Three acquisitions for Edison (energy efficiency sector)
Three acquisitions for Edison in the increasingly vital field of energy efficiency. Goal: help customers reduce costs and consumption.
They are Ies Solare, Energy Solutions, and Gruppo Energia
Edison Energia is focusing on energy efficiency services for households and small businesses, aiming to quadruple its market share in this segment by 2030. To achieve this goal, the company has acquired Ies Solare, Energy Solutions, and Gruppo Energia, all of which were already Edison’s business partners. This integration combines expertise and infrastructure related to energy efficiency. According to a statement, these three acquisitions enable Edison’s group company to strengthen its presence and proximity to customers as well as its network of technicians, particularly in Triveneto, Emilia-Romagna, Toscana, and other regions of central Italy. With the integration of over 130 employees, Edison Energia has increased its workforce by more than 20%.
Three Acquisitions for Edison: “Reducing Customers’ Costs”
"By acquiring these companies with significant presence in northern and central Italy, we strengthen our capabilities and physical footprint in the region. We aim to structurally reduce the energy costs of our retail customers through self-consumption and efficiency services—both physical and virtual—complementing and integrating with the traditional affordability and flexibility of our electricity and gas offerings," said Massimo Quaglini, CEO of Edison Energia, in a statement. This acquisition is part of our strategy to strengthen our position in the energy efficiency market, in response to growing demand from households, apartment complexes, and SMEs seeking solutions to reduce energy consumption and costs."
Read also: How much can you save on electricity (and how much did I spend before)
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