IRDEF OTC

Iren SpA is a prominent multi-utility conglomerate operating across Italy, supported by its various subsidiaries. The company organizes its extensive operations into distinct divisions: Networks, Waste Management, Energy, Market, and a broader 'Other Services' category. A core part of its business involves the generation and supply of electricity, sourced predominantly from hydroelectric, thermoelectric, cogeneration, and other renewable facilities. Concurrently, it handles the distribution of natural gas. Its electrical infrastructure comprises 7,849 kilometers of medium and low voltage grids, serving approximately 725,000 connected customers. For natural gas, the company manages a distribution network of about 8,115 kilometers, utilizing high, medium, and low-pressure pipelines to deliver service to around 741,000 households and businesses. Beyond energy, Iren manages a comprehensive integrated water cycle. This involves an extensive 20,088-kilometer pipeline system providing water to 2.8 million inhabitants, supported by 11,291 kilometers of sewerage infrastructure and various water treatment plants. The 'Other Services' segment is diverse, covering areas such as the maintenance of street and traffic lighting, heating systems, and various electrical and specialized installations. It also includes comprehensive waste collection and disposal services, snow removal operations, analytical laboratory functions, and telecommunications activities. The company's substantial infrastructure includes 23 hydroelectric power stations, 7 thermoelectric cogeneration facilities, and a single traditional thermoelectric plant. Additionally, it operates 95 photovoltaic (solar) power generation sites with a combined installed capacity of 18 MW. Iren SpA maintains its corporate headquarters in Reggio Emilia, Italy.