Preliminary awarding of the contract worth around Euro 2.5 million for supply of 16 MW high-capacity storage inverters

Enertronica Santerno S.p.A. (“Enertronica Santerno” or “Company”), listed on the AIM Italia market, a multilateral trading system organized and managed by Borsa Italiana S.p.A. (“AIM Italia”), communicates that the Company has been awarded a contract for the supply of 16 MW of high-capacity storage inverters.

The supply relates to a 15MWh energy storage plant located in Italy. The system has been created for one of the major international transmission network operators (TSO) and is one of the most innovative solutions on the market. The Company is, in fact, constantly focused on developing energy storage solutions that relate
both to management of network stability and optimising flows and to the infrastructures associated with electric vehicle charging systems.

The supply, net of the battery costs, is worth around Euro 2.5 million and delivery is due to take place during 2022. It is currently subject to a conditions precedent unrelated to the activities to be performed by Enertronica Santerno. The contract is expected to be confirmed in the autumn of 2021.

This notice is available to the public on the website of the issuer, in the Press releases section of the Investor Relations area.