PRESS RELEASE

Building Energy sees continuous growth with an injection of 30 million euros for

development

New financial resources from the international fund Three Hills Capital will finance the construction and development of plants that will rely on renewable energy sources in the United States, South

Africa and Eastern Europe. Milano, August 26th 2015 — An agreement has been signed between Building Energy and the pan-European fund Three Hills Capital Partners for the underwriting of a bond totalling 30 million euros. The bond is listed on the MTF, which is managed by the Borsa Italiana in the professional segment ExtraMot Pro. The issuing of the bond is to be structured with support from Intermonte SIM, and is expected to be paid back after five years from the time of issuance. The international fund, which is specialised in partnering with successful management teams in their growth projects, will also have a non-controlling interest in the group. The entire investment will be used to support a strategic industrial plan that in the next two years foresees the construction of plants for producing energy from renewable sources. This is to take place on a global scale for a total of more than 430 MW to be in operation starting in the year 2017. “Obtaining these new resources will help grow the company’s financial flexibility and help speed up growth in the United States, South Africa and Eastern Europe, markets where the company is present with numerous plants that are currently being developed and built – said Fabrizio Zago, CEO of Building Energy – We have recently won out in international competitions for the creation of one of the largest biomass plants in Africa with a capacity of 16 MW, a 140 MW wind farm, a mini hydroelectric plant with a capacity of 4,7 MW in South Africa and the first photovoltaic park in Uganda, which will have a capacity of 10 MW. In the next few weeks, construction will begin on a 30 MW wind farm in Iowa, on the second phase of a solar plant at Cornell University in the state of New York, as well as on a 45 MW solar plant in Panama. These projects are part of Building Energy’s development pipeline, which today has projects with a total capacity of more than 2,2000 MW.” “The investment in Building Energy testifies to Three Hills Capital Partners’ focus on finding and supporting success stories led by ambitious management teams with a great desire for international development – said Mauro Moretti, founder of Three Hills Capital Partners - We are determined to support Fabrizio Zago’s vision and his team. In the last few years, they have been able to come up with an integrated and unique business model for the renewable energy market, with a strong focus on emerging markets and the United States.” The operation was carried out by Intermonte and PwC and supported by the legal advisor Studio Chiomenti on behalf of Building Energy, while Linklaters and Clifford Chance on behalf of Three Hills Capital Partners. BUILDING ENERGY Building Energy is an independent energy producer working with renewable sources on four continents. The company is vertically integrated on the value chain, from the development of projects to the sale of energy. With a pipeline in 24 countries with over 2,200 MW and generative assets being built over the next two years for more than 430MW (the Near Notice to Proceed and

Backlog projects), the company is positioned to be one of the major players on the international scene in the renewable energy field. For further information, visit the site www.buildingenergy.it. THREE HILLS CAPITAL PARTNERS Three Hills Capital Partners is a Pan-European investment platform launched in 2013 and is based in London. With two management funds - Three Hills SICAV and Three Hills Decalia – the company’s focus is on investments in preferred capital instruments. Today the company has about 200 million euros in management assets with shares in successful mid-market companies, including Aquafil, Dedalus, Hunter and Byron. For further information, visit the site www.thcp.eu. Press contacts: Building Energy Publicis Consultants Italia Maria Grazia Tiballi Barbara Rivolta – Alessandra Spagnolo Ph. +39 02 49527730 Ph. +39 02 30353324 - +39 02 77336.473 m.tiballi@buildingenergy.it barbara.rivolta@publicisconsultants.it alessandra.spagnolo@publicisconsultants.it