Washington, DC, April 21, 2017 – Building Energy Holding U.S. (“BEHUS” or the “Company”), a North America focused renewable energy project developer and Independent Power Producer, affiliate of Milan Italy based Building Energy S.p.A., announced that it has signed an equity investment agreement with North Sky Capital’s Alliance Fund II (“Alliance Fund II”). The investment was arranged by GoldenSet Capital Partners LLC, a sub-advisor to Alliance Fund II, to monetize the Company’s project equity investment in a 43 MW portfolio of operating solar and wind projects.

“GoldenSet Capital, on behalf of Alliance Fund II, worked tirelessly to complete a complex transaction in a very timely manner, ” said Andrea Braccialarghe, Managing Director of BEHUS. “Our renewables business, both in the U.S. and globally, continues to expand rapidly and we appreciate the support of sophisticated investors like GoldenSet Capital and Alliance Fund II.” The Company was advised by MVP Capital, a leading advisor to companies and investors active in the renewable energy sector.

About Building Energy:

Building Energy is a multinational company operating as Global Integrated IPP in the Renewable Energy Industry on four continents. The company is vertically integrated on the value chain, from the development of projects to the sale of energy. With a pipeline in 20 countries with over 2,600
MW and generative assets being built over the next two years for more than 700 MW, the company is positioned to be one of the major players on the international scene in the renewable energy field. For further information, visit www.buildingenergy.it.

About GoldenSet Capital Partners LLC:

GoldenSet Capital Partners, based in Stamford CT, focuses on investments in the sustainable infrastructure sector. It acts as a sub-advisor to Alliance Fund II and provides project finance equity and structured capital to projects and companies in the United States and Canada. For more information, visit www.goldensetcapital.com.

About North Sky Capital LLC:

North Sky Capital is a registered investment adviser and a leader in impact investing with $1.2 billion in committed capital across its various funds. North Sky was established in 2000 and is based in Minneapolis, MN. For more information, visit www.northskycapital.com.

About MVP Capital:

MVP Capital provides mergers and acquisitions, private debt and equity capital raising, and strategic and valuation advisory services focusing on the renewable energy, media, telecom and technology sectors. Founded in 1987, MVP has completed over $20 billion of transactions and has offices in San Francisco, New York, Boston, Kansas City and Boulder. For more information, visit www.mvpcapital.com.