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TerniEnergia Established Mozambique Subsidiary

Published on 21 Apr 2016
AlgoWatt 
TerniEnergia has established in Maputo (Mozambique) the 100% owned subsidiary "TerniEnergia company Moçambique Limitada", as part of its development strategy and business internationalization.

The Mozambican subsidiary will operate for the conduct of consistent program of activities that the Group plans to develop in African countries, considered strategic in terms of development trend and for the growth of the business related to renewable energy and smart energy. In particular, the operations are underway in preparation for the participation in projects in the energy sector through the construction of photovoltaic plants of industrial size.

TerniEnergia announces, "For his successful leadership in the smart energy sector, and for founding TerniEnergia – a 3 years in a row IAIR awards winner – and Italeaf Group, known as a "factory of factories" developer and a front-runner in the clean-tech and innovation industry. Along with his legal activities in prestigious Italian companies and institutions, Mr. Neri was able to create a new sustainable business model and export it all over the world."


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