Gruppo Iren is one of the largest and most dynamic multiutility companies in Italy, operating in the sectors of electricity, thermal energy, gas, and integrated water services, environmental services, and technological services. The company serves a multiregional catchment area, with 8,600 employees and a customer base of around 2 million in the energy sector, 2.8 million inhabitants served in the integrated water, and 3.1 million in the waste cycles. Iren is an eco-friendly electricity producer, with over 73% of its production being environmentally friendly.
The company, founded in 1905, is headquartered in Reggio Emilia, with operational offices in Genoa, Turin, Parma, Piacenza, La Spezia, and Vercelli. The Iren Group comprises the industrial holding company Iren S.p.A. and four fully controlled business companies operating in the energy, water, and waste management sectors.
In June 19, 2024, the company secured a €200.00M post-IPO debt investment from the European Investment Bank. Iren's high level of technological know-how, combined with reliability, innovation, and local roots, enables the company to meet the needs of customers and the public while providing high-quality services across its diverse portfolio of operations.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Debt | €200.00M | 1 | European Investment Bank | 19 Jun 2024 |
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