Gruppo Iren logo — Shaping tomorrow every day

Gruppo Iren

Shaping tomorrow every day

Founded 1905 Italy Italy 3462 employees Post Ipo Debt Total: $200.00M Energy

General Information

Company Name Gruppo Iren
Founded Year 1905
Location Italy Italy +1
Employees 3462
Industries Energy
Funding Stage Post Ipo Debt
Social

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About Gruppo Iren

Gruppo Iren is one of the largest and most dynamic multiutility companies in Italy, operating in the sectors of electricity, thermal energy, gas, and integrated water services, environmental services, and technological services. The company serves a multiregional catchment area, with 8,600 employees and a customer base of around 2 million in the energy sector, 2.8 million inhabitants served in the integrated water, and 3.1 million in the waste cycles. Iren is an eco-friendly electricity producer, with over 73% of its production being environmentally friendly.

The company, founded in 1905, is headquartered in Reggio Emilia, with operational offices in Genoa, Turin, Parma, Piacenza, La Spezia, and Vercelli. The Iren Group comprises the industrial holding company Iren S.p.A. and four fully controlled business companies operating in the energy, water, and waste management sectors.

In June 19, 2024, the company secured a €200.00M post-IPO debt investment from the European Investment Bank. Iren's high level of technological know-how, combined with reliability, innovation, and local roots, enables the company to meet the needs of customers and the public while providing high-quality services across its diverse portfolio of operations.

Taxonomy: Multiutility Company, Energy Sector, Environmental Services, Water Management, District Heating, Waste Management, Eco-Friendly, Technological Services, Integrated Services, Local Roots, Innovation, Reliability, Customer-Centric, Italian Market

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Debt •••••• 1 •••• •••• 19 Jun 2024

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FAQ About Gruppo Iren

Shaping tomorrow every day
Gruppo Iren was founded in 1905.
Gruppo Iren is headquartered in Italy.
Gruppo Iren operates in the following industries: Energy.
Gruppo Iren has approximately 3462 employees.
Gruppo Iren has completed 1 funding round, raising a total of $200.00M. The latest funding stage is Post Ipo Debt.
Top alternatives and competitors to Gruppo Iren include A2A, Hydra Renewable Resources, Avance Metering, Pepco Energy Services, Synergy Consulting, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Gruppo Iren and A2A are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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