Iren has submitted a binding offer for the acquisition of assets and shareholdings of Egea, the utility from Alba.
The details of the offer
The final date for the submission of binding offers was set at 19pm on Thursday 21 September.
The offer, which confirms the interest of the Turin multi-utility, “is based on a solid economic and industrial plan aimed at the growth and development of Egea assets covered by the procedure, which provides for theintegration of Egea in the operating model of the Iren group", is explained in a note.
The operation, the company says, is consistent with the strategic lines presented in plan to 2030 by Iren. “The synergies that can be achieved in network and free market services – continues the note – may be allocated to a relaunch of investments to create new development opportunities”.
