SAMSO S.P.A.

Samso is an Energy Service Company (E.S.Co.), certified according to the UNI 11352 standard, specialized in providing 360° consultancy services for all companies seeking the best energy efficiency.

Operating at a national level in the technical and financial management of energy investments, in recent years it has played a significant role in the transformation that has led Italy to become one of the world's leading countries in renewable energy production.

Samso develops technological solutions capable of reducing energy costs, and invests as an E.S.Co. in energy efficiency to provide the customer with the best result without burdens and risks. It also provides technical and administrative assistance to take advantage of the benefits offered by complex regulations and facilitate access to white certificates.

In 2022, Samso was acquired by Asterion Industrial Partners, an independent company specializing in managing investments in European mid-market infrastructure. This operation will further expand the already significant growth prospects of Samso.

Igor Bovo and Gianpiero Cascone, the founders of the company in 2014, remain as CEOs of Samso S.p.a..

In recent years, the company has achieved significant development, resulting in a strong increase in projects, revenue, and profitability.

Below is a summary of the analysis of the other partial scores:

• Cribis D&B Rating: evaluates the financial solvency and commercial reliability of the company through the calculation of the Cribis d&b Rating (Failure score, Delinquency score, Paydex Cribis d&b, negative events). Samso has been assigned a Cribis rating of "3" with an average risk of cessation. The financial consistency corresponds to "2A".

• CeBi Score 4: CeBi elaborations provide the calculation of PD - Probability Default using a certified algorithm for the banking world, within the context of scoring models and internal rating systems (Internal Rating Based) used by Italian Credit Institutions. The scores evaluate the economic and financial solidity of the company within its current and prospective economic system. The analysis of the balance sheet as of December 31, 2021, in terms of insolvency risk, classifies the company as average compared to companies in the sector - Companies involved in activities and consulting services related to energy resource management, renewable energies, and energy efficiency.

•CR Score: provides a summary judgment on the use of credit lines granted to the company by the banking system, as reported in the Central Bank Risks Database of the Bank of Italy. The Score related to the Central Bank Risks Database, calculated over a 12-month period. This value is confidential as it is not public data, but it shows a level of Solvency.

IN CONCLUSION

The high incidence of projects carried out through the E.S.Co. mode, which implies direct investment by the company in the implementation of the plants and its remuneration through periodic payments by the end customer for the duration of the contracts (usually 5 to 10 years), has required significant financial commitment.

The partners have always supported the development through direct financing to support the investments necessary for ensuring a process of sustainable growth and achieving medium-to-long-term objectives, also supported by the acquisition of SAMSO by the Asterion fund.

Investors subscribe a financing agreement with Samso S.p.A., lending money to the Company, which uses the funds to build the three photovoltaic plants and an electric charging structure, which will be installed on the roof for self-consumption and in the parking lot of the four end customers.

The type of contract is a Purpose Loan: Samso undertakes to use the funds received from Investors exactly as specified in the Project outlined in the public offering and not to divert them for other purposes.

The estimated cost for the construction of the three photovoltaic plants, with a total capacity of 313 kW for the photovoltaic plants and 66 kW for the charging stations, is estimated at €513,000. The minimum target for the collection on Ener2Crowd will cover 58% of the Capex, while the maximum target will cover 78% of the total. The remaining capital will be provided in equity by Samso S.p.A.

AMORTIZATION PLAN OF THE FINANCING

The amortization plan provides for the repayment of Capital and Interest at each installment; there are quarterly installments amounting to € 27,847.

The following amortization plan for Samso S.p.A. is calculated with an interest rate of 6.80% for a total of €300,000.

*excluding any tax withholdings.

Why these SDGs?

• SDG 7 - significant energy savings generated by energy efficiency interventions;
• SDG 9 - implementation of resilient structures and infrastructures;
• SDG 11 - improvement of accessible housing and local communities;
• SDG 12 - responsible and efficient consumption of available resources;
• SDG 13 - activation of sustainable practices in contrast to and mitigation of climate change with relative GHG reduction.

Become a protagonist of the future and sustainable development by funding this initiative!

Solar panels are devices that convert sunlight into electricity. Composed of solar cells containing semiconductor materials, the panels capture photons from the sun and convert them into direct current. This clean and renewable energy can be used to power our homes, industries, transportation, and businesses, reducing the environmental impact. In addition to this environmental benefit, there is also a financial advantage from self-consumption and/or selling the energy produced by the system. Estimates predict over 50 GW of new photovoltaic installations for European countries. This would propel Europe on a growth trajectory, with a forecasted average annual growth of 85 GW by 2026. In 2022, Europe installed 41.4 GW of photovoltaic systems, a 47% increase compared to the 2021 figure of 28.1 GW.1 Photovoltaics represent one of the most promising renewable technologies to drive us towards decarbonization. Supporting such initiatives becomes essential in moving towards a more sustainable future.

WHAT ARE THE ENVIRONMENTAL BENEFITS GENERATED BY THE PROJECT?

It is estimated that photovoltaic installations will have a total annual production of 344,600 kWh per year, which is equivalent to:

                   

Saving 149,000 kg of CO2 in the atmosphere every year

                   

Planting 14,900 trees, enough to cover an area of 17 football fields

                   

Avoiding the exhaust emissions of 104 cars every year

These are the effects and benefits that can also be generated thanks to your contribution!