The Board of Directors of TerniEnergia, smart energy company active in the fields of renewable energy, energy efficiency, waste and energy management, listed on the Star segment of the Italian Stock Exchange and part of the Italeaf Group, has reviewed and approved on 29 July 2016 two memoranda of understanding, one with Ingefi SpA (a company involved in the holding of investments in companies active in the design, development, trade and maintenance of software) and its members and the other with B.Soft Group srl (Holding company for active participation in ICT and Engineering sectors), aimed both to the acquisition in two phases of 100% of the share capital of Softeco Sismat Srl and Selesoft Consulting Srl.

The agreement will create a player of international standing, in the most promising sectors of the energy chain, which can match the track record and the TerniEnergia industrial know-how as a system integrator and excellence in the field of information and communication technology of Softeco Sismat and Selesoft.

Softeco Sismat and Selesoft Consulting, with offices in Genoa, Milan, Rome and Catania and over 300 employees, with technical professional profiles of high level and high skill, are leading companies in the field of development and industrial production of solutions and smart technologies for the transmission and distribution of energy (smart grid), flexible and timely management of production and energy consumption, energy efficiency, management of renewable energies and cleantech (energy islands) and in services, software and IT solutions.

Stefano Neri, President and CEO of TerniEnergia, stated:

“The rapid transformation of the energy system and the utilities market at international level requires industry players to introduce new business rules and logic of operational, organizational and technological changes. Completing the TerniEnergia path of a “smart energy company” , we want to play an innovative industrial role in global energy revolution, providing the main groups active in the energy generation, transmission, storage, distribution and sales, with innovative solutions in line with the main market trends and technology. Through the acquisition of reality as Softeco and Selesoft, representing the Italian excellence in the field of intelligence in the management of networks and the introduction of digital application solutions along the entire value chain of the industry, we believe we can give life to a Group with unique characteristics and industry and technology skills, in the age of energy digitization “.

Ugo Moretto, Co-founder and CEO of Softeco Sismat, so said:

“We really wanted this agreement with TerniEnergia, whose many years of industrial experience is known and recognized throughout the industry, creating the optimal conditions for a strategic integration between two complementary and synergy oriented players. We believe that, thanks to strong agreement that has now been established with TerniEnergia Group management  on common vision of development of the sector, we will be able to internationally grow quickly and harmonious, and to leverage each other’s strengths to attack new boundaries’ potential business, with a portfolio of products and solutions with relevant innovative capacity and with highest quality value-added services. “

The TerniEnergia CDA has also approved the company’s entry in Proteco Consortium, formed by the companies Softeco Sismat, Selesoft Consulting, Proxy and Technovo, to favor the proposal of solutions to the market in energy and power grids, smart cities and smart grids, transport and mobility, telecommunications, internetworking and optical transport, big data, and cloud applications.