TerniEnergia S p A : The closing date for the sale of the third tranche of PV plants to Mareccio Energia has been scheduled for 23 December 2019

Press Release

Terni - 13 December 2019

TERNIENERGIA: The closing date for the sale of the third tranche of PV plants to Mareccio Energia has been scheduled for 23 December 2019

TerniEnergia, a smart company listed on the Italian Stock Exchange's electronic share market (MTA) and part of the Italeaf Group, following the press releases issued on 16 May, on 6 June 2019 and on 4 december 2019, to which reference is made, announces that it has agreed with the counterparty, represented by Mareccio Energia, an asset aggregation platform in Italy of a primary investment fund, in partnership with the sponsor LCF Alliance, through the vehicle company Italia T1 Roncolo, to schedule for next 23 December 2019 the deadline for the closing-date of the third tranche of PV plants of the total perimeter covered by preliminary contracts, represented by 22 PV plants with an installed capacity of 19.3 MW.

The postponement was agreed to allow for the completion of a series of bureaucratic formalities relating to the ongoing due diligence on the plants subject to the transaction.

This press release is also available on the Company's website: www.ternienergia.com.

TERNIENERGIA (TER. MI), established in September 2005 and part of the Italeaf Group, is the first Italian global technological enabler, committed to bringing energy solutions and efficient recovery of integrated and sustainable resources to the world. Organized into two strategic business lines (Assets and Smart solutions and services), with about 200 employees and a geographical presence worldwide, with operative and commercial offices, TerniEnergia develops innovative solutions, products and services based on digital and industrial technologies for the energy supply chain, grids, smart mobility, industrial automation and the recovery of marginal resources.

TerniEnergia, also through its subsidiaries (Softeco Sismat, Greenled Industry, GreenAsm, GreenAsm, Purify, Wisave, Ant Energy), pursues the objectives of increasing energy production from renewable sources, saving energy and reducing emissions and actively participates in the energy revolution of distributed power generation and smart grids, with innovative digital solutions.

TerniEnergia is the ideal partner for large utilities, distribution operators and network operators, energy producers, public administrations, industrial customers and investors who intend to realize large projects for the production of renewable energy, modern systems and plants with high energy efficiency, solutions for the management and maintenance of infrastructure and electrical installations.

TerniEnergia has completed its transformation from a leader in the international photovoltaic market into a smart energy company and technological enabler for the sustainable use of resources through a complete commercial offer of solutions, the development and supply of digital technologies and the creation of "intelligent" services and solutions aimed at public and private customers in emerging sectors. TerniEnergia is listed on the MTA of Borsa Italiana.

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