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Iren SpA to Exit Edipower and A2A SpA to Reach 71% Stake-Reuters

Tuesday, 30 Jul 2013 08:00pm EDT 

Reuters reported that from November 1, 2013 Iren SpA will exit from the share capital of Edipower, allowing A2A SpA to reach a 71% stake and reduce its debts by approximately EUR 40 million. According to the agreements, Iren will be assigned with the Turbigo high-efficiency CCGT plant and of the Tusciano hydroelectric plant. The share capital of Edipower will be made of, in addition to A2A's stake, Dolomiti Energia by 8,5%, Sel 8,5%, Mediobanca 5,1%, Fondazione Crt 4,3% and Bpm 2,6%. 

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0.0045 +0.55%
25 Nov 2014