Our business model

Iren ranks at the top of the national multiutilities, strong in its territorial roots, with a prominent position in the different business areas. A balanced mix of regulated and quasi-regulated activities, free activities, and strong integration between upstream and downstream activities particularly in the energy supply chain. 

 

 The IREN Group is active through subsidiaries in five business areas:

 

a table describing the fundamental Iren business areas

The business model adopted is diversified and marked by a prominence of regulated or semi-regulated activities amounting to about 70% of Ebitda, which ensures soundness, development prospects and reduced levels of risk.

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Iren every day

The Group operates in a multi-regional catchment area of more than 7 million inhabitants, with more than 9,000 employees, nearly 5 billion Euro in revenues, a portfolio of more than 2 million customers in the energy sector, and a total of nearly 6 million inhabitants served in the water and environmental cycle. 

1st national player

in district heating with 99 mcm volumes

2nd national player

in integrated water service with 2.7 million inhabitants served

3rd national player

in waste collection with 3 million inhabitants served and 3.6 tons of waste treated

6th national player

in electricity generation with 2.8 GW of production/generation capacity

5th national player

in supply business with 2 million customers 

Main partner

for local areas and communities

1st national player

in district heating with 99 mcm volumes

2nd national player

in integrated water service with 2.7 million inhabitants served

3rd national player

in waste collection with 3 million inhabitants served and 3.6 tons of waste treated

6th national player

in electricity generation with 2.8 GW of production/generation capacity

5th national player

in supply business with 2 million customers 

Main partner

for local areas and communities

Our businesses

We work to empower territories, communities and people to grow. Daily activities are carried out by companies organised into five business units, with the aim of ensuring maximum efficiency and effectiveness: Networks, Waste Management, Energy, Market and Smart Solutions.

Networks

Waste management

Energy

Market

Smart solutions

Networks

Our networks run through three regions, providing residents of large and small municipalities with basic resources such as water, electricity, gas and district heating. Iren is committed to reducing waste of natural and energy resources and respecting biodiversity.

Integrated water service
Iren Group
  • Inhabitants served: 2.930 mln
  • Volumes of water sold: 170 Mm³

 

  • Inhabitants served: 123,591
  • Water sold: 7 Mm³

 

  • Inhabitants served: 1,101,137
  • Water sold: 72 Mm³

  • Inhabitants served: 1,705,934
  • Water sold: 91 Mm³

Gas distribution
Gruppo Iren
  • Inhabitants served: 1,552 mln
  • Gas distributed: 1,124 Mm³

 

  • Inhabitants served: 55,434
  • Gas distributed: 45 Mm³

  • Inhabitants served:  882,500
  • Gas distributed: 789 Mm³

  • Inhabitants served: 614,613
  • Gas distributed: 290 Mm³

 

Electricity distribution
Gruppo Iren
  • Inhabitants served: 1,089,360
  • E.E. distributed: 3,687 GWh

 

  • Inhabitants served: 893,924
  • E.E. distributed: 2,824 GWh

  • Inhabitants served: 195,436
  • E.E. distributed: 863 GWh

Waste management

Iren, a leader in the circular economy, manages collected waste as a real resource by committing to putting it back into the economy in the form of matter, energy and biogas.

Collection
Iren Group
  • Inhabitants served: 3.8 mln
  • Collected municipal waste: 1,865 Kton

 

  • Inhabitants served: 1.400 mln
  • Collected municipal waste: 647 kton

  • Inhabitants served: 37,000
  • Collected municipal waste: 27 Kton

 

  • Inhabitants served: 207,136
  • Collected municipal waste: 105 Kton

  • Inhabitants served: 1.149 mln
  • Collected municipal waste: 768 Kton3

  • Inhabitants served: 132,892
  • Collected municipal waste: 59 Kton

  • Inhabitants served: 875,506
  • Collected municipal waste: 258 Kton

Disposal plants
Iren Group including UNIECO
  • Total plants: 62 
  • Total capacity: 4,579 kt
     

Main capacities (number of plants)

  • WTE: 900 kt (3)
  • TMB:  471 kt
  • CSS plastic + recycling: 380 kt
  • Forsu treatment-compost: 375 kt
  • Rubbish dump: 2.6 Mm3

  • 1 WTE: 588 kt
  • 4 Landfills (one of which after exercise): 798,000 m3
  • 15 Selection / treatment plants

  • 1 Selection / treatment plant: 60 kt

  • 5 Selection / treatment plants

  • 1 Selection / treatment plant: 210 kt

  • 3 Selection / treatment plants: 210 kt

  • 2 WTE: 315 kt
  • 15 Selection / treatment plants: 1,423 kt

  • 1 Selection / treatment plant: 15 kt

  • 1 Selection / treatment plant: 111 kt

  • 1 Selection / treatment plant: 87 kt
  • 1 active landfill: 1,123 k m3

Energy

The development of renewables and the flexibilisation of plants through highly efficient technologies and storage enable Iren to play a primary role in the country's energy transition.

Power plants
Iren Group
  • Total hydroelectric power: 621 MWp
  • Total photovoltaic power: 141 MWp
  • Total cogenerative power: 1,263 MW
  • Total thermoelectric power: 1,409 MW

  • Hydroelectric plants: 489 MW
  • Photovoltaic systems: 0.89 MW
  • CCGT Plants: 1,158 MW

  • Hydroelectric plants: 21 MW
  • CCGT Plants: Power: 29 MW

  • Thermoelectric plant: 1,208 MW

  • Photovoltaic systems: 0.75 MW

  • CCGT Plants: 58 MW
  • Photovoltaic systems: 3.99 MW

  • Photovoltaic systems: 121 MW

  • Hydroelectric plants: 108 MW

District heating
Iren Group
  • Volumetries: 101,4 Mm³
  • Citizens served: 613,709

  • Volumetries: 71.3 Mm³
  • Citizens served: 506,689

  • Volumetries : 21.6 Mm³
  • Citizens served: 98,974

  • Volumetries : 3.7 Mm³
  • Citizens served: 8,046

Market

Maximising the level of service quality is the basis of Iren's management of businesses and customers. Iren has the ambition to be the best choice for every stakeholder and therefore has developed a multichannel approach aimed at maximising customer satisfaction.

Retail & Small business customers
Iren Group

Electricity customers: 1,180.000

Gas customers: 1,030,000

Contratti:

Smart solutions

Iren partners with local communities to support them in the energy transition through 3 business lines: energy efficiency, electric mobility, and services for territories and communities. Iren puts its effectiveness in managing energy efficiency projects, its expertise in managing complex projects such as the renovation of public buildings, hydrogeological disruption, and specific urban interventions, at the service of local communities.

Our Governance 

Shared rules, extended to subsidiaries, inspire and direct the Group's strategies and activities.

Shareholding structure and shareholders' agreements 

Iren's share capital consists of 1,300,931,377 shares, 53.24% of which held by public shareholders.

Summary Data 

Summary of key financial and operational information.