TerniEnergia, a company listed on the MTA of the Italian Stock Exchange and part of the Italeaf Group, following what was announced on 17 September 2018 – in relation to the preliminary binding agreement for the acquisition by GIL Capital Ltd of a new company called “TerniEnergia Progetti”, which includes the perimeter of the EPC business unit (engineering, procurement, construction and commissioning) of photovoltaic plants of TerniEnergia – announces that it has agreed with the counterparty to set 30 November 2018 as the deadline for the closing-date of the transaction.

The extension was agreed exclusively to allow the newco “TerniEnergia Progetti” to complete the formalities for the obtainment of the certifications relating to the operational activities of the company. The agreement between TerniEnergia and GIL Capital also provides for the participation of TerniEnergia Progetti, in the transition period prior to the closing of the transaction and the transfer of ownership of the shares of TerniEnergia Progetti to GIL Capital, to the international tender for the design and installation of a photovoltaic plant with a total capacity of 10 MW in Tunisia.

 

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 300 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.

Press-release_TE-TEPRO-30-10-2018