Bli medlem
Bli medlem

Du är här


ITALEAF: TerniEnergia signed an agreement with Khalid Al Hamed Group LLC

h Khalid Al Hamed Group LLC

* Established in Abu Dhabi the JV Terniergia Middle East Power LLC, 51% owned
by Al Hamed Group and 49% owned by TerniEnergia with share capital of
150,000 Dirhams
* Profits will be divided as follows: 75% to TerniEnergia and 25% to Khalid
Al Hamed Group LLC
* TerniEnergia have the responsibility of management of the operational and
industrial activities

, holding company and first Italian company builder active in cleantech and
smart innovation sectors, listed on on NASDAQ OMX First North, announces that
TerniEnergia, 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
international development strategy, finalized the establishment in Abu Dhabi
of the company TerniErgia Middle East Power LLC under the UAE regulations,
51% owned by Khalid Al Hamed Group LLC and 49% by TerniEnergia, which will
operate in the Middle East and the Gulf Cooperation Council (GCC), with
registered capital of 150 thousand Dirhams.
Stefano Neri, Chairman and Ceo of TerniEnergia stated as follows:
"With the signing of the shareholders agreement between TerniEnergia and Al
Hamed Group, we are taking a further step in the internationalization path of
the Group. TerniEnergia aims to do this because of the targets of the
business plan, that we will engage us in the development of important
industrial activities abroad. We believe that business development in
high-growth areas such as the Gulf and the Emirates, will be a major
opportunity to strengthen the market position and maximize the prospects of
value creation of the Group".
In particular, TerniEnergia and Al Hamed Group have signed a shareholders'
agreement which governs the operation of the company, subject to a strategic
agreement already signed by the parties and communicated to the market on 29
April 2014. TerniErgia Middle East Power LLC have a Borad of Directors
composed of two members in the persons of the Chairman and CEO Khalid Al
Hamed Group LLC, Sheikh Khalid Bin Ahmed Al Hamed, and the Chairman and CEO
of TerniEnergia, Stefano Neri. The profits from the activity of the company
will be divided according to the following distribution: 75% to TerniEnergia
and 25% to Khalid Al Hamed Group LLC.
The partnership between the two Groups, will see Khalid Al Hamed Group LLC
engaged primarily in the management of relationships with government
authorities in the area, in facilitating the authorization processes, in the
acquisition of requirements and support in negotiations with financial
partners and with the banking institutions to support the business
development, and TerniEnergia with responsibility for management of the
operational activities and the industrial sites. Through this management
model, the parties aim to combine and enhance the know-how and technological
expertise in the field of renewable energy and environmental industry of
TerniEnergia with the financial capacity and business development skills of
Al Hamed Group, allowing to TerniErgia Middle East Power LLC a rapid growth

This press release is also available on the Company websites:


, 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; development and production
of technological apparatus. Through TerniEnergia Gas&Power, 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. The Group is also active on the natural gas and liquefied
natural gas (LNG) market, offering a range of services and activities in
order to develop Client's business and achieve a competitive advantage
providing the best market conditions and creating a high added value.
TerniEnergia 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..

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, listed on the
STAR segment of the Italian Stock Exchange and active in the fields of
renewable energy, energy efficiency and waste management, 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 market, and Italeaf RE, a real estate



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


Författare WKR

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.