Italeaf

News from Italeaf

17May 2018
  • The Group’s digital company at the head of a cluster of companies that has obtained financing from the Liguria Region of Euro 0.9 million
  • Experimentation of innovative solutions, applications and services in the Genoa metropolitan area is expected

 

TerniEnergia, smart company listed on MTA of Borsa Italiana and part of the Italeaf Group, announces that Softeco Sismat, the digital company of the Group, will lead the project “GoSmart – Genoa Smart Mobility 2.0”, for sustainable and intelligent mobility, funded under the call for proposals POR FESR 2014-2020 Axis 1 “Research and Innovation” – Action 1.2.4 – Scope “Safety and Quality of Life” – as per the ranking published by FILSE (www.filse.it), the Ligurian Financial Company for Economic Development, a technical entity that supports and assists the Liguria Regional Authority and other Ligurian local authorities in the planning, definition and implementation of policies and measures to support the Ligurian economic system.

The project, which will last two years, will receive a total funding of over 0.9 million Euros, involves a cluster of companies as T Bridge S.p.A., TeMA S.r.l., Artys S.r.l. and Aitek S.p.A. and continues the long positive series of projects in the field of sustainable and intelligent mobility (https://www.ternienergia.com/en/innovation/smart-mobility/) thanks to which the TerniEnergia Group, through the R&D of Softeco Sismat, presents itself as an international solution provider (http://www.softeco.it/linee-business/trasporti-e-infrastrutture).

The GoSmart project involves the study, design and validation in the Genoa metropolitan area of the prototype of a multi-service ICT platform, cloud-based, modular and scalable, aimed at the governance of processes and the security of urban mobility and effective management of cooperative mobility services, characterized by the increasing interconnection and exchange of information between systems, vehicles, devices and intelligent objects (IOTs), data sources and people. The general theme of the research activities is the development of technologies and methodologies for the deployment and management of architectures, applications and services in support of traffic and multi-/co-modal mobility (Multimodal Traffic & Travel Information Services).

The applications provided are related to technologies for the multi-channel dissemination of information through systems and devices that can be used by the user during the journey (e.g. on-trip services on smartphones, personal navigation devices – PNDs and location-based interaction with the surrounding environment – Wireless Sensor Networks).

The general theme of the research activities is the development of technologies and methodologies for the deployment and management of architectures, applications and services in support of traffic and multi-/co-modal mobility (Multimodal Traffic & Travel Information Services).

 

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 400 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, Selesoft Consulting, 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.

Press-release_TESofmob-17-05-2018

15May 2018
  • Signed the contract for the supply of the management and control system for flexible transport managed by SVT Società Vicentina Trasporti
  • The agreement for a total value of approximately Euro 280 thousand provides for the implementation of an innovative integrated platform for planning rides at the request of users.

 

TerniEnergia, smart company listed on MTA of Borsa Italiana and part of the Italeaf Group, announces that Softeco Sismat, the digital company of the Group, has signed a contract for the supply of the flexible transport management and control system to SVT Società Vicentina Trasporti.

The award of the contract for an amount of approximately Euro 280 thousand confirms the undisputed leadership of Softeco Sismat in the market segment of smart mobility.

The company part of the TerniEnergia Group will provide its customer with an innovative service, characterized by the fully automated management of ride planning based on user requests, without the need for intervention by the operators of the control centre.

The platform, developed by the Group’s smart mobility line of business team, makes available a new system for the automatic processing of requests that can be submitted by customers via APP for smartphones, web portal, SMS and via “light” interactive kiosks located at the main stops. As with traditional DRT services, a call centre will also be available for telephone bookings.

The service will be activated in five different areas of the town of Vicenza and will provide the basis for any subsequent expansion and implementation of new features.

 

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 400 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, Selesoft Consulting, 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.

  • Signed the contract for the supply of the management and control system for flexible transport managed by SVT Società Vicentina Trasporti
  • The agreement for a total value of approximately Euro 280 thousand provides for the implementation of an innovative integrated platform for planning rides at the request of users.

 

TerniEnergia, smart company listed on MTA of Borsa Italiana and part of the Italeaf Group, announces that Softeco Sismat, the digital company of the Group, has signed a contract for the supply of the flexible transport management and control system to SVT Società Vicentina Trasporti.

The award of the contract for an amount of approximately Euro 280 thousand confirms the undisputed leadership of Softeco Sismat in the market segment of smart mobility.

The company part of the TerniEnergia Group will provide its customer with an innovative service, characterized by the fully automated management of ride planning based on user requests, without the need for intervention by the operators of the control centre.

The platform, developed by the Group’s smart mobility line of business team, makes available a new system for the automatic processing of requests that can be submitted by customers via APP for smartphones, web portal, SMS and via “light” interactive kiosks located at the main stops. As with traditional DRT services, a call centre will also be available for telephone bookings.

The service will be activated in five different areas of the town of Vicenza and will provide the basis for any subsequent expansion and implementation of new features.

 

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 400 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, Selesoft Consulting, 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.

Press-release_TEmob-15-05-2018

27Apr 2018

Examined the strategic guidelines of the Group’s business and recovery plan. Extraordinary transactions are planned to reduce and accelerate the repayment of the current bank exposure, business continuity and optimisation and rationalisation of Italeaf’s operating and structural costs.

  • Net asset value (NAV) of Euro 24.1 million (Euro 1.41 per share) as at 31 December 2017
  • Core shareholdings contributed to the Gross Asset Value during 2017 for Euro 21 million, of which Euro 12 million related to TerniEnergia (listed on the STAR segment of the Italian Stock Exchange).

Financial information

  • Consolidated net loss of Euro 40.8 million (a loss of Euro 0.9 million for Italeaf, the Group’s Parent Company).
  • Consolidated revenues of Euro 64.3 million (Euro 3.7 million for Italeaf, the Group’s Parent Company).
  • Consolidated NFP of Euro 107.2 million (Euro 16.9 million for the Parent Company Italeaf); Consolidated shareholders’ equity of Euro 25.9 million (Euro 27.9 million for the Parent Company Italeaf).
  • Resignation of the Chairman of the Board of Statutory Auditors Paolo Sebastiani, new Auditor Caterina Brescia. Andrea Bellucci appointed Chairman of the Board of Statutory Auditors

 

 

The Board of Directors of Italeaf has approved today its financial report for 2017. It shows that following significant events has occurred during the year, and in particular in the second half.

 

Consolidated financial results (under IFRS international accounting standards)

The Net asset value (NAV) is equal to Euro 24.1 million (Euro 1.41 per share) as at 31 December 2017. The core equity investments contributed to the Gross Asset Value during 2017 for Euro 21 million, of which Euro 12 million related to TerniEnergia (listed on the STAR segment of the Italian Stock Exchange).

Revenues amounted to Euro 64.3 million (Euro 84.3 million as of 31/12/2016; -23.7%), with a decrease mainly due to the decrease in EPC activities of TerniEnergia, which was interrupted starting from the second half of the year.

EBITDA amounted to Euro 1.4 million (Euro 17.1 million as at 31/12/2016, -92%).

EBIT is negative for Euro 35.7 million (Euro 2.1 million as of 31/12/2016).

Net result amounted to Euro -40.8 million (Euro -4.5 million as at 31/12/2016), while the Result before taxes (EBT) amounted to Euro -43.6 million (Euro -3.7 million as at 31/12/2016).

The Net financial position amounted to Euro 107.2 million (Euro 111.1 million at 31/12/2016).

Net equity amounted to Euro 25.9 million (Euro 61.5 million at 31/12/2016).

 

Separated financial results of the parent company Italeaf S.p.A. (According to the ITA GAAP method)

Revenues amounted to Euro 3.7 million (Euro 6.9 million as at 31/12/2016).

EBITDA amounted to Euro 0.7 million, in decrease compared to December 31, 2016 (Euro 3.7 million).

EBIT amounted to Euro -0,1 million (Euro 3.1 million as at 31/12/2016).

Net result amounted to Euro -0.9 million (Euro -2 million as at 31/12/2016).

The Net financial position was Euro 16.9 million (Euro 17 million as at 31/12/2016).

Shareholders’ equity amounted to Euro 27.9 million (Euro 27 million as at 31/12/2016).

 

Dividend policy

The Board of Directors proposed to carry forward the loss for the year 2017.

Group business and recovery plan

The Board of Directors also examined the strategic guidelines of the Group’s Industrial and Recovery Plan, designed to face the situation of financial tension arising from the crisis of TerniEnergia. The Plan is based on the assumption that only in the medium term Italeaf will be able to refer to the flows deriving from TerniEnergia itself, after it has been reorganised; in this context, Italeaf’s Business an Recovery Guidelines envisage:

  1. Extraordinary transactions aimed at reducing and accelerating the repayment of the current bank exposure. The extraordinary transactions currently being evaluated by the management are:
  • potential disposal of the industrial site and buildings located in Nera Montoro (TR) and related management activities. To date, the negotiation activities have led to a first expression of interest and to the signing of the related NDA;
  • potential intervention of third party investors, in co-participation, in the investee companies Numanova and Skyrobotic with the aim of guaranteeing a sufficient capital contribution for the definitive take-off of the two companies, currently in the initial “expansion” phase. It is expected that the possible intervention of third party capital can also be implemented through the sale of controlling stakes in Numanova and Skyrobotic.
  1. Business continuity: Italeaf may continue to provide services (administrative, management, full service, etc.) to the Group and/or any third parties that may take over the asset disposal process initiated by the subsidiary TerniEnergia.
  2. Streamlining: Management has begun a process of optimising and rationalising of the operating and structural costs of Italeaf S.p.A.. Any acceleration and/or reduction targets will be closely linked to the progress of negotiations with third parties involved in the disposal plan of TerniEnergia and of the Nera Montoro industrial site.

 

Finally, the Board of Directors took note of the resignation of the Chairman of Italeaf’s Board of Statutory Auditors, Paolo Sebastiani, and of the Alternate Auditor, Marco Rosatelli, both for personal reasons. The Chairman Stefano Neri, on behalf of the entire Board, expressed his thanks to Mr. Sebastiani for his commitment and work and for the valuable contribution he has made to Italeaf.

Having taken note of the resignation of Mr. Sebastiani and Mr. Rosatelli, in accordance with the law and the bylaws, Caterina Brescia took up the office of standing Auditor. The Board of Statutory Auditors has appointed Prof. Andrea Bellucci as its new Chairman.

The 2017 Financial Statements are now available for downloading from the company’s website: www.italeaf.com 

Press-release_FY2017-27-04-2018

30Mar 2018

Italeaf, holding company and first Italian company builder, active in the cleantech and smart innovation sectors, listed on the Nasdaq First North in Stockholm, announces that the Company has obtained authorisation from Nasdaq to approve the 2017 consolidated financial statements and the separate financial statements of the Parent Company beyond the three months from the end of the year as required by market regulations.

As a result of this exemption, the Board of Directors for the approval of the yearly financial statements, previously scheduled for today’s date, will be held on 27 April 2018. At the end of the meeting of the Board of Directors, on the same date, the financial statements of Italeaf as at December 31, 2017 will be published.

The Company underlines that the postponement was determined by the decision taken by TerniEnergia, the main company of the Italeaf Group, to use the faculty, provided for by Italian regulations, to approve the draft of the separate financial statements as at 31 December 2017 and the consolidated financial statements on next 27 April 2018, within four months of the end of the period.

This decision was taken by TerniEnergia on the basis of the opportunity to complete, before the approval of the financial statements, the new recovery and relaunch plan, aimed at pursuing, in the medium term, the transformation of the Company into a smart company and overcoming the current financial stress of the Group, based on strategic guidelines identified by the Board of Directors, as announced on 27 March 2018.

Having taken note of these circumstances, Italeaf has decided to postpone the approval of the financial statements, as highlighted above, in order to be able to incorporate the results and the prospective elements of the TerniEnergia industrial plan.

Press-release_BoD-30-03-2018

27Mar 2018
  • Update on disposals, rationalisation and continuity with a focus on development in sectors with higher technological rates and added value
  • Update on the transition plan communicated on 24/10/2017
  • 2018 Corporate events calendar

 

The Board of Directors of TerniEnergia, a company listed on the Star segment of the Italian Stock Exchange and part of the Italeaf Group, (the “Company”), which met today, resolved to postpone the approval of the draft financial statements for the year ended as at December 31, 2017 and the consolidated financial statements.

This postponement is necessary due to the opportunity to complete, before the approval of the financial statements, the new Recovery and relaunch plan (the “Plan”), aimed at pursuing, in the medium term, the transformation of the Company into a smart company and overcoming the current situation of financial tension of the Group, on the basis of strategic guidelines identified by the Board of Directors, consisting mainly of:

  • the sale of industrial assets held in both in the photovoltaic and cleantech sectors;
  • in the rationalization and simplification of the TerniEnergia group, which will lead to the merging of some entities, with a view to reducing costs for services and structure of TerniEnergia;
  • the enhancement of the Group’s technological strengths through the development and strengthening of high-tech business lines, mainly based on the activities currently carried out by Softeco.

For the drafting of the above mentioned Plan, TerniEnergia is assisted by KPMG Advisory SpA as financial advisor.

 

With reference to the information provided on 24 October 2017, on the management of the transition phase towards the definition of the Plan, the Company specifies that:

  • with regard to the objective of generating savings in fixed and overhead costs identified equal to Euro 2 million, this target is already at an advanced stage of achievement, through appropriate corporate reorganisation measures in progress;
  • the prompt management of the employment surplus through recourse to the Extraordinary Redundancy Fund (CIGS) for 45 employees, instead of the collective dismissal of 66 employees which would have entailed immediate and significant costs, has allowed a more financially and socially sustainable management of this situation;
  • with reference to the objective of selling non-strategic photovoltaic plants for approximately 30 MW owned by SPV or JV, as per press release dated 18 December 2017, on 16 March 2018 was signed the agreement for the sale of 10 photovoltaic plants for a total of 11 MW, subject to certain conditions as better described in the press release dated 16 March 2018, to which reference should be made for further details. The counterparty to the transaction is Sonnedix San Giorgio S.r.l, a company wholly owned by institutional investors advised by J.P. Morgan Asset Management.
  • in relation to the potential disposal of Newcoenergy Srl, owner of the authorisations and properties of the biodigester of Calimera (LE) under construction, planned to avoid capital-intensive investments, the Company received some expressions of interest for which the relevant NDAs were signed for the start of negotiations prior to the sale;
  • with reference to the objective of alienating Greenled Industry SpA, an NDA was signed with a commercial operator in the lighting sector which, at the moment, envisages the acquisition of a minority shareholding in the company by the same. The related due diligence is underway. TerniEnergia reserves the right to evaluate, in light of the strategic objective of pursuing new technological activities related to energy efficiency, whether to maintain a shareholding or a commercial relationship with Greenled Industry, given the excellence of some of its products;
  • with regard to the objective of transferring the EPC and O&M business unit to an industrial player already operating in the sector, in order to transform fixed costs into variable costs, while safeguarding employment levels, the Company inform that an NDA has been signed with an important foreign industrial operator and the due diligence phase is underway for the acquisition by the latter of a majority share of the business unit.

 

Updating of the Corporate events calendar

In light of the above, also pursuant to article 2.6.2 of the Borsa Italiana S.p.A. Regulations, the Company announces that, differently from the last communication dated 15 January 2018, the Consolidated Financial Statements and the Draft Financial Statements for the year ended at 31 December 2017 will be examined and approved by a meeting of the Board of Directors on 27 April 2018.

The precise dates of the Shareholders’ Meetings for the approval of the draft separate and consolidated financial statements of the Company as at 31 December 2017, as well as any changes to the information provided herein, will be promptly communicated to the regulatory authorities and the public in accordance with the applicable laws and regulations.

 

 

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 400 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, Selesoft Consulting, 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.

Press-release_TEBOD_27-03-2018

17Mar 2018
  • Made the deal with a leading international investment operator for the sale of the assets, that will be transferred into a Newco
  • Transaction price of approximately Euro 6.2 million, Enterprise Value of the assets of approximately Euro 35 million
  • The tax credits relating to the plants involved in the transaction will remain within the TerniEnergia Group for an amount of approximately Euro 3.7 million
  • The transaction envisages the acquisition by the buyer of financial debts related to the plants for approximately Euro 27.8 million
  • The closing date is expected to be no later than 31 October 2018

 

TerniEnergia, a company listed on the Star segment of the Italian Stock Exchange and part of the Italeaf Group, and a leading international investment operator (the “Purchasers”) following the press release published on March 1, 2018, have signed today an agreement for the sale by TerniEnergia, through its subsidiaries Energia Alternativa S.r.l. and Solter S.r.l., of n. 10 photovoltaic plants in Italy with a total installed capacity of around 11 MW.

With reference to the binding purchase offer received from TerniEnergia and communicated on 18 December 2017, the Company points out that today’s transaction concerns the purchase and sale of assets that have meanwhile become wholly owned by Group, and not the acquisition of shares in SPV (special purpose vehicles owning plants), as well as a reduced perimeter of the plants being sold, on the basis of discretionary assessments by the Purchasers and negotiations between the parties. This results in a difference in absolute value between the total expected consideration and the amount related to today’s transaction, but a substantial alignment of the average amounts per MW, also due to the tax credits which remain in the hands of the TerniEnergia Group, following the different method of sale.

The agreement provides that the closing of the asset sale transaction will take place by and no later than 31 October 2018, subject to the incorporation of a Newco, into which the perimeter of the portfolio of plants subject to the transaction will be contributed. The shareholding in the newly incorporated special purpose vehicle will then be transferred to the Purchasers as soon as the acquisition contract is signed (closing).

The total consideration for the Purchasers’ acquisition of 100% of the share capital of the newly formed company is, in fact, equal to approximately Euro 6.2 million (Equity Value). The transaction envisages the acquisition by the buyer of financial debts related to the plants for approximately Euro 27.8 million. The TerniEnergia Group will also retain the tax credits relating to the plants involved in the transaction, for an amount of approximately Euro 3.7 million. The sale price was determined on the basis of the algebraic sum of future cash flows and net working capital of the plants involved in the transaction as at 31 December 2016. A price adjustment mechanism is envisaged based on the evolution of the Net Working Capital between 31 December 2016 and the closing date. The Enterprise Value of the assets sold amounts to approximately Euro 34 million.

The closing of the transaction is subject, among other conditions, to the obtainment (if necessary) of the consent of credit institutions, in the form of waivers, to the sale of photovoltaic assets and other technical and financial conditions typical of this type of transaction.

TerniEnergia and the Purchasers were assisted by Orrick as legal advisor. For the assessment of the fairness of the agreed price, TerniEnergia received a fairness opinion from a leading specialized advisor.

 

 

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 400 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, Selesoft Consulting, 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.

Press-release_TEFV_16-03-2018

12Mar 2018

TerniEnergia, a company listed on the Star segment of the Italian Stock Exchange and part of the Italeaf Group, announces that it has today returned into its possession of 100% of the share capital of the Joint Ventures Energia Alternativa and Solter and of the 50% of the JV Sol Tarenti, owners of photovoltaic plants in Italy for a total of approximately 21 MW.

In particular, following the fulfilment of the termination conditions relative to the lack of consent to the sale by the leasing companies, TerniEnergia re-entered into possession, at the same value of the disposal, of the following stakes:

–           50% of the shareholdings in Energia Alternativa Srl (value of approximately Euro 6.1 million) and Solter Srl (approximately Euro 1.3 million), owners respectively of 12 photovoltaic plants with a total installed power of approximately 13.9 MW and 4 photovoltaic plants with a total installed power of approximately 3.8 MW, from L&T City Real Estate Ltd;

–           45% of the shareholdings in Sol Tarenti Srl (approximately Euro 1.5 million), owner of 4 photovoltaic plants with a total installed power of approximately 3.3 MW, from Ranalli Immobiliare Srl.

It should be noted that the return of the above shares in the Group’s full availability represents a favourable condition for the potential sale of the assets owned by the above mentioned companies.

 

 

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 400 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, Selesoft Consulting, 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.

Press-release_TEFV_12-03-2018

20Feb 2018
  • Stefano Neri takes office as Deputy Chairman
  • Among the main national experts in the aeronautical sector, Mr. Grasso will lead the company in the new configuration of aeronautical and institutional security sector player

Skyrobotic, a company leader in the production of drones under 25 kilograms entirely Made in Italy, part of the Italeaf Group, announces that the Board of Directors today appointed Giancarlo Grasso as the new Chairman of the Company.

Mr. Grasso takes the place of Stefano Neri, Chairman of the Italeaf Group and reference shareholder of the company, who has taken on the position of Vice Chairman.

Thanksgiving Giancarlo Grasso for agreeing to take on this important new responsibility, Stefano Neri stated:

Born as a startup just 4 years ago, after leaving the early stage phase, Skyrobotic now becomes a fully fledged aeronautical company destined to lead a new season of expansion and growth in the promising sector of top-of-the-range drones for institutional security and the most advanced professional uses. We believe it is necessary to carry out this new phase with a professionalism, such as that of Giancarlo Grasso, who represents a guarantee in terms of technical skills, managerial skills and knowledge of the reference sector. We reaffirm the Group’s desire to open a season of industrial alliances and partnerships capable of responding to the institutional and private demand for drones with the highest standards of safety, performance and reliability”.

 

—————— BIOGRAPHICAL NOTES OF GIANCARCARLO GRASSO —————–

Giancarlo Grasso is one of the leading Italian experts in aeronautics and aerospace.

Born in Taranto, he graduated in electronic engineering in 1963. During his career he has held various positions in the Finmeccanica group of companies (now Leonardo), particularly in the defence electronics sector. Giancarlo Grasso, Chief Technology Officer (CTO) of Finmeccanica in the years since the group was re-launched, played a key role in coordinating the new investments in research and development decided by Finmeccanica to avoid the duplication of the past. In 1997 he became head of the avionics division of the then Alenia. Chairman of the Board of Directors of Alenia Marconi System (1999-2001), Otomelara (2001-2005) and Galileo Avionica (2001-2007), he moved to Finmeccanica in 2002, taking on the role of Central Technical Director and assuming, in 2007, the position of Senior Advisor to the Chairman and CEO, Pier Francesco Guarguagliani. From 2005 to 2007 he was CEO of Selex Sensors and Airborne Systems, while from 2009 to 2011 he was CEO of Selex Communications. From 2014 to 2016 he was Chairman of Alenia Aermacchi.

 

————————————–WHO’S WHO—————————————

Skyrobotic S.p.A. is the Italian leading company in the field of UAV (drones) production. Established in December 2013, it is part of Italeaf group, working on the development, manufacturing and marketing og civil and commercial drones, mini and micro classes for the professional market. With a constant focus on innovation, the company aims to achieve leadership in the professional sector of unmanned aircraft, taking care of the whole industrial chain: from design to the system integration, till the production of reliable and effective platforms.

CS_Skyrobotic_GRASSO-ENG_20-02-2018

20Feb 2018
  • Certification allows Skyrobotic to get out of the early-stage phase and open up to industrial partnerships and alliances.
  • New opportunity for the company to enter in the institutional security market
  • ENAC (Italian National Civil Aviation Authority) has awarded the Italian manufacturer the project certification according to art. 10.6 of the SAPR Regulation.
  • Acknowledged the safety and reliability standards of aircraft systems entirely “Made in Italy”, already certified EN9100 and ENAC 10.5
  • From now the operators in the professional, commercial and security sectors will be able to use drones on urban areas for specialised operations
  • Decisive investments in research and development carried out at the Nera Montoro (TR) plant

 

Skyrobotic, a company leader in the production of drones under 25 kilograms entirely Made in Italy, part of the Italeaf Group, announces that the company has obtained “project certification pursuant to art. 10.6 of the SAPR regulation” from the Italian National Civil Aviation Authority (ENAC) for the SR-SF6c system. The certification requires a primary control and control system whose software complies with the aeronautical standards specified in the EUROCAE ED-12 specification at least at design reliability level D.

“With the certification 10.6 – explains Stefano Neri, Chairman of Skyrobotic and Italeaf Group – the company leaves the early stage phase, after having passed the start-up phase, and becomes a national reference point for the opening of partnerships and industrial alliances aimed at creating an Italian chain of the high end drones sector. Skyrobotic, in fact, has decided to operate in a nascent market that is highly professionalized and requires the highest standards and requirements of reliability and safety. With this recognition we qualify our company as the reference production operator for the “safety” (environmental and worker safety, industrial inspections, inspections and surveys of industrial and energy production plants) and “security” sectors (citizens’ safety, urban and extra-urban security for specialized companies and law enforcement or prevention forces).

Skyrobotic drones had already received from the Civil Aviation Authority project certification for series production pursuant to art. 10.5 of the SAPR regulation, which allowed operators to use drones, subject to authorisation by the competent Authority, in urban scenarios with safety restrictions.

“This type of certification will allow the APRs (drons) Skyrobotic to fly over urban areas in VLOS (Visual line of sight) conditions – says the Vice President, Giancarlo Grasso -. This is the maximum safety recognition provided by national regulations for professional drones, which will allow operators who choose our systems to be able to fly over urban areas or congested areas in complete safety and in full compliance with industry regulations. Thanks to the investments in research and development carried out at the Nera Montoro (TR) plant, we make a real leap in quality, opening up to Italian operators, both public and private, the possibility of using drones weighing less than 25 kg produced in series also for operations involving overflying of inhabited centres, communication and logistic infrastructures, industrial settlements, areas used for events and exhibitions. Therefore, new scenarios are opened up for aerial work with remote pilotage systems, reducing bureaucracy for operators, increasing safety conditions and guarantees for those in the area interested by overflight operations, implementing new turnkey solutions”.

With the achievement of certification, Skyrobotic crowns a successful path in the pursuit of the most important sector qualifications: from the certification of aeronautical standard EN-9100 for the Nera Montoro (TR) plant, to the possibility of issuing project conformity certificates according to the art. 10.5 of the Civil Aviation Authority regulation, up to this last recognition, which marks a turning point for the entire Italian professional drones sector.

With its own bouquet of qualifications, Skyrobotic takes the lead in the national producers’ sector, anticipates regulatory developments at European level and represents the ideal answer for leading operators in the professional, commercial, physical security and cybersecurity sectors at international level.

Finally, the certification pursuant to art. 10.6 of the SAPR regulation is an indispensable condition for participation in tenders and tenders promoted by the main public apparatus for order and safety.

 

————————————–THE APR CERTIFIED————————————–

The SR-SF6c drone is a multi-role system that offers state-of-the-art performance for multiple applications. It is a multirotor entirely “Made in Italy” (hexacoptera – six propellers and engines) with a take-off mass (including payload) of about 5.5 kg. The apparatus is able to ensure a considerable duration of flight (approximately 40′ flight time) and is capable of operating in a temperature range between -15° and +50°C. Skyrobotic has developed proprietary technologies and maintains the complete engineering design domain in aeronautical, avionics, hardware and software parts.

 

————————————–WHO’S WHO—————————————

Skyrobotic S.p.A. is the Italian leading company in the field of UAV (drones) production. Established in December 2013, it is part of Italeaf group, working on the development, manufacturing and marketing og civil and commercial drones, mini and micro classes for the professional market. With a constant focus on innovation, the company aims to achieve leadership in the professional sector of unmanned aircraft, taking care of the whole industrial chain: from design to the system integration, till the production of reliable and effective platforms.

Press-release_SKY-ENAC-20-02-2018

30Jan 2018
  • The agreement for a total value of approximately Euro 2 million will involve the Group’s digital company in a two-year project to reorganise the Villa San Giovanni port terminal and build a new plant in Villa Agip.
  • I twill be provided for the implementation of ticket sales and automatic toll payment systems and the integration of vehicle access control systems.
  • Recognized the efficiency of the Adverto remote control platform, proprietary multi-role technology, as well as the Group’s experience in the Smart Solutions and Services sector

 

TerniEnergia, a company listed on the Star segment of the Italian Stock Exchange and part of the Italeaf Group, announces that the Group’s digital company Softeco Sismat has today signed a contract with Caronte & Tourist, leader in maritime connections to and from Sicily to Central Italy, for the development of a project to reorganise the Villa San Giovanni port terminal and the construction of a ticketing system at Villa Agip and connected automation.

The contract provides solutions for ticketing, payment of tolls (smart payment) and access control for vehicle routing for a total amount of approximately Euro 2 million.

The CEO of Softeco Sismat and Executive Director of TerniEnergia, Laura Bizzarri, said:

“The award of the contract with a client qualified as Caronte & Tourist, with one of the most efficient fleets in Europe, testifies to the acknowledged competence of the TerniEnergia Group as “technological enabler” in the Smart Solutions and Services sector for the smart mobility sector, as stated in the strategic guidelines presented to the market on 29 September 2017”.

The solutions developed by Softeco Sismat and based on the Adverto remote control system, the Group’s proprietary technology, which has already been consolidated and operational for over 10 years in heterogeneous application contexts, envisage the activation of ticket sales systems for travel tickets, automatic payment of tolls and integrate complex access and transit management systems and automatic control of technological systems on field. All the systems in place will be integrated into a single remote control platform that will allow automatic interaction between them and monitoring of the entire system.

The aim of the project is to automate and speed up toll payment and embarkation processes, thereby optimising resources and operational management costs.

All the technological components proposed in the project by Softeco Sismat, which has been operating for over 30 years in the industrial automation sector, are positioned as leading technologies in the national and international field for this type of application.

 

TERNIENERGIA (TER.MI), established in September 2005, and part of Italeaf Group, is the first Italian smart energy company, committed to bring worldwide integrated and sustainable energy solutions. Organized into two straegic business units (Assets and Smart solutions and services), with about 400 employees and a geographic presence in almost the continents, with operational and sales offices,

TerniEnergia develops solutions, innovative products and services based on digital and industrial technologies for the energy sector. TerniEnergia, also through its subsidiaries (Softeco Sismat, Selesoft Consulting, Greenled Industry,GreenAsm, Wisave, Ant Energy), shall pursue the objectives of increasing energy production from renewable sources, energy efficiency and emissions reduction, as laid down by European environmental policy, and participates actively in the distributed power generation revolution and energy smart grids. TerniEnergia is the ideal partner for large utilities, distributors and grid operators, power producers, public authorities, industrial customers and investors who intends to carry out large projects for the production of renewable energy plants and modern systems with high energy efficiency, solutions for the management and maintenance of the infrastructure and the electrical systems. TerniEnergia, through a complete technological and commercial offer, develops and provides technologies, turn-key services and solutions for energy consumers in the public and private sectors. The company is listed on the STAR segment of the Italian Stock Exchange.

 Press-release_TE-CARONTE_30-01-2018