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Ternienergia SpA (TRNI.MI)

TRNI.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

(OFFICIAL)-BRIEF-TerniEnergia signs USD 3 mln agreement for three microgrids in India
Thursday, 4 May 2017 01:48am EDT 

Company corrects story from May 3. Corrects deal value to $3 mln from $10 mln, adds second bullet to specify value of first pipeline phase and details about installed power in first and second bullet.:Signs agreement for three microgrids for a total installed power of 3.5 MW in India for about $3 million as part of its broader accord with Juice Power nFWN1EO06W.The consideration for the entire first phase of the pipeline for a total power installed of about 8.5 MW amounts to $10 million.  Full Article

(OFFICIAL)-BRIEF-TerniEnergia signs USD 3 mln agreement for three microgrids in India
Thursday, 4 May 2017 01:40am EDT 

Company corrects story from May 3. Corrects deal value to $3 mln from $10 mln, adds second bullet to specify value of first pipeline phase and adds details about installed power in first and second bullet.:Signs agreement for three microgrids for a total installed power of 3.5 MW in India for about $3 million as part of its broader accord with Juice Power nFWN1EO06W.The consideration for the entire first phase of the pipeline for a total power installed of about 8.5 MW amounts to $10 million.  Full Article

TerniEnergia signs USD 10 mln agreement for three microgrids in India
Wednesday, 3 May 2017 09:37am EDT 

May 3 (Reuters) - TerniEnergia SpA ::Signs agreement for three microgrids in India for about $10 million as part of its broader accord with Juice Power nFWN1EO06W.  Full Article

TerniEnergia Q1 net profit down at EUR 0.2 mln
Wednesday, 3 May 2017 05:42am EDT 

May 3 (Reuters) - TerniEnergia SpA ::Reported on Tuesday Q1 revenue 29.9 million euros ($32.63 million) versus 31.3 million euros a year ago.Q1 net profit 0.2 million euros versus 0.6 million euros a year ago.  Full Article

Ternienergia extends contract with Ecopneus for end of life tires up to Dec. 2018
Friday, 31 Mar 2017 03:35am EDT 

Ternienergia SpA : Extended the contract with Ecopneus for the delivery of end of life tires (ELT) up to December 2018 . According to the contract extension, Ternienergia can treat up to 15,000 tons of ELT delivered only by ecopneus for an annual delivery tariff of around 1.5 million euros ($1.60 million) .Ecopneus is a non-profit consortium organization for the tracking, collection, treatment and recovery of end of life tires.  Full Article

Italeaf: Ternienergia signs a contract in Tunisia with STEG
Thursday, 23 Mar 2017 09:06am EDT 

Italeaf SpA : Ternienergia signed contract worth of about $ 12.5 million for construction in Tunisia of industrial scale photovoltaic plant for total capacity of 10 mwp, on behalf of S.T.E.G. .Ternienergia's order includes full EPC (engineering, procurement and construction) activity, with supply of PV modules and inverters.  Full Article

TerniEnergia FY revenue down 77 pct at EUR 86.1 mln
Wednesday, 15 Mar 2017 09:32am EDT 

TerniEnergia SpA : FY net profit 1.1 million euros ($1.17 million) versus 2.5 million euros a year ago . FY revenue 86.1 million euros versus 368.7 million euros a year ago .The decrease in FY revenue compared to the previous year is attributable to the significant reduction in the energy management business, resulting by the exit from the consolidation scope of Free Energia, pending the acquisition of a target company operating in the same sector.  Full Article

Ternienergia forms with Roma Gas & Power joint venture Ant Energy Srl
Monday, 5 Dec 2016 02:40am EST 

Ternienergia SpA : Said on Monday it formed with Roma Gas & Power a joint venture "Ant Energy Srl" for integrated energy services and implementation of energy efficiency projects .The establishment of new unit follows the strategic agreement signed by the company and Rome Gas & Power on July 21.  Full Article

TerniEnergia 9-month net profit falls to EUR 0.4 mln
Friday, 4 Nov 2016 01:48am EDT 

TerniEnergia SpA : 9-month revenue 61.4 million euros ($68.12 million) versus 277.2 million euros a year ago . Says the decrease in 9-month revenue is mainly attributable to the significant contraction in energy management activity leading to the exit from the consolidation scope of Free Energia . 9-month net profit 0.4 million euros versus 3.4 million euros a year ago . Considers a substantial increase in revenues and earnings in Q4 compared with Q3 achievable .In the last quarter of the year, there will be the consolidation of the two companies Selesoft and Softeco in the digital energy sector and, at the end of the outcome of due diligence procedures, the company could also complete the acquisition of Energetic.  Full Article

TerniEnergia signs MoU to buy 51 pct stake in Energetic
Friday, 30 Sep 2016 10:47am EDT 

Ternienergia SpA : Signs Memorandum of Understanding with Driver for the acquisition of 51 percent of the share capital of Energetic . Energetic is a company active in the gas and power market, operating throughout Italy . Transaction consideration for the acquisition by TerniEnergia of a 51 percent stake in Energetic amounts to 7.3 million euros ($8.19 million), payable in cash . Transaction consideration takes into account the income from the sale of subsidiaries Mya Energia and Energetic Vendite for about 4.1 million euros .The signing of the final contract and the transfer of the ownership of the shares, is expected by the end of November.  Full Article

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