Italeaf: TerniEnergia and Saceccav signed an agreement for

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Italeaf: TerniEnergia and Saceccav signed an agreement for the construction of two water treatment plants

PRESS RELEASE 27 MAY 2016

Italeaf: TerniEnergia and Saceccav signed an agreement for the construction of two water treatment plants in Umbria

  • Transaction countervalue of approximately Euro 6 million, foreseen in the TerniEnergia investment plan
  • The works will allow the expansion of the Nera Montoro (TR) groundwater remediation plant and the construction of a new treatment plant dedicated to the treatment of special liquid waste business
  • Intervention start expected by June 15, 2016
  • The construction is already authorized by the Province of Terni with an executive resolution (AIA)

               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, and and  Saceccav , a company part of the Bona Dea Group Srl, active in the field of construction and management of industrial installations for the remediation of waste water, have signed an agreement for the construction of two water treatment plants at the production site of Nera Montoro (TR-Italy), for a value of approximately Euro 6 million. The works, whose start is expected by June 15, 2016, will allow TerniEnergia to complete its planned investments on biological and chemical-physical plants already operating in Umbria, for adapting to the requirements of the reclamation project of the groundwater of Nera Montoro and for the realization of a new treatment plant dedicated to the treatment of special liquid waste business (eg. agricultural, industrial, organic and inorganic chemicals, etc.). The agreement will create new high-quality plant equipment placed in the center of the "green industry" in Nera Montoro. In particular, the first plant is functional to the environmental regeneration: through the implementation of a hydraulic barrier, the construction of new plant sections and the renewal of existing parts, the groundwater treatment potential will amount to 50,000 liters/h. Thanks to the know-how and expertise of Saceccav will be ensured the upgrading of sewage treatment activities, preventing pollutants from reaching the Nera River, returning water with nearly drinking quality (Table 2), as provided in the Operational Plan of Reclamation and required by authorities involved. The second plant is designed to treat liquid waste from industrial activities whose treatment requires high technology solutions, allowing TerniEnergia to intercept the flow of materials currently destined to plants placed outside the Umbria region and at the same time to respond to industrial demand in central Italy. The plant, which represents the state of the art of the treatment and remediation technologies, will have the capacity of 58,000 ton/year of waste waters from various matrices and then will have the dual aim of accommodating the demands of institutions and serve as a resource for TerniEnergia activities in the field of "circular economy" and development of the territory. The interventions were approved by Executive Determination of the Province of Terni No. 11458/2015 "Integrated Environmental Authorisation (A.I.A.)" on the "Operational plan for cleaning up groundwater industrial site in Nera Montoro (TR) - adjustments to the requirements and implementation systems present with the introduction of new treatment liquid waste sections with third parties".

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; 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..

Saceccav S.p.A established in 1936, part of the Bona Dea Group srl and active in the field of water treatment and management of water systems, propose its activity with a range of skills that encompasses the whole process, from the choice of technology to the design and construction of the plant, until its management. Its customers are the public administrations that outsource, either directly or through municipal companies, the construction of new plants and grids, and their management (operation and maintenance) through a public tender; or private customers who need to dispose of waste water or water process supply. Saceccav has constructed among others the expansion of the Dervio treatment plant, the leachate landfill treatment plant of Brescia, the treatment plants of civilians waters of Trapani and Livigno and the one of industrial water for the industrial consortium Rieti Cittaducale, the Dezzo Val di Scalve (Bergamo) plant, as well as the facility in Limone sul Garda gallery. Abroad, the water treatment plant in Nanjing in China, the water treatment plant in Tegucigalpa and that just handed treatment of industrial waters in Sanliurfa in Turkey. Is currently an ongoing business expansion effort that has allowed the acquisition of important contracts such as the construction of drinking water purifier of Sili (Oristano), the construction of the scrubbers of Ceglie and Lizzano (Apulia) and the construction of water treatment plants in Recco (Liguria), Levanto (Liguria) and Schiopparello (Elba). The President of Saceccav is Mr Pier Giorgio Romiti.

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

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, 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, Numanova, operating in the field of innovative metallurgy and additive manufacturing and Italeaf RE, a real estate company.

HUG#2016033

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