Read the press release in PDF format here (in Italian)
CONTRACTUAL SET DRAFTING FOR THE CREATION OF THE JOINT VENTURE WITH FLASH SPA (WRM GROUP) CONTINUES
Milan, 29 December 2023
Redelfi S.p.A. (“Redelfi” or the “Company”), the company at the head of the industrial group of the same name with operational headquarters in Genoa – engaged in the development of innovative and sustainable infrastructure projects to encourage the energy transition, and listed on the Euronext Growth Milan segment of the stock exchange Italiana – announces that contractual set drafting aimed at regulating what was agreed on between Redelfi and Flash S.p.A. continues. (“Flash”), a company of the WRM Group (“WRM Group”), in the term sheet signed last October – ref. c.s. of 4 October 2023 – concerning the creation of a joint venture for the development of stand-alone Battery Energy Storage Systems (“BESS Projects”) in Italy.
In order to guarantee continuity of the agreements reached during the definition phase, Redelfi and Flash have extended the duration of the term sheet until 31 January 2024.
This press release is available on the website www.redelfi.com, Investor Relations > Press Releases section and on 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. Following the 2023 half-year financial report, the Group achieved a Production Value of EUR 4.2 million and Net Income of EUR1.4 million. The Net Financial Position amounted to EUR 3 million and the Shareholders’ Equity amounted to EUR 11 million.
Contacts:
ISSUER
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
INVESTOR & FINANCIAL MEDIA RELATIONS
IR Top Consulting | Investor Relations | ir@irtop.com | T: + 39 02 4547 3884/3 | Via Bigli, 19 – 20121 Milano
IR Top Consulting | Media Relations | d.gentile@irtop.com | T: + 39 02 4547 3884/3 | Via Bigli, 19 – 20121 Milano
EURONEXT GROWTH ADVISOR & SPECIALIST
Integrae SIM | info@integraesim.it | T: +39 02 96846864 | Piazza Castello, 24 – 20121 Milano
