Enertronica : Elettronica Santerno signes an important agreement in the United States

Frosinone, February 9, 2017 - Enertronica, a renewable energy industry which combines energy-saving, planning and production of electromechanical system devices, announces that Elettronica Santerno SpA, a 51%-subsidary company, signed an important agreement which provides for the supply of 8 MVA photovoltaic inverters in Minnesota (USA). The contract, valued about 800k USD, was singned with one of the most important Utility company active in the renewable energy sector and will be finalised by the end of 2017.

The subscription of this agreement is very important for Elettronica Santerno: the United States represents one of the world's most attractive renewable energy markets and Enertronica Group has great expectations about it for the future. For many years Elettronica Santerno has been working in the US through its subsidiary, Santerno Inc, which has already installed about 270MW power plants.

Vito Nardi, Chairman and Managing Director of Elettronica Santerno, commented: 'The subscription of this agreement is so much important for Elettronica Santerno and the whole company. We are focused on this market and we expect great things for 2017. Now Enertronica Group aims to strengthen its position in the USA and will open new corporate headquarters soon'.