Investors

Iren Mercato S.p.a. acquires 80% of Alegas S.r.l.

29 Dec 2021

Reggio Emilia, 29 December 2021 - Today, Iren Mercato S.p.A. has signed a preliminary agreement for the acquisition of 80% of the shares of Alegas S.r.l., owned by AMAG S.p.A., having been awarded the tender procedure launched by the aforementioned company.

Alegas S.r.l. operates in the sale of gas and electricity and has a portfolio of approximately 43,000 customers, mostly retail, of which 36,000 gas customers and 7,000 electricity customers, 98% of which are distributed throughout the Province of Alessandria. In 2021 Alegas S.r.l. sold 95 million cubic meters of gas and 34 GWh of electricity.

 


The acquisition of the stake will allow the Iren Group to increase its customer portfolio by strengthening its presence in Piedmont, developing a commercial campaign that will promote the sale of products and services related to the reduction of consumption in buildings and electric mobility. Furthermore, further impetus may be given to the activities of Iren Smart Solutions S.p.A. with energy efficiency and urban redevelopment interventions dedicated to condominiums and companies in the current Alegas portfolio.

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