IEG, THREE NEW PHOTOVOLTAIC SYSTEMS FOR EXPO AND CONFERENCE CENTRES

The entire system will save the environment 4.5 million tons of CO2, equal to the energy requirements of 2,982 families and make the Italian Exhibition Group´s activities self-sufficient.


Rimini, 22 November 2021 – Italian Exhibition Group is heading towards an increasingly more sustainable future. The exhibition and congress group, in partnership with Green Utility, has in fact planned to activate three new photovoltaic systems on its exhibition facilities in Rimini and Vicenza, as well as on the Rimini congress centre. A commitment to move forward in the production of clean energy and in achieving self-sufficiency for its activities.

As of 2022, IEG will have photovoltaic systems for a total installed power of 7,525 kWp and will be able to produce 8.5 million kWh of clean electricity, enough to make all its offices in Italy self-sufficient. This system is equivalent to the needs of 2,982 families and will save the environment 4.5 million tons of CO2.

The starting point is having solar panels on all available roofs, a strategy pursued since the Rimini Expo Centre was inaugurated in 2001.
In 2012, in addition to the photovoltaic panels already on the parking area and south hall roofs, a further 100,000m2 were installed onto Rimini Expo Centre´s ´vaulted roofs´ without altering the architectural profile and using Thin Film (which was an extraordinary innovation ten years ago), making the structure the first self-sufficient exhibition centre in Italy in terms of energy requirements.
The systems, thanks to an installed power of 5,500 kWp, are currently producing about 7 million kWh per year of electricity from renewable sources (the equivalent of the average annual consumption of 2,184 families), preventing 3.3 million tons of CO2 emissions per year.

Now the partnership between Italian Exhibition Group and Green Utility has been further enriched with three more systems that will cover the roofs of the more recently built halls connected to Rimini Expo Centre as well as those on Rimini´s Palacongressi Conference Centre and the Expo Centre in Vicenza.

The first new plant will have a power of 500 Kwp, save 298,000 tons of CO2 emissions per year and produce energy from renewable sources equivalent to the needs of 198 families.
The second will be built on the roof of Rimini´s Conference Centre and will have a power of 325 kWp. 195,000 tons of CO2 emissions will be prevented each year and the energy produced from renewable sources will be equivalent to the needs of 130 families.
The third, which will be built on the roof of Vicenza Expo Centre, will have a power of 1,200 kWp and will prevent 700,000 tons of CO2 emissions per year, producing energy from renewable sources equivalent to the needs of 470 families.


PRESS CONTACT IEG media@iegexpo.it
Elisabetta Vitali - head of corporate communication & media relation
Marco Forcellini - press office manager

FOCUS ON ITALIAN EXHIBITION GROUP
Italian Exhibition Group (IEG), listed on the MTA (screen-based stock exchange) organised and managed by Borsa Italiana S.p.A., has built up over the years, through its Rimini and Vicenza venues, a position of domestic leadership in the organisation of trade fairs and conferences, and has developed its foreign activities - also through joint ventures with global or local organisers, in the United States, United Arab Emirates, China, Mexico, India - which have positioned it among the leading European operators in the sector.
This press release contains forecast elements and estimates that reflect the management´s current opinions (´forward-looking statements´), particularly regarding future management performance, realization of investments, cash flow trends and the evolution of the financial structure. For their very nature, forward-looking statements have a component of risk and uncertainty, as they depend on the occurrence of future events. The effective results may differ (even significantly) from those announced, due to numerous factors, including, only by way of example: food service market and tourist flow trends in Italy, gold and jewellery market trends, green economy market trends; the evolution of raw material prices; general macroeconomic conditions; geopolitical factors and evolutions in the legislative framework. Moreover, the information contained in this release, does not claim to be complete, and has not been verified by independent third parties. Forecasts, estimates and objectives contained herein are based on the information available to the Company as at the date of this release.




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