Fiat - EDF Fenice: a new eco-energy partnership

Fiat S.p.A, Fiat Industrial S.p.A. and EDF Fenice have signed a five-year agreement for the supply of eco-energy services, with an option for renewal in 2017. It is the first major energy performance and service agreement of its type in the industrial sector in Europe.

Innovative elements of the agreement include sharing of benefits generated through energy-saving initiatives, reciprocal limitation of risks and joint planning and oversight of energy-related activities. EDF Fenice's objective is to provide the best possible support for the activities of Fiat S.p.A. and Fiat Industrial S.p.A. in Italy.
Representing a further expansion of the partnership that has existed since 2001, the agreement is not limited to the supply of energy, but forms part of a comprehensive framework that also targets improved returns on investment from the partnership. A governance structure, based on the same principles underlying the agreement, provides for joint management of purchasing activities, joint formulation of investment plans and the implementation of best practice at all plants.
A conference was held today in Turin to present the details of the new agreement. In attendance were nearly 130 managers from the three companies, representing the 23
Italian plants and 2 Spanish plants of Fiat and Fiat Industrial at which energy production and distribution plants managed by EDF Fenice are installed and operated (hundreds of sub-stations, 250 refrigerator groups, 140 compressors, 90 large boilers, 15 co-
generation/tri-generation plants and 2 combined-cycle gas turbine plants). Nearly 1,200
EDF Fenice staff will be responsible for operational management of the agreement.
The content and structure of the agreement represents a new form of partnership and a model for the industrial sector in Italy and throughout Europe.
Turin, 14 February 2013

Contacts:

Claudio D'Amico

Fiat S.p.A. - Press Office 011/00.63088 (334/7107828)

Maurizio Pignata

Fiat Industrial S.p.A. - Press Office 011/00.62464 (335/8317886)

Olivier Martinelli

EDF Fenice Communications Director 011/95.13852 (328/7125137)

Fiat S.p.A.

Via Nizza 250, 10126 Torino

Tel. +39 011 006 1111, Fax +39 011 006 2459 mediarelations@fiatspa.com

www.fiatspa.com

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