What follows is the press release, available in PDF format..
REDELFI ENTERS ENERGY STORAGE MARKET IN US
Milan, 17th november 2022
Redelfi S.p.A. (the “Company” or “Redelfi”), management company engaged in the digital and green transaction, listed on Euronext Growth Milan, announces the launch – through her US subsidiary Redelfi Corporation (“Redelfi Corp.”) – of a partnership with Elio Energy Group LLC (“Elio Group”) focused on the development of a pipeline of Battery Energy Storage System parks (“BESS parks”) on US market.
For this purposes has been established a dedicated US company, named BESS Power Corporation (“BESS Power Corp.”), in which Redelfi Corp. owns a participation equal to 65% of the share capital and Elio Group owns a participation equal to 30% of the share…