Financial News

Financial News

28Feb 2020

TerniEnergia, a smart company listed on the Italian Stock Exchange’s electronic share market (MTA) and part of the Italeaf Group, TerniEnergia, smart company listed on the Italian Stock Exchange (MTA) of Borsa Italiana and part of Italeaf Group – following the press releases issued on October 30, 2019, December 3, 2019 and February 20, 2020 – informs that today the Deed of merger by incorporation of Softeco Sismat Srl into TerniEnergia Spa, signed on February 20, 2020, has been registered with the Commercial Registers of Terni and Genoa. According to the merger deed, the merger will become effective from the first day of the month following the date of the last entry of the deed in the competent Commercial Register, therefore on March 1, 2020 (the “Effective Date of the Merger”), but Softeco’s activities will be charged to TerniEnergia’s financial statements with effect from January 1, 2020. From the same day will also take effect the fiscal effects of the Merger.

It should also be noted that in line with the measures adopted by the Government and other authorities to contain the risk of coronavirus contagion, the event for the presentation of the merger between TerniEnergia and Softeco scheduled at the Museum of Science and Technology “Leonardo da Vinci” in Milan for the next March 3, 2020 at 11.00 a.m. has been cancelled. The Company will however organize a WEBINAR on Wednesday, March 4th at 6.00 p.m. on the platform http://www.investors-mag.it.

Participants: Stefano Neri (Chairman and CEO), Laura Bizzarri (Managing Director), Massimo Mannori (General Manager), Stefano Bianchi (R&I Manager).

For registration: https://attendee.gotowebinar.com/register/1993725048594916365  

 

28Feb 2020
  • Shareholders’ Meeting to approve the Annual Financial Report as at 31 December 2018
  • Board of Directors approval Half-Yearly Financial Report as at June 30, 2019

 

The Board of Directors of Italeaf, holding company and first Italian company builder, active in the cleantech and smart innovation sectors, listed on Nasdaq First North Growth Market, has decided to call the Shareholders’ Meeting for March 23, 2020 to approve the Financial statements of Italeaf S.p.A. for the year ended December 31, 2018 and to acknowledge the Consolidated Financial Report as at December 31, 2018.

As a result of this decision, Italeaf’s Board of Directors has decided to convene the meeting of the Board of Directors for the approval of the Half-Yearly Financial Report as at June 30, 2019 on March 25, 2020.

21Feb 2020

NAV of Euro 5.5 million. Ebitda of Euro -0.5 million. Net result equal to Euro -14.4 million

  • Revenues amount to Euro 1.7 million (Euro 25.5 million in the consolidated financial statements).
  • EBITDA of Euro -0.5 million (Euro 0.65 million in the consolidated financial statements)
  • EBIT is Euro -12.2 million (Euro -22.3 million in the consolidated financial statements).
  • EBT amounted to Euro -17.1 million (Euro -28.1 million in the consolidated financial statements).
  • Net profit of Euro -14.4 million (Euro -25.8 million in the consolidated financial statements)
  • Shareholders’ equity of Euro 13.3 million (Euro 1.6 million in the consolidated financial statements)
  • NFP of Euro 17.8 million (Euro 84.1 million in the consolidated financial statements)
  • NAV of approximately Euro 5.5 million; NAV per share Euro 0.32

 

The Board of Directors of Italeaf, holding company and first Italian company builder, active in the cleantech and smart innovation sectors, listed on Nasdaq First North, approved today the Annual Financial Report as at December 31, 2018

Financial highlights*

 

As at December 31, 2018

As at December 31, 2017

Change %

 in Euro

 Revenues from sales and services

1,778,430

3,709,545

(52.1)%

 EBITDA

(514,203)

724,510

(171)%

 EBIT

(12,211,072)

(152,390)

n.a.

 EBT

(17,140,878)

(1,091,899)

n.a.

 Net profit/(loss)

(14,449,706)

(936,122)

    n.a.

 

 

As at December 31, 2017

 

 Shareholders’ equity

13,354259

27,803,967

n.a.

 Total net financial debt

17,776,227

16,878,275

5.3%

* Annual Financial Report prepared in accordance with accounting principles ITALIAN GAAP

 

Italeaf’s NAV was Euro 5.5 million at 31 December 2018 (Euro 24.1 million at 31 December 2017); Nav per share Euro 0.32.

 

Italeaf’s Recovery and Relaunch Plan and Business Continuity

The Company’s net loss of Euro 14.5 million at December 31, 2018 was largely affected by write-downs and adjustments made to property, plant and equity investments, in order to align their book value to their realisable value, in accordance with the guidelines of the Recovery Plan that the company has prepared with the help of KPMG as industrial and financial advisor and Orrick law firm as legal advisor, and which was negotiated at length with its financial creditors and which, as indicated below, management believes may be finalised shortly. This Recovery Plan has been approved by the Board of Directors on March 28, 2019 and subsequently amended on October 30, 2019, as communicated with press releases to the market, in accordance with negotiations with the creditors.

At present, the discussions with the credit institutions for the approval of the above restructuring proposal are nearing completion. Italeaf’s management believes it is reasonable to expect that, after negotiations lasting more than 1 year, these discussions can be concluded in the short term, considering that:

(a) the parties have reached an agreement on all the substantive issues of the financial measures, also thanks to Italeaf’s willingness to accept the requests raised by the banking industry; and

(b) the management is not aware of any issues or circumstances that could prevent the restructuring agreement of the Restructuring Plan from being finalized in the near future.

Considering the expected formalisation of the Recovery Plan and the agreement with the banking sector in the near future and the ability of this plan to resolve Italeaf’s current financial difficulties, the Board of Directors, on the basis of all the information available to date, has therefore adopted the assumption that the Group will continue as a going concern in the preparation of these consolidated financial statements, confident that the financial tensions in which the Group finds itself can be overcome through the above actions taken and to be taken.

The Board of Directors will in any case closely monitor the continuation of the negotiations of the Recovery Plan in order to promptly take the necessary actions if, for reasons not reasonably foreseeable at present, the Recovery Plan proves to be no longer feasible.

 

The full version of the Interim Report as at 30 December 2018 will be published in English on the Company’s website www.italeaf.com and published in GlobeNewswire Intrado | Release Publishing.

06Feb 2020

TerniEnergia, a smart company listed on the Italian Stock Exchange’s electronic share market (MTA) and part of the Italeaf Group, announces that the digital company Softeco Sismat has signed an industrial and commercial partnership with Seaside, an Italgas Group company operating in the energy efficiency sector with an integrated offer of consulting, financing and proprietary technological solutions.

The agreement provides for a synergy between “Savemixer”, the proprietary software of Seaside, the energy management support platform for complex, multi-user and multi-site systems, which allows to perform Business Intelligence, Predictive and Big Data Analysis functions, and Softeco’s solutions for the acquisition of production process data with energy meters, sensors and monitoring systems. The agreement is aimed at providing energy efficiency and automation solutions for a leading Italian cement group.

The partnership between Softeco and Seaside includes the implementation of a proof of concept in the raw materials mill department of a cement factory located in the province of Piacenza, for a duration of 12 months and a consideration of Euro 60 thousand.

The pipeline of the project, if the feasibility check gives the expected results, includes the analysis of the entire industrial site with three-yearly maintenance and replication at the other sites, including international sites of the cement group. These subsequent phases will be regulated by subsequent contracts, even though the agreement envisages a maximum overall value of any job orders of approximately Euro 2.5 million.

Once verified over time the effectiveness of the best practices to minimize consumption and maximize quality production, Softeco Sismat will proceed, in agreement with the customer, to the automation phase of imposing optimal parameters on the machines in relation to environmental conditions and production needs.

 

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.

 

29Jan 2020
  • Proposal to the Shareholders’ Meeting to change the company name to AlgoWatt S.p.A. and transfer the registered office to Milan. Following the merger by incorporation of Softeco Sismat Srl into TerniEnergia, the main operational headquarters will be located in Genova
  • The new name linked to the reorganisation of the company into “One Smart Company” and to the new strategic positioning in the technological and digital sector
  • Published the TerniEnergia corporate events calendar 2020

 

The Board of Directors of TerniEnergia, smart company listed on MTA of Borsa Italiana and part of the Italeaf Group, met today, approved the proposal to be submitted to the Extraordinary Shareholders’ Meeting to amend Articles 1 (company name) and 2 (registered office) of the Bylaws. 

Specifically, the proposal requires the Company to adopt, as from the date of filing of the shareholders’ resolution in the Companies’ Register, the company name “AlgoWatt S.p.A.”, with registered office in Milan, Corso Magenta 85. This proposal is in continuity with the recent extraordinary transactions undertaken and, in particular, with the merger by incorporation of Softeco Sismat Srl (company with over 40 years of history in the ICT sector) into TerniEnergia (listed since 15 years on the Italian Stock Exchange and a leading player in the renewable energy and green industry sectors) and the implementation of the Group’s Recovery and Relaunch Plan. As part of the operational and industrial turnaround based on the “One Smart Company” model, the Company’s Board of Directors has therefore considered it crucial to reconsider the corporate identity and the strategic positioning to encourage the creation of value for all the stakeholders. 

With the name AlgoWatt, a synthesis between algorithm, computer calculation process, and watt, unit of measurement of electrical power, identifies a System Integrator, also with strong skills in software development, focused on GreenTech, no longer operating in the utility sector but in the technological and digital one.

The transfer of the registered office to Milan will have both a functional and qualifying impact, signaling the Company’s willingness to strengthen its proximity to investors and involvement in the domestic market and to increase business opportunities in Italy, laying the bases for the wider international growth. The Company will have its main operational headquarters in Genova, where the core of its digital activities is located, as well as branches in Rome, Naples, Catania, Lecce and Narni (TR).

Finally, in order to facilitate the activity of financial market players, pursuant to art. 2.6.2 of the Regulation of Borsa Italiana S.p.A., TerniEnergia announces the dates scheduled in 2020 for the examination of economic and financial data by the Board of Directors and for the related disclosure, as well as the meetings and public events already scheduled:

 

TerniEnergia Corporate Events Calendar 2020

2 March 2020Shareholders’ Meeting

Extraordinary Shareholders’ Meeting to approve the amendment of Articles 1 and 2 of the Articles of Association.

***

3 March 2020Corporate Event: Management Presentation

The presentation will take place from 11.00 AM CET in the Sala Cenacolo of the National Museum of Science and Technology “Leonardo da Vinci” – Milan.

***

21-24 April 2020Board of Directors

Meeting of the Board of Directors: approval of the draft financial statements for the year ended 31/12/2019 and the consolidated financial statements for the year ended 31/12/2019

***

25 – 29 May 2020Shareholders’ Meeting

Shareholders’ Meeting to approve the financial statements for the year ended 31/12/2019

***

3-7 August 2020Board of Directors

Meeting of the Board of Directors: approval of the half-yearly financial report at 30/06/2020

 

Please note that the dates set out in this press release are purely indicative: any changes, which may be made to the same, will in any case be promptly disclosed to the market, in the same manner provided for the dissemination of this press release.

  

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.

16Jan 2020

Italeaf, a holding company active in the cleantech and smart innovation sectors, listed on Nasdaq First North, has been notified by Nasdaq with a reprimand due to non-compliance with applicable listing requirements, in accordance with point 4.4 in the current Rulebook for Nasdaq First North Growth Market (”the Rulebook”), as part of the ongoing investigation by the Issuer Surveillance. Italeaf is considering the notification and its right to comment on the Exchange’s decision, which could lead to a potential outcome of the delisting.

06Jan 2020
  • Amount of the transaction equal to Euro 2.9 million
  • Closing expected by March 2020, following the inclusion of the transaction in the Group’s Recovery and Relaunch Plan

 

TerniEnergia, a smart company listed on the Italian Stock Exchange’s electronic share market (MTA) and part of the Italeaf Group, announces that a preliminary contract was signed for the sale to Buttol Srl (the “Buyer”), a company operating in the high quality environmental services sector through a sustainable development path, of 100% of the shares of NewcoEnergy Srl, owner of the biodigestion and biomethane production plant under construction in Calimera (LE), of the land subject to the intervention and the related building and environmental authorizations.

The amount for the sale of the company shares is Euro 2.9 million, while the transaction provides for the payment by the Buyer of a deposit of Euro 50 thousand upon signing the preliminary contract and an additional down payment of Euro 0.3 million to be paid into a trust account on 20 January 2020.

The closing of the transaction, expected by the month of March 2020, is subject to the condition precedent of successful completion of the requirements for the inclusion of the transaction in the TerniEnergia Recovery and Relaunch Plan.

It should be noted that on 18 December 2019, as communicated on the same date, the Environmental Protection and Valorization Service of the Province of Lecce granted an extension of 20 months of the deadline for the effectiveness of the Executive Determination concerning the “Environmental Impact Assessment Procedure (V.I.A.)” for the Calimera (LE) biodigestion, composting and biomethane production plant.

30Dec 2019

The Board of Directors of Italeaf S.p.A. (“Italeaf” or the “Company”), a holding company active in the cleantech and smart innovation sectors, listed on Nasdaq First North, met today, following the approval of the update of the 2019-2022 Reorganization Plan and the Financial Manoeuvre that is part of it (the “Plan”), as communicated to the market on October 30, 2019, and examined the progress of negotiations underway with financial creditors, aimed at signing a restructuring agreement pursuant to Article 182 bis r.d. 267/42.

Massimiliano Bonamini (a person with proven experience in the sector), a professional appointed by Italeaf pursuant to art. 182 bis r.d. 267/42, remains in charge of certifying the feasibility of the Plan, while Italeaf’s legal advisor is the Orrick firm. The Plan, prepared with the assistance of KPMG as industrial and financial advisor, aims to achieve the Company’s recovery.

The Board of Directors of Italeaf has therefore decided to continue negotiations with the creditors with the aim of concluding them and finalizing the agreements with creditors as soon as practicable.

Finally, following the announcement made on October 30, 2019, Italeaf’s Board of Directors deemed it appropriate to postpone any decision regarding the approval of the draft financial statements, the consolidated financial statements as at December 31, 2018 and the half-yearly report as at June 30, 2019 to a date to be defined after the completion of negotiations with the banking sector, and in any case by February 28, 2020, in order to take full account of the impact of the restructuring agreement when approving these financial data.

24Dec 2019
  • The sale of the last tranche of a total perimeter of 22 photovoltaic plants to Mareccio Energia, a platform for the aggregation of assets in Italy of a primary investment fund, in partnership with the sponsor LCF Alliance, through the vehicle company Italia T1 Roncolo, has been signed
  • Total capacity of the plants subject to closing equal to 1 MW
  • Net collection of the fourth tranche for TerniEnergia of approximately Euro 0.4 million
  • Total value of the transaction (Enterprise Value) of approximately Euro 2.7 million
  • The transaction involves the assumption by the buyer of financial debts related to the plants for approximately Euro 1.8 million
  • The transaction was carried out as part of the Recovery and Relaunch Plan of the TerniEnergia Group

 

TerniEnergia, smart company listed on MTA of Borsa Italiana and part of the Italeaf Group, following the press releases issued,on 16 May 2019, on 6 June 2019, on 13 november 2019 and on 23 december 2019, to which reference is made, announces that a last tranche of 2 photovoltaic plants in Italy with a total installed capacity of around 1 MW, of the total perimeter covered by preliminary contracts represented by 22 photovoltaic plants with a total installed capacity of 19.3 MW, was closed for sale (by TerniEnergia itself, also through subsidiaries). The plants involved in the transaction were sold to the vehicle company Italia T1 Roncolo, headed by Mareccio Energia, a platform for the aggregation of photovoltaic plants in Italy of a leading investment fund, in partnership with the sponsor LCF Alliance.

In particular, the company Guglionesi S.r.l., joint venture between TerniEnergia and Sifip S.r.l., was sold. The purchase price for 100% of the SPV is equal to approximately Euro 0.9 million, corresponding to the Equity value determined at the reference date of June 30, 2018 (Enterprise value equal to approximately Euro 2.7 million). The transaction also provides for the assumption by the Purchasers of financial debts related to the plants for approximately Euro 1.8 million.

TerniEnergia was assisted by Grimaldi Studio Legale, as legal advisor, with a team coordinated by the Partner, lawyer Annalisa Pescatori, and by EnVent Capital Markets as financial advisor. Italia T1 Roncolo S.r.l. and LCF Alliance were assisted by the Energy Team of Rödl & Partner, with a team led by Partner Roberto Pera, as legal 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 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.  

23Dec 2019
  • The sale of the third tranche of a total perimeter of 22 photovoltaic plants to Mareccio Energia S.r.l., a platform for the aggregation of assets in Italy of a primary investment fund, in partnership with the sponsor LCF Alliance, through the vehicle company Italia T1 Roncolo, has been completed.
  • Total capacity of the plants subject to closing equal to 4 MW
  • Net collection of the third tranche for TerniEnergia of approximately Euro 3.6 million (net of the Escrow account, equal to Euro 0.5 million)
  • Total value of the transaction (Enterprise Value) of approximately Euro 10.6 million
  • Part of the purchase price, equal to Euro 0.5 million, will be deposited into an Escrow account as a guarantee of Seller’s performance and indemnity obligations
  • The transaction involves the assumption by the buyer of financial debts related to the plants for approximately Euro 6.5 million
  • The transaction was carried out as part of the Recovery and Relaunch Plan of the TerniEnergia Group

 

TerniEnergia, smart company listed on MTA of Borsa Italiana and part of the Italeaf Group, following the press releases issued,on 16 May 2019, on 6 June 2019 and on 13 november 2019, to which reference is made, announces that a second tranche of 4 photovoltaic plants in Italy with a total installed capacity of around 4 MW, of the total perimeter covered by preliminary contracts represented by 22 photovoltaic plants with a total installed capacity of 19.3 MW, was closed for sale (by TerniEnergia itself, also through subsidiaries). The plants involved in the transaction were sold to the vehicle company Italia T1 Roncolo, headed by Mareccio Energia S.r.l., a platform for the aggregation of photovoltaic plants in Italy of a leading investment fund, in partnership with the sponsor LCF Alliance.

The total price for the sale of the plants is equal to approximately Euro 4.1 million, corresponding to the equity value determined at the reference date of 30 June 2018 (Enterprise value of approximately Euro 10.6 million), while the net collection for TerniEnergia will be equal to approximately Euro 3.6 million (net of the Escrow account, equal to Euro 0.5 million as a guarantee of the Seller’s obligations and indemnity obligations, and then released upon fulfilment of certain conditions expressly established by the parties), which was paid in cash.

The acquisition contract has been madesigned after the establishment of 4 Newco, TE NC Apollosa S.r.l., TE NC Fratta4 S.r.l., TE NC Chieuti S.r.l. and EA NC Marsciano S.r.l. in which has been conferred the asset portfolio composed of n. 4 plants with a total capacity equal to about 4.1 MW owned respectively by TerniEnergia, the first three, and the company EnergiaAlternativa S.r.l., the remaining plant.

The transaction also provides for the assumption by the Buyers of financial debts related to the plants for about Euro 6.5 million.

By reference to the total perimeter of n. 22 plants, the sale of the company Guglionesi S.r.l., owner of n. 2 photovoltaic plants for a total of about 1 MW of installed power, remains to be concluded – by today’s date.

TerniEnergia was assisted by Grimaldi Studio Legale, as legal advisor, with a team coordinated by the Partner, lawyer Annalisa Pescatori, and by EnVent Capital Markets as financial advisor. Italia T1 Roncolo S.r.l. and LCF Alliance were assisted by the Energy Team of Rödl & Partner, with a team led by Partner Roberto Pera, as legal 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 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.