• Within the stewardship algoWatt will act as digital technology provider, Whitenergy as efficiency solutions provider and TerniEnergia Progetti as EPC and O&M supplier, also for utility scale projects

algoWatt, GreenTech Company listed on the Euronext Milan market of Borsa Italiana, its subsidiary TerniEnergia Progetti, system integrator and O& M provider in the renewable energy sector, and Whitenergy, Efficiency Solutions Provider, have today signed a strategic partnership, with a stewardship formula*, for the development and implementation of multiple projects in the renewable energy sector.M provider in the renewable energy sector, and Whitenergy, Efficiency Solutions Provider, have today signed a strategic partnership, with the formula of stewardship*, for the development and implementation of multiple projects in the field of energy production from renewable sources, towards industrial and agro-industrial customers, energy efficiency, also through the promotion of Energy Performance Contract offers, and projects of self-production, self-consumption and reduction of consumption, including the organisation of Renewable Energy Communities (CERs). Gianluigi Mele, Founder and CEO of Whitenergy, pointed out that “the partnership

represents a significant step towards creating a more sustainable and resilient future to support businesses aiming for energy and digital transition towards more sustainable forms of supply. We are convinced that, by working together with the algoWatt Group, we will be able to make available to a rapidly evolving market a wealth of know-how and experience represented by a range of innovative services, tailored to the customer’s technical needs ”. Stefano Neri, Chairman and CEO of algoWatt, , emphasised that ”

the agreement allows us to combine the strong greentech and system integration skills in renewables of our group with the innovative approach of Whitenergy, which is a player strongly committed to reducing energy consumption and sustainability. Through the support of a company specialised in consulting and implementation of solutions for energy efficiency and transition, we will have the mutual opportunity to foster the adoption of technologies and processes that can provide industry and the agricultural sector with a concrete opportunity to achieve significant savings and increase environmental performance”.

The algoWatt group and the Whitenergy group, through services of a high industrial quality standard, aim to create new high-tech activities in the supply chain, integrating preliminary activities such as feasibility studies, energy diagnostics, consulting for obtaining incentives, economic-financial consulting and investment support, up to the introduction of solutions for self-consumption, even remotely, remote control and monitoring, the design, construction and commissioning of plants for the production of energy from renewable sources at the service of industrial and agro-industrial enterprises and energy efficiency, and advanced operation and maintenance, including the use of innovative and digital tools.

**A particular partnership model that consists of working together with a common vision among the actors involved and to maintain this vision it is necessary to: (i) Involve partners from the early stages of the project; (ii) Ensure that partners are clear about the content, timing, strategy and overall design of the intervention; (iii) Consider (in the sense of assessing appropriateness and sustainability) partners’ views and input; (iv) Provide partners with the tools they need (training, information, contacts) and the information they feel they need; (v) Build trust.