Investments in support of the energy transition are accelerating

Trento - Naples, 12 February 2025 – The Dolomiti Energia Group and the IVPC Group, two leaders in the renewable energy sector in Italy, have completed the closing of a strategic partnership.
The agreement aims to optimise synergies between the two Groups, integrating their respective skills to foster mutual growth and generate value for all stakeholders involved.
The operation was carried out following the fulfillment of all the conditions precedent typical of transactions of this nature.
The Enterprise Value relating to the scope of the transaction is around € 179 million.

The entry of the Dolomiti Energia Group into the capital of some companies of the IVPC Group that hold assets and that are specialised in developing, managing and maintaining wind and photovoltaic plants, also on behalf of third parties, will open up new opportunities for growth and synergies between the two Groups.
The partnership includes approximately 66 MW of wind and photovoltaic plants already in operation, in addition to 30 MW currently under construction, all distributed in southern Italy.

These are augmented by a pipeline of additional projects for approximately 867 MW, split into different development phases, with approximately 72 MW already authorised and another 212 MW at an advanced phase of authorisation.
The parties will proceed with the development of new projects in the field of renewable energy as well as explore further synergies and new initiatives in territorial areas where both are already present, also creating significant opportunities for expansion for other businesses beyond the traditional reference areas.

"We are ready for this collaboration with IVPC, a partner with consolidated experience in the renewable energy sector," said Stefano Granella, CEO of the Dolomiti Energia Group. "This alliance is in line with the strategy of growth and diversification of production sources, outlined in our business plan. This is a strategic step to accelerate our future and to generate sustainable value for our stakeholders. From today the thirty-year know-how of the IVPC Group, combined with the experience of its founder Oreste Vigorito, the pioneer of wind power in Italy, will bring significant value to our national development."

"We share the strategic vision of the CEO of the Dolomiti Energia Group, Stefano Granella, convinced that this alliance is between two traditional leaders in their respective sectors and that the dawning partnership will be a source of highly successful business development," a statement by Oreste Vigorito, Chairman of IVPC.

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