Connected to the grid the “giant” PV plant of Tom Burke (South Africa)

• The south african subsidiary TerniEnergia Projects PTY Ltd has completed the construction of the plant from 66 MWp in advance on the timetable
• Provided a four-year renewable contract for operation and maintenance
• Resignation of an effective member of the Board of Auditors

TerniEnergia, smart energy company active in the fields of renewable energy, energy efficiency, waste and energy management, listed on the Star segment of the Italian Stock Exchange and part of Italeaf Group, announces that, today, the second of the two “giant” photovoltaic worksites in South Africa, on behalf of a leading Italian utility, has been completed. The PV plant has been connected to the national transmission grid managed by Eskom.

In particular, TerniEnergia Projects PTY Ltd, a South African subsidiary of TerniEnergia SpA, has completed the construction of the PV plant in Tom Burke (for a total installed capacity of 66 MWp), in advance of the timeline envisaged by the final contracts for EPC (engineering, procurement and construction) and O&M (operation and maintenance) four-year and renewable term, and in compliance with the expected financial results.

The worksite of Tom Burke, in the south African region of Limpopo, which is spread over an area of 200 hectares, has employed more than 350 workers in the various functions for the installation of 500,000 photovoltaic PV panels, with a capacity between 125Wp and 140Wp. It were installed in total 82,700 structures of metallic carpentry and laid 2,550 km of electric cables. TerniEnergia operated in compliance with the promotion of political participation in the economic life of “black people”.

TerniEnergia also announces that Dr. Vittorio Pellegrini has resigned, due to supervening personal commitments, his resignation from the position as member of the Board of Auditors. As a result of these resignations, Dr. Marco Chieruzzi, former Deputy Auditor, will take over the office of Statutory Auditor.