IRE.MI - Iren SpA

Milan - Milan Delayed Price. Currency in EUR

Iren SpA

Via Nubi di Magellano, 30
Reggio Emilia, RE 42123
Italy
39 0521 24 88 76
http://www.gruppoiren.it

SectorUtilities
IndustryUtilities - Diversified
Full Time Employees7,042

Key Executives

NameTitlePayExercisedYear Born
Mr. Vito Massimiliano BiancoCEO & Director454.3kN/A1971
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, together with its subsidiaries, operates as a multi-utility company in Italy. It operates through Networks, Waste Management, Energy, Market, and Other Services segments. The company produces and distributes electricity primarily from hydro, thermal, and cogeneration sources; and district heat, as well as distributes and sells natural gas. It distributes electrical energy through 7,692 kilometers of low, medium, and high voltage underground and overhead networks to approximately 721,000 customers in Turin, Parma, and Vercelli; and natural gas through its network of approximately 8,028 kilometers to approximately 742,000 customers. The company also operates integrated water cycle, which include 23,360 kilometers of pipeline networks; 11,162 of sewerage networks; and 1,323 treatment plants that provides services to approximately 2,830,000 residents. In addition, it is involved in the provision of technological services related to public lighting systems, traffic light systems, heating systems, and electrical and special systems; and design and management of waste treatment and disposal plants, as well as related heat and electricity production plants. Further, the company engages in the collection and disposal of waste; and provision of snow clearing services. It sells approximately 2.6 billion cubic meters of natural gas; 16,000 GWh of electricity; and 2,900 GWht of heat for the district heating networks, as well as operates 20 hydroelectric plants, 6 thermoelectric cogeneration plants, and 1 thermoelectric plant. Iren SpA was is headquartered in Reggio Emilia, Italy.

Corporate Governance

Iren SpA’s ISS Governance QualityScore as of June 25, 2019 is 7. The pillar scores are Audit: 5; Board: 6; Shareholder Rights: 10; Compensation: 2.

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.