Investor RelationsPress Release

pdf Kinexia constuction and management landfill in Albanian

KINEXIA AWARDED THE CONSTRUCTION AND MANAGEMENT OF A LANDFILL TOTALLING 1.9 MILLION TONS FOR THE TREATMENT AND FINAL DISPOSAL OF WASTE IN ALBANIAN PUBLIC TENDER

 The Project located in Manez and serving the Durres area require a total investment of approximately 20million Euro and will be funded primarily through project financing. Volteo Energie S.p.A. wholly owned by Kinexia will be acting as main EPC contractor

 The capacity of the landfill, the production of electricity from biogas and other revenues resulting from the exploitation of the materials are expected to generate over a thirty-year plan apx. Euro 60 million in turnover

 The award of this important environmental project outside national borders marks a further step forward in Kinexia’s international growth strategy.

 The start of the landfill construction is scheduled for the second half of 2015, once signed the agreement with the Ministry of Environment and acquired the necessary permits, while the beginning of landfill management is scheduled for the second half of 2016

Milan, March 9, 2015 - Kinexia S.p.A. ("Kinexia"), a company listed on the Italian Stock Exchange and active in the field of Renewable Energy and Environment, in a temporary association of companies with the company Albania Landfil Energy Sh pk, has won the tender for the construction and management of the new landfill located in Manez, Albania, serving all local communities falling in the Region of Durres (Durres). The result of the tender and the notification of award were signed by the Minister of Environment, Albanian, Dr. Lefter Koka, following the results transmitted by a committee made up of seven members representing the various authorities concerned...

Full version of the press release can be seen in the attached pdf

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