Investments in the energy transition are accelerating.

Trento, 17 September 2024 – Dolomiti Energia Group and Macquarie Asset Management today signed an agreement for the transfer of a share in Hydro Dolomiti Energia held by Macquarie European Infrastructure Fund 4, equal to 40% of the share capital. The agreement, which obtained approval from Golden Power and the Antitrust Authority, has a value of 401.5 million euros, with approximately 366.5 million euros paid as consideration.

Upon completion of the transaction, Dolomiti Energia Group, which already holds the remaining 60%, will own 100% of Hydro Dolomiti Energia.

The agreement reached seals 8 years of fruitful collaboration between the Macquarie Group and the Dolomiti Energia Group. Almost a decade of shared vision in each phase, addressing challenges and exploring new opportunities that have helped to achieve significant synergies and results.

‘We are extremely satisfied with this transaction — comments Stefano Granella, CEO of the Group — which represents an opportunity to simplify internal processes and maximise synergies along the entire value chain in order to achieve an integrated energy margin, while also reflecting our commitment to creating long-term value for our stakeholders. This is a strategic asset supporting the Group's decarbonisation and energy transition.’

Hydro Dolomiti Energia operates a group of hydroelectric plants in Trentino and Veneto, with a total efficient capacity of approximately 1,280 MW. These consist of 26 large-scale plants, for a total of 1,278 MW, and three small-scale plants, for a total of 2.4 MW.

Contacts:

www.gruppodolomitienergia.it/per-gli-investitori.html

Communication Office +39.0464.456280 comunicazione@dolomitienergia.it

This press release is also available on the web site of Dolomiti Energia Group at: www.gruppodolomitienergia.it