IREN SpA - Company Profile

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Business Description

IREN SpA (IREN) is a multi-utility, which generates and sells electricity and thermal energy; sells gas; collects, selects, recovers, and disposes urban waste; and provides integrated water services, and public lighting, global services, and other services. IREN operates its business through five segments: Networks, Waste Management, Energy, Market, and Other Services. It had four subsidiaries at the end of FY2022.

R&D Overview

The company’s R&D efforts focus adopting technologies and processes to support the sustainable development of the reference businesses. The company collaborates with various Universities, Research Centers, Innovation Hubs and Start-ups for research study. During the year 2022, the company’s Iren Innovation Lab has launched a new project, with the collaboration between the Innovation, Communication and Personnel and Organization Departments to further strengthen the culture of innovation at all hierarchical levels and to extend its innovation ecosystem beyond its geographical borders.

Business Segments

Overview

Operates in the energy efficiency sector, designing, implementing, and managing measures to reduce energy consumption. Provides energy services and global services for residential buildings, private and public facilities as well as industrial and commercial complexes. It also offers Smart Solutions for the development and management of public lighting, traffic lights and similar services.

Performance

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Overview

Sells electricity, gas, and heat. Operates as the operator of the “greater protection” service for retail customers on the electricity market in the city of Turin.

Performance

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Overview

Carries out integrated operations spanning water cycle, including management, renovation and development of the electricity, gas, and water distribution networks. Has interests in water supply, sewerage and wastewater treatment. Distributes gas and electricity. Operates high, medium, and low voltage underground and overhead electricity distribution networks.

Performance

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Overview

Provides public lighting, global services and other services. Also offers energy efficiency services.

Performance

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Overview

Collects, selects, recovers and disposes urban waste. Also cleans streets, pavements and urban green areas; and clears snow in winter, with various methods and time frames. Has treatment, disposal and recovery plants in the Piedmont and Emilia territories.

Performance

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