Eni signs a cooperation agreement with Terna for the development of innovative and sustainable energy systems

San Donato Milanese (Milan), 21 December 2016 – Eni and Terna have signed a bilateral Memorandum of Understanding, for the identification and evaluation of opportunities for the development and implementation of energy systems, with a focus on sustainability and supporting production from renewable sources.

The agreement covers a wide range of potential collaborative activities, including the study of electrical systems, in particular associated with Gas-to-Power opportunities; initiatives in the field of Access to Energy; the design and implementation of power plants based on renewable sources and their connection and integration in the power grid; Smart Grid solutions; energy storage projects; R&D activities and energy projects with low environmental impact.

Through this partnership, Eni aims to increase its ability to implement projects in the field of renewable energy sources in a number of countries of interest. Employing Terna’s expertise in the design and implementation of network infrastructure, the partnership will explore the adoption of high tech solutions aimed at the integration of renewable energy production.

This MoU is part of Eni's strategy for the development of renewable energy, based on the promotion of industrial and commercial collaborations with leading Italian partners such as Terna, allowing Eni to consistently pursue the gradual decarbonisation of its energy mix. Company Contacts - Eni: Press Office: Tel. +39.0252031875 – +39.0659822030 Freephone for shareholders (from Italy): 800940924 Freephone for shareholders (from abroad): +80011223456 Switchboard: +39.0659821

Company Contacts - TERNA

External Relations and Csr ufficio.stampa@terna.it T +39 06.8313.9081 F +39 06.8313.8372

Investor Relations Investor.relations@terna.it T +39 06.8313.9041 F +39 06.8313.9312

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