U.S. Markets open in 3 hrs 56 mins

Iren SpA (IRE.MI)

Milan Stock Exchange - Milan Stock Exchange Delayed Price. Currency in EUR
Add to watchlist
2.266-0.006 (-0.264%)
As of 11:12AM CEST. Market open.

Iren SpA

Via Nubi di Magellano, 30
Reggio Emilia, RE 42123
Italy

http://www.gruppoiren.it

SectorUtilities
IndustryDiversified Utilities
Full Time Employees

Key Executives

NameTitlePayExercisedAge
Mr. Vito Massimiliano BiancoCEO, Central Operations & Strategy Mang. and Director454.3kN/A46
Mr. Massimo LevrinoFinancial Reporting Mang. and Mang. of the Admin., Fin. & ControlN/AN/AN/A
Mr. Giuseppe GattiChairman - Electrone S p A, CEO - Electrone S p A, CEO - SIET S p A and Director - Electrone S p AN/AN/AN/A
Mr. Aldo FiambertiChairman - AEM T E S r l , Chief Exec. Officer - AEM T E S r l and Director - AEM T E S r lN/AN/AN/A
Mr. Adriano De LucaChief Exec. Officer - AEM2Net S p A and Director - AEM2Net S p AN/AN/AN/A
Amounts are as of December 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Iren SpA, a multiutility company, produces, distributes, and sells electricity in Italy. It produces electricity principally from hydroelectric and renewable sources. The company also produces and sells heat; and distributes and sells gas and district heat. It distributes electrical energy through its 7,555 kilometers of high, medium, and low voltage networks to approximately 684,000 customers in Turin and Parma; and gas through its 7,634 kilometers network to approximately 715,000 customers. In addition, the company is involved in the provision of technological services that include network engineering services to the markets comprising IT, modelling, and simulation, as well as upgrading services for technological networks; and design and management of waste treatment and disposal plants, as well as management of energy plants for district heating. Further, it engages in the collection and disposal of waste; sale and distribution of water; and provision of water treatment and sewerage services. Additionally, the company provides street and traffic light services; telecommunications services; and services for the management of air conditioning systems in public buildings. It is also involved in the management of heating and electrical systems; management of technological systems at sports and public service facilities; and maintenance of public parks, snow clearing, and cemetery services. The company sells approximately 2.5 billion cubic meters of gas; approximately 12,000 GWh of electrical energy; and 2,800 GWht of heat for the district heating networks, as well as operates 19 hydroelectric plants, 6 thermoelectric cogeneration plants, and 1 thermoelectric plant. Iren SpA is headquartered in Reggio Emilia, Italy.

Corporate Governance

Iren SpA’s ISS Governance QualityScore as of August 1, 2017 is 10. The pillar scores are Audit: 5; Board: 3; Shareholder Rights: 10; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.