(Tiper Stock Exchange) – Iren presented to the Piedmont Region two Project Financing proposals relating to hydroelectric plants with expired concessions on the auction of the Orco torrent and the Po river. Proposals that the Council of the Piedmont Region he considered welcomein the context of the current regulations on the assignment of concessions for large hydroelectric derivations, delegating the adoption of the documents necessary to implement them to the Regional Directorate for the Environment, Energy and Territory.
With this initiative, the group is the first company in the country to present a project financing proposal applied to concessions for large Italian hydroelectric derivations. The operation fits within the strategic lines of the Group, oriented to consolidate and strengthen your position in the generation from renewable.
The proposals planning, of the total value of 300 million eurosinclude functional interventions to the upgrading and efficiency of the 300 MW currently installedoptimizing the use of available water resources, minimizing the environmental impact of the plants and integrating works with a landscape and compensatory value, with positive effects on the territory.