Press Release

Follieri Energy (FE) and Climate Change Ventures (CCV) are pleased to announce a strategic partnership to develop industry-leading clean energy projects initially in Southern Europe, with plans to expand internationally. Joint projects already under consideration in Italy and Greece include existing and new service station retail outlets and their supporting logistic infrastructure.

Climate Change Ventures is headquartered in the United Kingdom and is focused on advising and financing the next wave of disruptive low carbon solutions. CCV is led by Horácio Carvalho, who has spent more than four decades—and raised over 10 billion euros—developing projects in the cleantech and renewable energy sectors. CCV is currently capitalizing on its broad network of stakeholder relationships to provide significant support to companies and technologies poised to incorporate climate change initiatives in their businesses. CCV’s bold approach to attacking this fundamental issue makes it a great fit with Follieri Energy’s own ambition to create an international network of sustainable retail service stations optimized for vehicles and fuels with a carbon net zero footprint.

Follieri Energy also has its headquarters in the UK. It has existing fuel and retail outlets in Italy and Brazil and has developed a business model aimed at disintermediating a diverse marketplace with a full-service solution for forecourt and retail customers. FE aims take advantage of new fuel technologies as main elements of its offering. In addition to conventional fuels FE’s ground- breaking proposition will include EV charging and hydrogen fuelling stations, integrated with imaginative retail solutions.

Follieri Energy’s CEO, Raffaello Follieri welcomed this collaboration saying, “We fully support the aims and objectives of the Paris Agreement whereby nations pledged to be carbon zero by 2050. Follieri Energy will be utilizing new technologies and new energy sources that will be major enablers in the drive for a carbon zero world”.

CCV CEO, Horacio Carvalho, commented, “Follieri Energy has ambitious plans to make a huge difference in the provision of fuels and services to motorists. CCV has its finger on the pulse of the latest developments in sustainable and carbon efficient technologies. Transport is a major source of carbon emissions and together, FE and CCV, are well placed to provide a market-leading solution”.

No Offer or Solicitation

This communication is for informational purposes only and is neither an offer to sell or purchase, nor the solicitation of an offer to buy or sell any securities, nor is it a solicitation of any vote, consent, or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law.

About Climate Change Ventures

www.ccventures.io

Climate Change Ventures is an integrated financial services firm dedicated to the clean energy sector, with activities spanning strategic advisory, investment management and trading. Our mission is to reduce greenhouse gas emissions and create a zero-carbon economy by advising on and investing in green projects. Our team comprises of senior investment bankers, fund managers and engineers with several decades of experience in the clean energy sector.