- CEO
- Nicola Monti
- Full Time Employees
- 5,827
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Milan Italy
- IPO Date
- Jul 1, 1982
- Business
- Edison S.p.A. produces, procures, distributes, and sells electricity and natural gas, and provides integrated energy and environmental services. The company operates across the energy value chain through specialized business units focused on power generation, natural gas and green gases, and customer energy solutions. Its product and service portfolio comprises electric power generation from renewable resources, including hydroelectric, onshore wind, and solar photovoltaic facilities, alongside high-efficiency combined cycle gas turbine plants; natural gas procurement, long-term pipeline importation, regasification, and wholesale commodity trading; green gas development, including biomethane production and green hydrogen initiatives; retail supply of electricity and natural gas to residential, commercial, industrial, and public sector clients; comprehensive decarbonization and energy efficiency services through its Edison Next division, including industrial energy auditing, cogeneration and trigeneration systems, public lighting infrastructure management, smart city digital platforms, onsite commercial solar installations, and industrial waste and environmental consulting; and residential energy solutions through Edison Energia, including home energy contracts, rooftop solar systems, residential battery storage, heat pumps, electric vehicle charging stations, and renewable energy community management. The company primarily operates in Italy and select European energy markets. Founded in 1884, Edison S.p.A. is headquartered in Milan, Italy, and operates as a subsidiary of Électricité de France S.A.
In recent developments, Edison has accelerated its strategic transformation toward low-carbon power generation and energy flexibility, targeting 4 gigawatts of installed renewable capacity and over 2.5 gigawatts of energy storage by 2030. The company entered into a strategic partnership with Blunova S.p.A. to co-develop floating offshore wind projects in the Mediterranean, including acquiring a 50 percent stake in the 975-megawatt Wind Energy Pozzallo project off the coast of Sicily, while advancing multiple pumped-storage hydroelectric projects across Southern Italy to support grid stability. In corporate financing, Edison secured a financing framework of up to 800 million euros from the European Investment Bank to fund renewable generation, energy efficiency, and public lighting initiatives. Furthermore, the company streamlined its business portfolio by completing the sale of its natural gas storage operator, Edison Stoccaggio S.p.A., to Snam S.p.A., and implemented internal corporate simplifications through the merger by incorporation of subsidiaries including Sistemi di Energia S.p.A. and Deposito GNL Brindisi S.r.l.