ITALEAF: giant construction sites by TerniEnergia in South Africa ensuring adherence with the timeline

PRESS RELEASE 24 SEPTEMBER 2015

ITALEAF: the "giant" construction sites managed by TerniEnergia in South Africa ensuring adherence with the timeline

• Calendar Update of Corporate Events 2015: October 30, 2015 will be presented at Borsa Italiana the update of the business plan "Fast on the road smart energy"

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, announces that the progress of work of the two "giant" sites in South Africa, on behalf of a leading Italian utility, is in line with the timetable envisaged by the final contracts for the EPC (engineering, procurement and construction) and O&M (operation and maintenance).
In particular, TerniEnergia Projects PTY Ltd, the South African subsidiary of TerniEnergia, has completed further the progress of the works on construction of Tom Burke (67 MWp) and Paleisheuwel (82.5 MWp) sites, in compliance with current industrial and economic results expected.
Pursuant to art. 2.6.2 of the Rules of Borsa Italian SpA, TerniEnergia, in addition to what is stated in the Calendar of Corporate Events 2015 released last January 26, on March 17, 2015 announce as follows:

• October 5, 2015: the Company will partecipate to the Star Conference London organized by Borsa Italian SpA;
• October 30, 2015, as part of the event: "Energy for Innovation - Renewable, gas & power, efficiency, startups, new technologies for smart industry" organized by the Italeaf group, will be presented to the financial community and to the press the Update to the TerniEnergia's Business Plan 2015-2017 "Fast on the smart energy road". The presentation will take place from 9.00 AM CET in Milan in the Parterre Hall of the Italian Stock Exchange, Piazza degli Affari 6.

Speakers: Stefano Neri (Chairman and CEO) and Sergio Agosta (Executive Director).
Registration is required to participate: http://www.ternienergia.com/index.php/eventi/ or event registration at the URL: http://www.eventbrite.com/e/biglietti-energy-for-innovation-18551392715.

TerniEnergia, 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. Through New Gas Trade, the Group i salso 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..

This press release is also available on the Companies' website: www.italeaf.com and www.ternienergia.com.

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.
E-mail: calisti@italeaf.com

Mangold Fondkommission AB
Tel. +46 (0)8 5030 1550
info@mangold.se

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 market.