Our business model

Iren ranks at the top of the national multiutilities, strong in its territorial roots, with a prominent position in the different business areas. A balanced mix of regulated and quasi-regulated activities, free activities, and strong integration between upstream and downstream activities particularly in the energy supply chain. 

 

 The IREN Group is active through subsidiaries in five business areas:

 

The business model adopted is diversified and marked by a prominence of regulated or semi-regulated activities amounting to about 70% of Ebitda, which ensures soundness, development prospects and reduced levels of risk.

Company profile

Company profile

Iren every day

The Group operates in a multi-regional catchment area of more than 7 million inhabitants, with more than 9,000 employees, nearly 5 billion Euro in revenues, a portfolio of more than 2 million customers in the energy sector, and a total of nearly 6 million inhabitants served in the water and environmental cycle. 

1st national player

in district heating with 97 mcm volumes

2nd national player

in integrated water service with 3.1 million inhabitants served

3rd national player

in waste collection with 3.1 million inhabitants served and 2.6 tons of waste treated

6th national player

in electricity generation with 2.8 GW of production/generation capacity

5th national player

in supply business with 2 million customers 

Main partner

for local areas and communities

1st national player

in district heating with 97 mcm volumes

2nd national player

in integrated water service with 3.1 million inhabitants served

3rd national player

in waste collection with 3.1 million inhabitants served and 2.6 tons of waste treated

6th national player

in electricity generation with 2.8 GW of production/generation capacity

5th national player

in supply business with 2 million customers 

Main partner

for local areas and communities

Our businesses

We work to empower territories, communities and people to grow. Daily activities are carried out by companies organised into five business units, with the aim of ensuring maximum efficiency and effectiveness: Networks, Waste Management, Energy, Market and Smart Solutions.

Networks

Waste management

Energy

Market

Smart solutions

Networks

Our networks run through three regions, providing residents of large and small municipalities with basic resources such as water, electricity, gas and district heating. Iren is committed to reducing waste of natural and energy resources and respecting biodiversity.

Integrated water service
Iren Group
  • Inhabitants served: 2.319 mln
  • Volumes of water sold: 176 Mm³

 

  • Inhabitants served: 120,623
  • Water sold: 8 Mm³

 

  • Inhabitants served: 1,070,137
  • Water sold: 77.4 Mm³

  • Inhabitants served: 1,128,588
  • Water sold: 90.4 Mm³

Gas distribution
Gruppo Iren
  • Inhabitants served: 1.568 mln
  • Gas distributed: 1,250 Mm³

 

  • Inhabitants served: 55,537
  • Gas distributed: 48.2 Mm³

  • Inhabitants served:  891,988
  • Gas distributed: 861.6 Mm³

  • Inhabitants served: 620,076
  • Gas distributed: 339.8 Mm³

 

Electricity distribution
Gruppo Iren
  • Inhabitants served: 724 thousand
  • E.E. distributed: 3,587 GWh

 

  • Inhabitants served: 595,055
  • E.E. distributed: 2,728 GWh

  • Inhabitants served: 129,251
  • E.E. distributed: 859 GWh

District heating
Gruppo Iren
  • Volumetries: 97 Mm³
  • Distributed heat: 3 TWht

  • Volumetries: 71.3 Mm³
  • Distributed heat: 2,277 GWht

 

  • Volumetries : 21.6 Mm³
  • Distributed heat: 620 GWht

  • Volumetries : 3.7 Mm³
  • Distributed heat: 56 GWh

 

Waste management

Iren, a leader in the circular economy, manages collected waste as a real resource by committing to putting it back into the economy in the form of matter, energy and biogas.

Collection
Iren Group
  • Inhabitants served: 3.2 mln
  • Collected municipal waste: 1,631 Kton

 

  • Inhabitants served: 1.379 mln
  • Collected municipal waste: 620 kton

  • Inhabitants served: 151,000
  • Collected municipal waste: 53 Kton

 

  • Inhabitants served: 214,000
  • Collected municipal waste: 96 Kton

  • Inhabitants served: 1.316 mln
  • Collected municipal waste: 791 Kton3

  • Inhabitants served: 157,000
  • Collected municipal waste: 71 Kton

Disposal plants
Iren Group including UNIECO
  • Total plants: 52 
  • Total capacity: 3,696 kt
     

Main capacities (number of plants)

  • WTE: 815 kt (3)
  • TMB:  471 kt
  • CSS plastic + recycling: 233 kt
  • Forsu treatment-compost: 170 kt
  • Rubbish dump: 798,000 m3

  • 1 WTE: 545 kt
  • 4 Landfills (one of which after exercise): 798,000 m3
  • 12 Selection / treatment plants: 590 kt

  • 1 Selection / treatment plant: 40 kt

  • 6 Selection / treatment plants:428 kt

  • 1 Selection / treatment plant: 100 kt

  • 4 Selection / treatment plants: 277 kt

  • 2 WTE: 270 kt
  • 2 Landfills: post exercise
  • 15 Selection / treatment plants: 1,354 kt

  • 1 Selection / treatment plant: 5 kt

  • 2 Selection / treatment plant: -

  • 1 Selection / treatment plant: 87 kt

Energy

The development of renewables and the flexibilisation of plants through highly efficient technologies and storage enable Iren to play a primary role in the country's energy transition.

Power plants
Iren Group
  • Total hydroelectric power: 628 MWp
  • Total photovoltaic power: 146 MWp
  • Total cogenerative power: 1,264 MW
  • Total thermoelectric power: 855 MW

  • Hydroelectric plants: 473 MWp
  • Photovoltaic systems: 1 MWp
  • CCGT Plants: 1,158 MWp m3

  • Photovoltaic systems: 6 MWp

  • Hydroelectric plants: 21 MWp
  • CCGT Plants: Power: 29 MWp

  • Thermoelectric plant: 855 MWp
  • Photovoltaic systems: 1 MWp

  • Photovoltaic systems: 1 MWp

  • CCGT Plants: 77 MWp
  • Photovoltaic systems: 1MWp

  • Photovoltaic systems: 1 MWp

  • Photovoltaic systems: 127 MWp

  • Hydroelectric plants: 108 MWp

Market

Maximising the level of service quality is the basis of Iren's management of businesses and customers. Iren has the ambition to be the best choice for every stakeholder and therefore has developed a multichannel approach aimed at maximising customer satisfaction.

Retail & Small business customers
Iren Group

Electricity customers: 970,663

Gas customers: 906,152

Contratti:

Smart solutions

Iren partners with local communities to support them in the energy transition through 3 business lines: energy efficiency, electric mobility, and services for territories and communities. Iren puts its effectiveness in managing energy efficiency projects, its expertise in managing complex projects such as the renovation of public buildings, hydrogeological disruption, and specific urban interventions, at the service of local communities.

Our Governance 

Shared rules, extended to subsidiaries, inspire and direct the Group's strategies and activities.

Shareholding structure and shareholders' agreements 

Iren's share capital consists of 1,300,931,377 shares, 53.24% of which held by public shareholders.

Summary Data 

Summary of key financial and operational information.