NCTM and Paul Hastings LLP have advised Waste Italia S.p.A., a subsidiary of Kinexia S.p.A., a company active in the renewable energy area, on a high yield bond
issue for a total value of EUR 200 million and on a EUR15 million revolving credit facility.

The notes, which will have a five year term, will be used to reorganize the group's activities and will be listed on the Irish Stock Exchange Waste Italia has been
assisted by NCTM and Paul Hastings LLP.

Waste Italian has been assisted by NCTM and Paul Hastings LLP.

NCTM has followed the deal with a team coordinated by Pietro Maria Tantalo, equity partner, assisted by Andrea De Tomas, equity partner, Matteo Gallanti, salary partner, and Filippo Di Peio and Monica Montironi, senior advisors.

Paul Hastings has followed the deal with a team coordinated by Peter Schwartz, partner, Noel Hughes and Albert Aharonian associates on the capital markets aspects and Karl Clowry and Liam Mills on the banking aspects.