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EPC ENGINEERING RENOVALIA BOOSTS ITS PRESENCE IN ITALY WITH THE CONSTRUCTION OF THREE NEW PHOTOVOLTAIC

2011-02-07

EPC RENOVALIA DRIVES ENGINEERING PRESENCE IN ITALY WITH THE CONSTRUCTION OF THREE NEW WIND PHOTOVOLTAIC

• Situated in the Lazio region, will have a total capacity of 17 MW and will involve an investment of 50 million euros.

• be fully operational by the end of first quarter of 2011.

Madrid, February 7, 2011. Renovalia EPC Engineering, the consulting division, construction and maintenance of parks Renovalia, today announced the construction of three new parks in Italy contracted by Renovalia Italy. Located within the region of Lazio, have a total capacity of 17 MW and will involve an investment of 50 million euros.

With these projects, which will be operational at the end of the first quarter of 2011, the company promotes its growth plan in Italy, Engineering Renovalia build 6 additional projects of 37MW in the second quarter of 2011.

Renovalia is present in Italy since 2008, with offices in Rome and Bologna. Italy has shown the greatest growth potential for the PV industry in Europe and is expected to have 7,000 MW installed capacity totals at the end of this year, according to the GSE.

Renovalia EPC Engineering provides technical services, consulting, construction and maintenance Renovalia Energy and third parties. The company has built all photovoltaic plants, and add these three projects with an installed capacity of 100 MW this technology.

Renovalia install renewable energy technologies more efficient and environmentally friendly. The three photovoltaic plants prevent the emission of 9,134 tonnes of CO2 annually.

About Renovalia Energy

Renovalia Energy is a company specialized in development, engineering, construction, operation and sale of electricity from renewable energy sources. The company is well diversified geographically and technology: thus, the company has projects in wind energy, photovoltaics, solar thermal and small hydro in eight countries in Europe and North America.

Renovalia Energy was born more than ten years with the desire to combat climate change and improve the lives of people, eliminating traditional energy sources, highly polluting, their production processes.

Today, Renovalia Energy is one of the Spanish companies in the sector and has one of the most balanced energy mix of the market, one of the largest producers of clean energy. In this regard, the company has always maintained a business strategy of continuous investment, aiming to increase its market presence both nationally and internationally. The company has an ambitious expansion plan.

Renovalia Energy, present in eight countries (Spain, USA, Canada, Mexico, Italy, Romania, Turkey and Hungary), has a total capacity of 553 MW attributable operating and under construction (divided into ten wind farms, photovoltaic four parks, a central small hydro and thermal facilities). The company currently has a portfolio of 2,400 MW from a diversified both geographically and technologically.

Renovalia Energy in 2009 avoided the emission of 380,399 tons of CO2 into the atmosphere, equivalent to carbon dioxide absorbed by a forest of more than 1,000,000 trees throughout his life.