(Finance) – Iren presented today a binding offer to detect Egea’s assets and shareholdings. The offer, which confirms Iren’s interest, is based on a solid economic and industrial plan aimed at the growth and development of the assets covered by the procedure.
The plan provides the integration of Egea into the operating model of the Iren Group, historically characterized by valorization of the resources of the acquired companies, from a close involvement of suppliers and partners, from attention to communities and from the ability to invest in the territory. The operation is consistent with the strategic lines presented in the Iren Group’s 2030 plan.
Iren’s plan for Egea was conceived in a medium-long term perspective leveraging experience in integrating new companies into the Group’s business portfolio.
The synergies that can be achieved in network and free market services can be allocated to a revival of investments to create new development opportunities.