{"id":1705,"date":"2023-10-31T09:50:56","date_gmt":"2023-10-31T08:50:56","guid":{"rendered":"https:\/\/redelfi.com\/newco-bright-storage-s-p-a-established-to-serve-the-agreement-with-wrm-group\/"},"modified":"2023-10-31T09:50:56","modified_gmt":"2023-10-31T08:50:56","slug":"newco-bright-storage-s-p-a-established-to-serve-the-agreement-with-wrm-group","status":"publish","type":"post","link":"https:\/\/redelfi.com\/en\/press-releases\/newco-bright-storage-s-p-a-established-to-serve-the-agreement-with-wrm-group\/","title":{"rendered":"NewCo Bright Storage S.p.A. established to serve the agreement with WRM Group"},"content":{"rendered":"<p>What follows is the <a href=\"https:\/\/redelfi.com\/wp-content\/uploads\/diffuso-20256_132303_2023_oneinfo.pdf\" target=\"_blank\" rel=\"noopener\">press release, available (in Italian) in PDF format<\/a>.<\/p>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p><strong>NEWCO BRIGHT STORAGE S.P.A. ESTABLISHED TO SERVE THE AGREEMENT WITH WRM GROUP<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><em>Milan, 31 October 2023<\/em><\/p>\n<p><strong>Redelfi S.p.A.<\/strong> (\u201c<strong>Redelfi<\/strong>\u201d or the \u201c<strong>Company<\/strong>\u201d), a company heading the industrial group of the same name with operational headquarters in Genoa \u2013 active in the development of innovative and sustainable infrastructures to facilitate the energy transition, listed on the Euronext Growth Milan segment of Borsa Italiana \u2013 announces that, in line with the term sheet stipulated with the WRM Group, the Italian company Bright Storage S.p.A.(\u201c<strong>Bright Storage<\/strong>\u201d) has been established. Bright Storage \u2013 once the relevant contractual documentation has been finalised, currently being defined \u2013 will be 49% owned by Flash S.p.A. and will invest its own resources in the development of BESS Projects with a target of <strong>2.8 GW<\/strong> over a three-year period (<em>ref. p.r. 4 October 2023<\/em>).<\/p>\n<p>&nbsp;<\/p>\n<p>This press release is available on website www.redelfi.com, section <em>Investor Relations &gt; Press Release<\/em>, and on <em>www.1info.it<\/em>.<\/p>\n<p style=\"text-align: center;\">***<\/p>\n<p>Redelfi is the company at the helm of the homonymous Group, engaged in the digital and green transition through a strongly innovative approach in the definition of products, services and processes with special attention on the respect of ESG criteria and governance.<br \/>\nFollowing the 2023 half-yearly financial report, the Group achieved a Value of Production of \u20ac 4.2 million and a Net Result of \u20ac 1.4 million. Net Financial Position is \u20ac 3 million, and Net Equity is \u20ac 11 million.<\/p>\n<p><strong>Contacts<\/strong>:<\/p>\n<p>ISSUER<br \/>\n<strong>Redelfi<\/strong> | Investor Relations Manager | Erika Padoan | investor-relations@redelfi.com | T: +39 320 7954739 | via A. Scarsellini, 119 Torre B &#8220;I Gemelli&#8221; 11 piano, 16149 Genova<br \/>\n<strong>Redelfi<\/strong> | Media Relations | Carolina Beretta | carolina.beretta@redelfi.com | via A. Scarsellini, 119 Torre B &#8220;I Gemelli&#8221; 11 piano, 16149 Genova<\/p>\n<p>INVESTOR &amp; FINANCIAL MEDIA RELATIONS<br \/>\n<strong>IR Top Consulting<\/strong> | Investor Relations | ir@irtop.com | T: + 39 02 4547 3884\/3 | Via Bigli, 19 &#8211; 20121 Milano<br \/>\n<strong>IR Top Consulting<\/strong> | Media Relations | d.gentile@irtop.com | T: + 39 02 4547 3884\/3 | Via Bigli, 19 &#8211; 20121 Milano<\/p>\n<p>EURONEXT GROWTH ADVISOR &amp; SPECIALIST<br \/>\n<strong>Integrae SIM<\/strong> | info@integraesim.it | T: +39 02 96846864 | Piazza Castello, 24 \u2013 20121 Milano<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What follows is the press release, available (in Italian) in PDF format.<\/p>\n","protected":false},"author":1,"featured_media":1385,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - 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