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Edison interested in Eni's Gas&Power division

Edison's new course, which will be led by Marc Benayoun from 2016 January 2, will focus on the production and sale of electricity and gas: in this context, the company is looking at Eni's Gas&Power division that the oil giant would like to put on the market – Edison could be joined by the FXNUMXi fund

Edison interested in Eni's Gas&Power division

The new course of Edison, which will begin on January XNUMX with the inauguration of CEO Marc Benayoun, could focus on the production and sale of electricity and gas. A strategy which, according to what Radiocor anticipated, could materialize with the interest of Foro Buonaparte in the Eni's Gas&Power division, to which belong – in addition to seven plants and various gas supply contracts – nearly 10 million customers (of which 8 million in Italy alone).

This division, as has already emerged in recent months, could be subject to disengagement by the oil giant – Goldman Sachs has a mandate to identify potential buyers – and Edison is reportedly evaluating this dossier as one of the possible growth scenarios.

In the operation, according to rumors circulating on the market, Foro Buonaparte could be joined by fF2i wave, already a partner in the wind sector, as a minority shareholder. F2i could unite a series of investors interested in participating in a game of potential national importance which would mark a turning point and a leap in size for Edison, thus a strong candidate to return to the second Italian operator behind Enel and perhaps also to be listed on Piazza Business.

The appointment of CEO Benayoun, who has given ample proof of his abilities in the sale of energy by leading the EDF business division, should also be interpreted in this perspective. The French giant, 100% controlling shareholder of Edison, has in any case not taken any official decision on the matter and in recent months has reiterated that the development of Edison itself will have to take place on two fixed points: 'a leading role in the presumable consolidation of the Italian energy market' and its 'essentiality' in the development of Edf's strategy'. When asked about these indiscretions, Edison preferred not to comment.

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