The face of the city that symbolized the first fights for the environment is changing. Iren invests 150 million euros in wood, purification and bio coal. A positive example of investments in new technologies
Another flurry of offers: institutional investors are stocking up in view of decreasing returns
The energy redevelopment project was started last July by the Iren Smart Solutions division with investments of 10 million already made. The interventions will be completed by 2029
The offer involves the integration of Egea into the operating model of the Iren group
Current number one of Iren, Dal Fabbro was also president of Snam, CEO of Enel Energia and E.On Italia and director of Terna
The Authority will have to verify any undue contractual terminations. Information requests to 25 other companies. The alarm of the managers: costs too high
The multi-utility chooses photovoltaics to increase its business up to 2030. Three key points of the industrial plan: ecological transition, quality of service and territoriality.
The top manager of A2A and former helmsman of Anas, Gianni Vittorio Armani, is the new CEO of the multiutility of Turin, Genoa and Reggio Emilia. He co-opted him to the board and then appointed the Iren board of directors who met today…
Interest in non-polluting sources in service management is growing – A tender for Piedmont and Lombardy, European funding for Genoa and Parma
The Emilian multiutility closed the last calendar year with brilliant results: net profit rose by over 32% - The Stock Exchange approves: stock in positive territory in Piazza Affari.
For the Piedmontese multiutility it is a new move in terms of risk on the reference territories after last year it had reached 60% of Atena Vercelli.
The plan envisages an Ebitda of 950 million in five years, synergies of 80 million and a net profit of around 260 million - The dividend will go from 8 to 10% - Only a plus sign in the 9-month accounts…
The 110-year issue gives a price indication of XNUMX points above the Midswap
The two municipal administrations approved the disposal of the 5,5% shareholding released from the shareholders' agreement. At current prices, the potential collection would be 153 million
FROM ENORTHWEST - -Sometimes even the grillini privatize - The M5S council of the Municipality of Turin has approved a resolution relating to the "extraordinary revision plan of municipal shareholdings", which provides for the sale of quotas and shares of a barrage…
Iren presented an offer to participate in the tender of Acam, the company that manages water and waste disposal services in the city of La Spezia, called for the purpose of "identifying an economic operator for the implementation of the transparent procedure…
The municipal council of the Ligurian capital will probably decide tomorrow on the resolution, on which mayor Doria is playing for the seat - Iren's plan provides for investments of 40 million to which would be added a loan of 25 million.
The new mayor then added that Paolo Peveraro, president of Iren, is also at risk - On the Tav, however, Appendino explained that "the mayor cannot block it".
Acea closed the period with profits up by 32,5%, to 66,9 million - Iren closed the first quarter with a net profit of 72,9 million (+24,5%) - A2A recorded increased profits by 35% to 159…
Francesco Profumo, former Minister of Education in the Monti government and until yesterday president of the multiutility Iren, is the new president of Compagnia Sanpaolo, a leading shareholder of Intesa Sanpaolo - Vice president of the company becomes Licia Mattioli of Confindustria of Turin
The former councilor of Turin will preside over the municipal company - He will be joined by the Emilian Rocchi, who will be reconfirmed as vice president, while the CEO remains the Genoese Bianco.
The utility acquired 2% of Trm, the holding that controlled 51% of the infrastructure, from F80i - In doing so, Iren also achieved in advance one of the objectives announced by CEO Massimiliano Bianco in the presentation of the new plan, which took place on last…
With the green light from the Piedmontese municipality, Iren will rise from the current 40% to 60% of the multiutility Atena, while the municipality of Vercelli will fall to 40%. The operation will take place through a capital increase of Atena reserved for Iren
The bond loan launched in the morning for 500 million raises 3,3 billion, according to financial sources
The industrial plan provides for a strong push towards business combinations "within the reference area" - The group aims to increase the dividend "by around 10% per year starting from 2018" and to reduce debt by 300 million…
The key points of the 2015-2020 business plan also envisage the repurchase of the portion of the Turin waste-to-energy plant indirectly controlled by F2i.
In one week, the sector index, which remains solid, fell by almost 4% on the stock exchange - S&P: "Profitability under pressure both due to the weakness of the country's economy and the shift of industry towards renewable energies" - Potential…
The Emilian utility recorded a 14,3% drop in consolidated revenues. Improved Ebitda (+0,3%) to 484,3 million
The alliance of the three utilities is underway: 1,2 million investments and 21 researchers at work in the next 2 years - The goal is to develop technological innovation and quality of the water service - The first 9 projects were presented today in…
The former minister of the Monti government, now president of Iren, explains that "everything should take place within the year. With Minister Zanonato (for economic development with the Letta government, ed) a discussion on the subject had been opened with Federutility and Anci:…
The objective of the agreement signed today in Turin between the three utilities is to promote applied research, technological development and innovation in the sectors and activities related to the integrated water service, also opening collaborations with other entities such as universities,…
The operation is aimed at the delisting and will be conducted through the company Sviluppo Idrico, whose share capital is held in equal parts by Iag and Smat - To date, Iag and Smat already have respectively 11.108.795 and 11.109.925 Acque Potabili shares,…
The hypothesis of a merger between A2A and Iren, or rather the establishment of the northern super-utility that could arise from this integration, has not yet ended - Words from the mayor of Turin, Piero Fassino: "The project today is even stronger than…
This was stated by the president of Iren Francesco Profumo who today inaugurated the new "Martinetto" heat storage plant, an integral part of the city's cogeneration and district heating system - Turin thus ranks at the top of district heating in…
"Contacts have resumed in recent weeks both with A2a and with Iren and with Acea to take up the issue of reorganization in the field of multiutilities in Italy which is characterized by extreme fragmentation": the mayor of Turin, Piero Fassino,…
The share shines on the Stock Exchange on the wave of the positive results of the first half - In the early afternoon it records a rise of 3,13% (0,91 euro) - In the morning the share had gained further ground (0,92 euro) , not far from the record…
The transalpine utility closed the first half of the year with an EBITDA of 9,7 billion euros, +6,9% compared to the same period of 2012 and above the 9,24 billion consensus estimates - Immediate news stock market exploit: +7% with effects on utilities…
The holding company through which Genoa and Turin control Iren, Finanziaria Sviluppo Utilities, does not detach any coupons for the municipalities, and a derivative with Goldman Sachs in the red for over 20 million euros also appears in the new financial statements.
After a long negotiation, an agreement was reached on the new top management of Iren: the president will be Francesco Profumo, who succeeds Roberto Bazzano - the managing director will be Nicola De Santis, while Andrea Viero will be the new vice president - The members…
Consolidated revenues for the first three months of 2013, equal to 1.120,7 million euros, show a decrease compared to 1.317,3 million euros in 2012 - The result is mainly attributable to the group's commercial strategy which envisages a…
The meeting between the CEO of F2i Vito Gamberale and the mayor Pizzarotti is expected in Parma on Monday: for Andrea Viero, CEO of Iren, it is a clear sign of F2i's interest in joining the Ambiente fund, for the construction of the waste-to-energy plant - …
Net financial debt amounted to 2.555 million at 31 December 2012, down by 98 million compared to the end of 2011. Revenues rose by 22,9% to 4.327,8 million (result mainly attributable to the rise in the prices of energy commodities and …
The multi-utility from the North has updated the 2013-2015 Business Plan: 2013-2015 Investments of around 800 million and Ebitda of around 670 million Euros - A program for the disposal of non-core assets is also on the way.
The deadline for presenting a binding offer for the two companies in the hands of the Municipality of Turin expires today - Both A2A and Iren had made non-binding proposals and had requested an extension on the auction deadline.
Iren's board of directors has given a general green light to the exit from Edipower (in which the company holds 21%), but also asked the managers for further insights.
For the first time, Apple is forced to reduce margins and today Microsoft launches Windows 8 - Double-digit growth for Luxottica - Summit of major international funds in Tokyo: stop the debt - Eyes on the issuance of Ctz…
Iren aims to sell its 20% in the capital of Edipower to A2A, currently at 56% - In return it will get two power plants, but the Milanese company would like the Emilians to also take on part of the red of the company acquired only a few…
Nervous stock exchanges, but utilities are racing in Piazza Affari (-0,33%) (+13% for Iren) and above all editorials - Rcs still suspended due to excessive increases amid swirling share trading, leap by Seat Pg (+21% ), Espresso (+3%) and Sole…
"The entry of the Cassa Depositi e Prestiti in the context of a possible merger between A2A and Iren, perhaps in a vehicle that would see the dilution of the Municipalities, would be absolutely interesting": thus the councilor for the budget of the Municipality of Milan, Bruno Tabacci .
According to an article in Corriere della Sera, the two companies are studying a plan aimed at creating an electricity generation hub around Edipower - According to Intermonte analysts, the operation would make it possible to reduce the debt of the two…
The chairman of the Management Board of the Lombard utility resigns from all his positions, including the presidency of Edison – The resignation has an immediate effect – Yet his dream could soon come true: a large multi-utility…
During the night the BoD rejected the proposal as "it did not incorporate the essential points of the position expressed by us" - The Delmi meeting will still be held today and the Iren representatives will vote against it.
This was reported by the chairman of the management board of A2A, Giuliano Zuccoli: "It is still premature to talk about it, but the funds would tend to enter with a capital increase and we would remain in the majority"
The companies explain in a joint note that "the agreement is a preliminary agreement and concerns the general principles of an operation with different characteristics compared to the operation under negotiation in recent months and the related question presented to Consob by Edf…
The agreement on the new governance was confirmed today by the general manager of Iren, Andrea Viero, at the end of the Board meeting with which Delmi approved the terms of the agreement reached last week with the French Edf on Edison.
Roberto Garbati, CEO of Iren, shows signs of optimism. “There are no open dossiers, even if hypotheses are being made in quantity and there is a willingness on the part of public administrators to go towards aggregations”. The merger would involve…
The structure, inaugurated in the northern area of the city, will allow another 150 inhabitants to use the service, thus bringing the number to 550. The heat will be distributed through a system of underground networks that will be 120 kilometers long. The…
The Guarantor contested the assignment without tender to Iren of the disposal, recycling and recovery activities and underlined that the agreement between the multi-utility and Ato 19 of Parma for integrated management will expire on 2 December…
According to the union, ecological conversion must find more space in the industrial plans of the two companies. Furthermore, the multi-utility should maintain an exclusively public approach. The synergy between the two utilities "due to the way it was presented – has…
The net accounting result amounted to 95,0 million, down by 13,3% compared to 109,6 million in the same period of 2010 due to non-recurring tax effects, which had an impact of 9,7 million in relation to the period, and of the new formulation…
3-5 year put on all shares - The president will be Italian but EdF will manage everything - Demerger of Edipower and division of plants and power stations - Delmi will maintain a presence in Edison - This is the end…
Today the general manager of the Lombard utility (lead of the Italian partners in Edison), Renato Ravanelli, meets the financial director of Edf, Thomas Piquemal. The goal is to say no to the proposal formulated on Monday by the French group and restart from the March pre-agreement.…
