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ITALEAF: Softeco Sismat (TerniEnergia Group) signs

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Posted On: 10/09/2017 1:00:22 AM
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Posted By: News Desk 2018
ITALEAF: Softeco Sismat (TerniEnergia Group) signs a contract for Enel Smart Grids Remote Control Services

PRESS RELEASE 9 OCTOBER 2017

ITALEAF: Softeco Sismat (TerniEnergia Group) signs a contract for Enel Smart Grids Remote Control Services

  • The agreement for a total value of Euro 0.84 million will involve the Group's digital company in a temporary partnership with Siemens and Leonardo
  • Softeco Sisma twill provide solutions for corrective maintenance and inventory management on behalf of e-distribuzione SpA
  • The Group's expertise in the Smart Solutions and Services sector has been recognized

        TerniEnergia , a company listed on the Star segment of the Italian Stock Exchange and part of the Italeaf Group, announces that Softeco Sismat - the Group's digital company -, in a temporary business partnership with Siemens and Leonardo, has signed a corrective maintenance contract on behalf of e-distribuzione SpA, an Enel Group company active in the network and smart grids management sector. The contract provides for the provision of remote control services for e-distribution networks for 2017-2018 for a total amount of Euro 0.84 million. In particular, the consortium between Siemens, Softeco Sismat and Leonardo, will be responsible for corrective, functional, emergency and maintenance services, specialist assistance and warehouse management of remote control systems and e-distribution. The agreement with primary partners in the sector and the award of the contract testify to the acknowledged competence of the TerniEnergia Group as "technological enabler" in the Smart solutions and services for the energy sector and, in particular, for Smart grids, as set out in the strategic guidelines presented to the market on 29 September 2017.

TERNIENERGIA (TER.MI) , established in September 2005, and part of Italeaf Group, is the first Italian smart energy company, committed to bring worldwide integrated and sustainable energy solutions. Organized into two straegic business units (Assets and Smart solutions and services), with about 400 employees and a geographic presence in almost the continents, with operational and sales offices, TerniEnergia develops solutions, innovative products and services based on digital and industrial technologies for the energy sector. TerniEnergia, also through its subsidiaries (Softeco Sismat, Selesoft Consulting, Greenled Industry,GreenAsm, Wisave, Ant Energy), shall pursue the objectives of increasing energy production from renewable sources, energy efficiency and emissions reduction, as laid down by European environmental policy, and participates actively in the distributed power generation revolution and energy smart grids. TerniEnergia is the ideal partner for large utilities, distributors and grid operators, power producers, public authorities, industrial customers and investors who intends to carry out large projects for the production of renewable energy plants and modern systems with high energy efficiency, solutions for the management and maintenance of the infrastructure and the electrical systems. TerniEnergia, through a complete technological and commercial offer, develops and provides technologies, turn-key services and solutions for energy consumers in the public and private sectors. The company is listed on the STAR segment of the Italian Stock Exchange.

This press release is also available on the Company website: www.italeaf.com

Certified Adviser

Mangold Fondkommission AB, +46 (0)8 5030 1550, is the Certified Adviser of Italeaf SpA on Nasdaq First North.

For further information please contact:   Filippo Calisti CFO - Italeaf S.p.A. E-mail: calisti@italeaf.com

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.  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, 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. Italeaf holds a minority stake in Vitruviano LAB, a research center active in the R&D sector for special materials, green chemistry, digital transformation and cleantech.

Attachments:

http://www.globenewswire.com/NewsRoom/Attachm...9118e58a27



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