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4 July 2023

Addressing Energy Loss and Instability in the Electricity Grid: The Role of BESS Parks and Energy Communities

Addressing Energy Loss and Instability in the Electricity Grid: The Role of BESS Parks and Energy Communities Energy loss in the power grid is a significant challenge for the energy…
22 June 2023

The importance of BESS for energy transition

The importance of BESS for energy transition In the current context of climate urgency and the need to reduce greenhouse gas emissions, the transition to a sustainable energy system has…
17 November 2022

Redelfi enters Energy Storage market in US

What follows is the press release, available in PDF format. (more…)
27 May 2022

The Greentech of Redelfi towards the stock exchange

Below is the interview by Andrea Boeris for Milano Finanza. (more…)
10 May 2022

The ESG company expands Green, Martech and Greentech

Below is the press release in which Redelfi accelerates the adoption of ESG criteria by structuring three business units: Green, Martech, Greentech. (more…)
1 January 1970

Redelfi’s GreenTech arrives in Singapore at the Singapore Fintech Festival 2022

Below is the Italian press release and by clicking here it can be downloaded in pdf. (more…)
1 January 1970

Redelfi’s GreenTech arrives in Singapore at the Singapore Fintech Festival 2022

Below is the Italian press release and by clicking here it can be downloaded in pdf. (more…)
1 January 1970

Redelfi S.p.A. (the “Company” or “Redelfi”), management company engaged in the digital and green transaction, listed on Euronext Growth Milan, and Altea Green Power S.p.A. (“AGP”) – active in the development and implementation of initiatives in the field of renewable energy and energy efficiency – both listed on the market Euronext Growth Milan, announce that the subsidiary of American law BESS Power Corporation (“BESS Power”) has completed the purchase of a stand-alone battery energy storage system (the “Lund Storage Project”) by acquiring 100% of the share capital of the related company under American law Lund Storage Center 1 LLC. BESS Power – controlled for 65% by RAL Green Energy Corporation, in turn jointly controlled by Redelfi and AGPA, as announced on December 15th, 2022 – purchased the Lund Storage Project from the American developer Aelius Solar Corp. at a price of $500.000 in addition to a earn-out for an amount of $ 20.000 /MW authorized, which will be paid at the time of the sale of the project to third investors. The Lund Storage Project, in advanced development phase, increases today’s BESS Power pipeline, which includes other 200 MW in preliminary development phase. Under this contract, BESS Power will hold preliminary projects for about 600 MW over the planned total pipeline of 1,4 GW. Davide Sommariva, Chairman of the Board of Directors of Redelfi, said: “The purchase of the Lund Storage Project constitutes an important step forward for BESS Power, which is expanding their pipeline both directly with an origination work, and through the acquisition of early stage projects, in line with the ambitious development program presented to the market.” Giovanni Di Pascale, Chairman of the Board of Directors of AGP commented: “With this acquisition, continues and is achieved the growth of Altea Green Power on the American market. Thanks to the JV with Redelfi in BESS Power, in fact, there is an important joint development plan in the USA for the large capacity storage system with a total power of 1,4 GW”. This press release is available on website www.redelfi.com, section Investor Relations > Press Release, on the website www.alteagreenpower.it, section Investor Relations > Financial press release and on www.1info.it. *** Redelfi is a company, head on homonymous Group, engaged in the field of digital and green transition through business three Business Unit, active in Green, MarTech and GreenTech. Each Business Unit adopts a strongly innovative approach in the definition of products, services and processes with an highly attention on the respect on ESG criteria and governance. During the 2021, the Group has realized a Value of Production (consolidated) equal to € 1,2 million and a profit of € 3,5 million, this last result following the extraordinary operation. The NFP is cash positive for an amount of € 0,1 million and the Net Assets is equal to € 5,6 million. In 2021 the Group invested an amount about €4,5 million. Nell’esercizio 2021 il Gruppo ha realizzato un Valore della Produzione (consolidato pro-forma) pari a € 1,2 milioni e un Risultato Netto pari a € 3,5 milioni, quest’ultimo a seguito di operazioni straordinarie. La Posizione Finanziaria Netta è cash positive per € 0,1 milioni e il Patrimonio Netto è pari a € 5,6 milioni. Nel 2021 il Gruppo ha effettuato investimenti per circa € 4,5 milioni. *** Altea Green Power: Altea Green Power is a company active in the development and construction of plants for the production of energy in respect of the environment and ad a “service integrator”, turning its capabilities to private individuals, companies, antities and investors interested in a complete assistance during all the phases of realization and management for a wide range of plant types, in particular in the photovoltaic, wind, cogeneration, biomass, storage and energy efficiency fields, contributing to the reduction of pollution. Founded in 2008 by the will of Giovanni Di Pascale, under the name of Altea Energia, in October 2021 changed its name to Altea Green Power and today can boast the turnkey supply of numerous photovoltaic and wind plants throughout Italy, the development and sale of projects for as many MW for co-investment and current developments in the field of wind and biomass under finalization. It has contracted, in fact, 800 MW in Co-development with some of the major players worldwide. From 1 February 2022 it is listed on the Euronext Growth Milan market of Borsa Italiana. Contacts: Companies: Redelfi | Investor Relations Manager | Erika Padoan | investor-relations@redelfi.com | T: +39 320 7954739 | via A. Scarsellini, 119 Torre B “I Gemelli” 11 piano, 16149 Genova Redelfi | Media Relations | Carolina Beretta | carolina.beretta@redelfi.com| via A. Scarsellini, 119 Torre B “I Gemelli” 11 piano, 16149 Genova Altea Green Power| Investor Relations Manager | Salvatore Guarino | investorelation@alteagreenpower.com | Corso Re Umberto, 8, 10121 Torino EU