Impala and Exor join forces to develop TagEnergy, a fast-growing company in the renewable and energy storage sectors

Impala and Exor will partner through a new joint holding company, TagHolding, which will become TagEnergy’s largest single shareholder

 

Impala, the investment firm controlled by Jacques Veyrat and his family, and Exor N.V. (“Exor”), the diversified holding company controlled by the Agnelli family, announced today that they have joined forces to further develop TagEnergy, a fast-growing company operating in the renewables and energy storage sectors.

Exor Chairman Ajay Banga resigns Nitin Nohria to be proposed as new Chairman at AGM

The Chairman and Senior non-executive director of Exor, Ajay Banga, has submitted his resignation today following his nomination as the next President of the World Bank.

As previously announced, Nitin Nohria will be proposed as Exor's new Chairman at the next Annual General Meeting of the Company which will take place on Wednesday 31st May 2023.

Exor CEO John Elkann will act as interim Chairman until Mr. Banga's successor is nominated.

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