BESS Power Corporation participates in the RE+ International Trade Fair

Read the press release in PDF format here (in Italian)

BESS POWER CORPORATION PARTICIPATES IN THE RE+ INTERNATIONAL TRADE FAIR

Milan, September 6, 2023

Redelfi S.p.A. (“Redelfi” or the “Company”), the parent company of the industrial group of the same name with operational headquarters in Genoa – engaged in the development of innovative and sustainable infrastructures to promote the energy transition – and Altea Green Power S.p.A. (“AGP”) – active in the development and construction of environmentally friendly power generation facilities and as a “service integrator” for comprehensive assistance during all phases of the construction and operation of green plants – both listed on the Euronext Growth Milan segment of Borsa Italiana – announce that BESS Power Corporation (“BESS Power”), a subsidiary of RAL Green Energy Corp. (“RAL”) – a company equally owned by Redelfi and AGP – will participate as a visitor at the RE+ international trade show, entirely dedicated to renewable energy, to be held in Las Vegas from September 11-14, 2023.

Participation in the RE+ (formerly SPI) fair will enable BESS Power to consolidate its position as a major development player in the U.S. market, expanding its network and developing new business relationships.

The RE+ event, established in 2004 and organized by RE+ events in partnership with SPI (Solar Power International), is North America’s largest networking and education fair dedicated to renewable energy and innovation in the industry’s own technologies. In 2022 RE+ was attended by more than 27,000 renewable energy professionals and more than 800 exhibitors from more than 100 countries.

This press release is available on the website www.redelfi.com, Investor Relations > News section, on the website www.alteagreenpower.it, Investor Relations > Press Releases section, and at www.1info.it.

Redelfi is the parent company of the Redelfi Group active in the digital and green transition by taking a highly innovative approach to defining products, services and processes with a strong focus on adherence to ESG principles in business management. In the 2022 fiscal year, the Group achieved a Production Value of EUR 4.5 million and a Net Income of EUR 0.27 million. Its Net Financial Position was EUR 0.6 million and its Net Equity was EUR 9.3 million. In 2022, the Group made investments of approximately EUR 6.4 million.

About Altea Green Power: Altea Green Power is a company active in the development and implementation of plants for the production of energy with respect for the environment and as a “service integrator,” addressing its capabilities to individuals, companies, entities and investors who want comprehensive assistance during all phases of implementation and management for a wide range of plant types, particularly in the photovoltaic, wind and BESS Storage sectors, thus contributing to the reduction of pollution. Founded in 2008 by Giovanni Di Pascale, under the name of Altea Energia, in October 2021 it changed its name to Altea Green Power and today can boast the turnkey supply of numerous photovoltaic and wind power plants and throughout Italy. Its current core business is co-development in wind PV and Storage. To date it has contracts for over 1.5 GW of photovoltaic and wind projects and about 0.5 GW of BESS Storage projects. Its customers are some of the world’s largest players. As of February 1, 2022, it is listed on the Euronext Growth Milan market of Borsa Italiana.

INVESTOR & FINANCIAL MEDIA RELATIONS PER ALTEA GREEN POWER

BESS Power Corporation participates in the RE+ International Trade Fair

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