projects globally will enhance the extensive skills of our team and ensure that we deliver a state of the art facility. Our partnership reflects our shared commitment to sustainability and creating a truly circular economy for battery production and recycling in Europe.

“Significantly, our project will also place major emphasis on delivering tangible regeneration in the Piemonte region. We expect to directly employ up to 3,000 people, providing opportunities for experienced and new workers to reskill, upskill and train in a modern and fast growing industry.”

Marc Barone, Chief Growth Officer, AECOM, said, “We’re excited to be working with Italvolt to progress its ambitious gigafactory, which is set to play an important role in scaling up electric vehicle battery production in Europe. Our team brings global expertise in the delivery of world-class industrial facilities and will be led by our local team in the region. Italvolt’s ESG ambitions align with our own objectives and we look forward to working with them to embed strong ESG principles across their procurement processes and help leave a lasting legacy for the community in Piemonte.”

The agreement follows a number of similar partnerships with other industry leading companies, including  ABB (electrification and automation), Equans (clean & dry rooms and process utilities), TÜV SÜD (control and certification of production processes and ESG strategy) and American Manganese (recycling of lithium ion batteries), and demonstrates the commerciality viability of Italvolt’s plan to develop an industry leading facility.

 

About AECOM 

AECOM is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy, and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical expertise and innovation, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $13.3 billion in fiscal year 2021. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.

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