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ITALEAF: TerniEnergia continues to increase the value from its photovoltaic assets


ITALEAF: TerniEnergia continues to increase the value from its photovoltaic

* Sold 50% of the shares of the SPV DT Srl, that owns a PV plant of 1 MWp
* The transaction counter value for the 50% of the shares amount to Euro 0.5
million to be paid in cash by AEGA ENERGY PRIMA AS

, smart energy company active in the fields of renewable energy, energy
efficiency, waste and energy management, listed on the Star segment of the
Italian Stock Exchange and part of Italeaf Group, as part of its strategy to
increase the value of its photovoltaic assets, has signed agreements for the
sale to AEGA ENERGY PRIMA AS (a Norwegian fund) of 50% of the share capital
of DT Srl, owner of a utility scale PV plant for an installed capacity of
around 1 MWp capacity.
The total price of the sale has been agreed between the parties to Euro 0.5
million for the 50% of the share capital, paid by AEGA ENERGY PRIMA AS in


, a company incorporated in September of 2005 and part of Italeaf Group, is
the first Italian smart energy company and operates in renewable energy,
energy efficiency, energy and waste management. TerniEnergia operates as
system integrator, with a turn-key offer of industrial sized photovoltaic
plants, on behalf of third parties and on its own, for the Power Generation
business, also through joint venture companies with leading national players.
TerniEnergia operates in the waste management sector, recovery of the
material and energy, development and production of technologies. In
particular, the Company is active in the recovery of tires out of use, in the
treatment of biodegradable waste through the implementation of biodigesters,
management of plant for the biological depuration; decommissioning of
industrial plants, recovery of demolition metals and cleaning of industrial
sites; development and production of technological apparatus. Through Free
Energia, the Group is active in the energy management, energy sales to energy
intensive customers, software and services for energy management,
administrative, financial and credit management. TerniEnergia, through Lucos
Alternative Energies, operates in the development of energy efficient plants
both through EPC scheme and FTT scheme (Financing Through Third Parties),
pursuing the objectives of increasing energy production from renewable
sources, of energy saving and reduction of emissions as set forth by
environmental European policy.

TerniEnergia is listed on STAR segment of Borsa Italiana S.p.A..

This press release is also available on the Companies' website:

Certified Adviser

Mangold Fondkommission AB is the Certified Adviser of Italeaf on NASDAQ OMX
First North.

For further information please contact:
Filippo Calisti
CFO - Italeaf S.p.A.

Mangold Fondkommission AB
Tel. +46 (0)8 5030 1550

Italeaf SpA

, established in December 2010, is a holding company and a business
accelerator for companies and startups in the areas of innovation and
cleantech. Italeaf operates as a company builder, promoting the creation and
development of industrial startups in the fields of cleantech, smart energy
and technological innovation. Italeaf has headquarters and plants in Italy at
Nera Montoro (Narni), Terni, Milano and Lecce; has international offices in
London and Hong Kong and a research and development centre in the Hong Kong
Science and Technology Park. The company controls TerniEnergia, a smart
energy company listed on the STAR segment of the Italian Stock Exchange and
active in the fields of renewable energy, energy efficiency and waste and
energy management, Greenled Industry, working in the development and
production of power LED lamps for industrial energy efficiency and public
lighting, WiSave in the "internet of things" field, for the development and
production of thermostats and smart technologies for the remote control of
electrical and heating items of buildings managed through a cloud
infrastructure, and Skyrobotic, in the business development and manufacture
of civil and commercial drones in mini and micro classes for the professional



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Italeaf S.p.A. via Globenewswire


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