Energy S.p.A.: new international tender worth Euro 25.7 million. Austria's
ASFINAG chooses Energy for the supply of electricity storage systems and related
services.

EQS-News: Energy S.p.A. / Key word(s): Incoming Orders
Energy S.p.A.: new international tender worth Euro 25.7 million. Austria's
ASFINAG chooses Energy for the supply of electricity storage systems and
related services.

14.05.2024 / 09:04 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Energy S.p.A.: new international tender worth Euro 25.7 million.
Austria's ASFINAG chooses Energy for the supply of electricity storage
systems and related services.

The supply of the storage systems for the North-East area of the Austrian
motorway network, with a total value of Euro 25.7 million, was awarded by
the Company as part of a temporary consortium together with Königskreuz
GmbH.

CEO Davide Tinazzi: "An international recognition of Energy's leadership and
know-how
in the area of the energy transition."

Sant'Angelo di Piove di Sacco (Padua), May 14, 2024 - Energy S.p.A..
("Company" or "Energy"), an Italian leader in storage systems for energy
from renewable sources (BESS, Battery Energy Storage System), listed on
Euronext Growth Milan market ( ISIN Code IT0005500712, Ticker ENY),
announces the award of a major tender in Austria for the supply of
electricity storage systems and the provision of a number of related
services to ASFINAG, Austria's motorway concession company, with the aim of
extending the network infrastructure for alternative mobility. The total
value of the supply of the storage systems and services is Euro 25.7 million,
with an additional option in favor of the client ASFINAG for further
supplies of approx. Euro 3 million.

The tender was awarded as part of a temporary consortium (in German: ARGE)
together with Königskreuz GmbH (an Austrian-registered company based in
Tiefgraben, Upper Austria). Energy S.p.A. is the lead partner of the
temporary consortium (named "ARGE Energy S.p.A. Königskreuz GmbH") and will
supply, starting from the summer and for about 18 months, all the storage
systems (worth about Euro 22 million) and ancillary services.

The tender is the first of its kind won by Energy S.p.A., as a partner of
the ARGE Energy S.p.A. Königskreuz GmbH, and is international recognition of
Energy S.p.A.'s strategy, which confirms its leading position in the
renewable energy sector. The Company is at the forefront of the transition
to a sustainable energy future, constantly investing in research to develop
increasingly efficient and sustainable products, thus confirming its
influence in the European energy storage market.

"We are proud of the acceptance of our project by the Austrian authority.
ASFINAG is a dynamic company, a benchmark in the EU and taken as a model in
the D-A-CH area, which has ambitious goals to drive between now and 2030 an
ecological, digital, and mobility transition" stated Davide Tinazzi, CEO of
Energy S.p.A.. "The use of storage systems is key to achieving all three
goals: complete energy autonomy by that date, energy resilience to protect
data (an extremely topical issue), and motorway fast charging supported by
energy from renewable sources. This decision recognizes Energy's leadership
in the field of the energy transition, and came at the end of a process in
which several industrial entities participated. The technical profile
required of the products is very high, and Energy S.p.A. won because of its
know-how, unique among the few European manufacturers of storage systems,
and the right mix of financial competitiveness, its storage and cloud
services technology, and the demonstrable reliability of its products. The
storage systems chosen by ASFINAG cover Energy's entire zeroCO2 XL platform,
unless customizations are required for specific project needs. This
demonstrates both the strength of Energy's design choices over the past year
and the Company's flexibility to make adaptive changes to special
requirements. We are both sector leaders who recognize each others
strengths".

The establishment of the temporary consortium on 13.5.2024 made the contract
award effective and marked the commencement of works.

***

Energy S.p.A., founded in 2013 by Davide Tinazzi, Andrea Taffurelli and
Massimiliano Ghirlanda and listed since August 1, 2022 on the Euronext
Growth Milan market of the Italian Stock Exchange, is headquartered in the
province of Padua (Italy) and is an energy storage systems for both
residential and large-scale applications sector leader. Our systems allow
energy to be stored and released according to customers' energy needs.
Energy has to date sold and installed more than 60,000 systems across the
country, with a focus on the residential, commercial, industrial, utilities
and electric mobility markets. At December 31, 2023, revenues were Euro 63.3
million and net profit Euro 5.6 million. The biggest projects executed
include the large-scale plant in Comiso (Sicily), consisting of an
agrivoltaic plant and a photovoltaic field, the large-scale plant at the
CAAB Centre in Bologna, the Smart Grids at numerous municipalities in
Sardinia and Lombardy and a Condominium Energy Community in Switzerland
where individual hubs exchange energy as needed. Energy's sales channels
include both general electrical distributors and PV specialists, while the
company also works with large European EPCs. The proximity of Energy's
logistics to the headquarters of major distributors has allowed the company
to establish strong partnerships with the Italian and European market
players. The company purchases components from major international suppliers
and combines them with its "Zero CO2" proprietary software to build EU
standard compliant systems. www.energyspa.com

ASFINAG was founded in 1982 and is an Austrian federal enterprise with a key
role in managing the country's road infrastructure. Its primary role
includes the design, financing, construction, maintenance, operation and
tolling of nearly 2,249 kilometers of motorways and expressways in Austria.
The "ASFINAG system" is recognized as an example of best practice throughout
Europe. In collaboration with their partners, they work to ensure mobility
for future generations. Through forward-looking, sustainable and innovative
solutions, ASFINAG is actively contributing to the transformation of
mobility in Austria. www.asfinag.at

Contacts

Company
Energy S.p.A.
Tel. +39 049 2701296
investor@energysynt.com

IR & Corporate Media Relations Advisors International
TWIN Srl
Mara Di Giorgio
Tel. +39 335 7737417
energy@twin.services


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14.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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   Language:       English
   Company:        Energy S.p.A.
                   Piazza Manifattura 1
                   38068 Rovereto TN
                   Italy
   Phone:          +39 049 270 1296
   Internet:       https://www.energysynt.com/
   ISIN:           IT0005500712
   WKN:            A3DRZU
   Listed:         Regulated Unofficial Market in Frankfurt, Munich,
                   Stuttgart
   EQS News ID:    1902097

End of News EQS News Service
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1902097 14.05.2024 CET/CEST