Enertronica S.p.A. (BIT:ENT) agreed to acquire 51% stake in Energ.it S.p.A. from Onda Energia s.r.l. for €3.9 million in stock on July 31, 2015. Enertronica can also acquire the remaining 49% stake in Energ.it S.p.A. through the mechanism of a put and call option. In 2014, Energ.it had turnover of approximately €48 million. The transaction is subject to approval by the shareholders of Enertronica S.p.A. As of September 3, 2015, the transaction was approved by shareholders of Enertronica S.p.A. NCTM Studio Legale Associato acted as legal advisor to Enertronica S.p.A. EnVent S.p.A. acted as financial advisor and BDO Italia and Pernigotto & Associati acted as accountants to Enertronica S.p.A. and Onda Energia s.r.l.

Enertronica S.p.A. (BIT:ENT) cancelled the acquisition of 51% stake in Energ.it S.p.A. from Onda Energia s.r.l. on December 7, 2015.