Edition:
United Kingdom

Iren SpA (IREE.MI)

IREE.MI on Milan Stock Exchange

1.94EUR
4:35pm BST
Change (% chg)

€0.04 (+2.05%)
Prev Close
€1.90
Open
€1.93
Day's High
€1.99
Day's Low
€1.92
Volume
4,135,726
Avg. Vol
1,808,191
52-wk High
€2.74
52-wk Low
€1.89

Latest Key Developments (Source: Significant Developments)

Iren Unit Finalizes Acquisition Of Controlling Stake In Maira
Friday, 28 Sep 2018 

Sept 28 (Reuters) - Iren SpA ::UNIT IREN ENERGIA FINALIZES ACQUISITION OF CONTROLLING STAKE IN MAIRA.DEAL ENVISAGES EXERCISE OF PUT/CALL OPTION TO BUY 60 PERCENT OF ALPEN 2.0.  Full Article

Iren SpA Sees Net Profit Of Around 300 Million Euro In 2023
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - Iren SpA ::SAYS ANNOUNCES BUSINESS PLAN FOR 2018-2023.SAYS SEES EBITDA OF 1,020 MILLION EURO IN 2023, + 200 MILLION EUROS COMPARED TO 2017.SAYS SEES NET PROFIT AROUND 300 MILLION EURO IN 2023.SAYS EXPECTED DIVIDEND 8.4 EURO CENTS/SHARE (+20%) IN 2018.AS OF 2019, AN AVERAGE DIVIDEND PAY-OUT RATIO OF 50% IS FORECAST.  Full Article

Iren Unit Finalizes Acquisition Of Spezia Energy Trading
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Iren SpA ::UNIT FINALIZES ACQUISITION OF SPEZIA ENERGY TRADING.  Full Article

Iren Reports HY Net Profit Of 187.2 Mln Euros
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - Iren SpA ::H1 REVENUES OF 1,937 MILLION EUROS VERSUS 1,813.5 MILLION EUROS AT H1 2017.HY EBITDA OF 505.8 MILLION EUROS (+14.4% AGAINST 442.3 MILLION EUROS AT 30/06/2017).HY GROUP NET PROFIT OF 187.2 MILLION EUROS (+29.2% AGAINST 144.8 MILLION EUROS AT 30/06/2017).HY EBIT OF 315.3 MILLION EUROS (+22.7% COMPARED TO 256.9 MILLION EUROS AT 30/06/2017).  Full Article

FSU Says EGM Of Shareholders Approved Partial Non-Proportional Asymmetrical Demerger Of FSU With FCT Holding SPA As Beneficiary
Thursday, 10 May 2018 

May 10 (Reuters) - FINANZIARIA SVILUPPO UTILITIES: :FINANZIARIA SVILUPPO UTILITIES SAYS EGM OF SHAREHOLDERS APPROVED PARTIAL NON-PROPORTIONAL ASYMMETRICAL DEMERGER OF FSU WITH FCT HOLDING S.P.A. AS BENEFICIARY.  Full Article

Iren: Closing Of Business Combination Between Iren And Acam Group
Wednesday, 11 Apr 2018 

April 11 (Reuters) - Iren SpA ::SAYS ANNOUNCES CLOSING OF BUSINESS COMBINATION BETWEEN IREN AND ACAM GROUP.SAYS ALSO ACAM, ACAM ACQUE S.P.A. AND ACAM AMBIENTE S.P.A. HAVE ARRANGED TO FULLY REPAY DEBTS OF EURO 130,326,104.21.  Full Article

Iren And Municipality Of Turin Sign Prelim. Agreement On Gradual Repayment Of Liabilities​
Thursday, 29 Mar 2018 

March 29 (Reuters) - IREN SPA ::SIGNS PRELIMINARY AGREEMENT MUNICIPALITY OF TURIN.AGREEMENT REGULATES GRADUAL REPAYMENT OF OUTSTANDING DEBTS OF MUNICIPALITY OF TURIN TO IREN GROUP COMPANIES.  Full Article

Iren Announces Undersigning Of Investment Agreement By Residual ACAM Shareholders
Monday, 22 Jan 2018 

Jan 22(Reuters) - IREN SPA ::SAID ON SATURDAY THAT IN RELATION TO BUSINESS COMBINTION BETWEEN IREN AND ACAM, THE MUNICIPALITIES OF BONASSOLA, DEIVA MARINA, PIGNONE, LERICI AND PORTOVENERE, ACAM SHAREHOLDERS, REPRESENTING 8.69% OF ACAM’S SHARE CAPITAL, HAVE UNDERSIGNED THE INVESTMENT AGREEMENT.MUNICIPALITIES UNDERTAKE, SUBJECT TO THE OCCURRENCE OF THE RELATED CONDITIONS PRECEDENT, TO SELL TO IREN ALL THE ACAM SHARES THEY OWN, REPRESENTING OVERALL 8.96% OF ACAM’S SHARE CAPITAL.MUNICIPALITIES OF BONASSOLA, DEIVA MARINA AND PIGNONE, JOINTLY REPRESENTING 1.24% OF ACAM’S SHARE CAPITAL HAVE FURTHER UNDERTAKEN TO SUBSCRIBE AND PAY IN MONEY, SIMULTANEOUSLY UPON THE SALE, A STAKE(EQUAL TO 344,592 IREN SHARES) OF THE SHARE CAPITAL INCREASE RESERVED TO THEM.  Full Article

Iren Awarded 4 Lots Of Consip Tender For Supply Of Electricity To Public Administration
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Iren Spa ::AWARDED 4 LOTS OF THE CONSIP TENDER FOR THE SUPPLY OF ELECTRICITY TO THE PUBLIC ADMINISTRATION.CONSIP EE15 TENDER FOR A TOTAL SUPPLY IS ESTIMATED AT 365 MILLION EUROS IN TERMS OF REVENUES.  Full Article

Iren's Board Approves Reserved Share Capital Increase Linked To Iren/ACAM Business Combination
Friday, 29 Dec 2017 

Dec 29 (Reuters) - IREN SPA ::BOARD APPROVES RESERVED SHARE CAPITAL INCREASE LINKED TO BUSINESS COMBINATION BETWEEN IREN AND ACAM S.P.A..TO INCREASING SHARE CAPITAL OF COMPANY BY PAYMENT, IN TRANCHES, FOR MAXIMUM AMOUNT, IN NOMINAL VALUE, OF EUR 27.7 MILLION.THE SUBSCRIPTION PRICE HAS BEEN FIXED AT EUR 2.13 FOR EACH NEWLY ISSUED “IREN S.P.A.” ORDINARY SHARE.NEWLY ISSUED SHARES TO BE INTENDED EXCLUSIVELY FOR SUBSCRIPTION, TILL MAY 31, 2018, BY ACAM’S PUBLIC ENTITY SHAREHOLDERS.  Full Article

Italy - Factors to watch on Sept. 27

The following factors could affect Italian markets on Thursday.