ALBINI GROUP ESCO PLANNING INDUSTRIAL PLANTS GREEN ENERGY CUSTOMERS NEWS White certificates White certificates Investments that pay White certificates are incentives designed to reduce the consumption of primary energy, with a view to achieving the targets set by the European Plan 20-20-20: a 20% reduction in CO2 emissions and a 20% increase in energy conservation and renewable energy by 2020. White certificates were introduced in Italy by decree in 2004, providing for savings of a certain number of Tonnes of Oil Equivalent (TOE) by distributors of electricity and gas. The latter can fulfil their legal obligations either by obtaining Energy Efficiency Credit (EEC, also known as white certificates) from third parties or by pursuing their own projects. These EEC are issued by the Energy Markets Manager (Gestore dei Mercati Energetici - GME) and are managed and certified by the Energy Services Manager (Gestore Servizi Energetici - GSE). One credit corresponds to a TEP (equivalent to approximately 5,300 electric kWh, 11,700 kWh of heat and 1,200 m3 of natural gas); the financial value of this value varies in accordance with the energy market. As part of its role as an ESCO (Energy Service Company), Albini Energia acts as an intermediary between buyers and end customers, and is authorised to present practices to the GSE in order to obtaining Credits, which are then sold on the market; Revenues from the sale are divided between Albini Energia and the customer, according to a prior agreement drawn up between the two. Albini Energia is on the Energy Efficiency Credit Register, and holds an account for the management of white certificates. In recent years, Albini Energy has handled the sale of thousands of EEC. Company booked in the Business Register of Bergamo, REA 407355 - VAT/C.F. 03776360160 - Paid-in capital: € 50.000