International Funds Eye Edipower - Shareholder Executive
21 January 2012 - 12:29AM
Dow Jones News
International funds have shown an interest in investing in
Edipower, an Italian regional power producer, an executive at one
of Edipower's shareholders said Friday.
The funds would invest in Edipower by taking part in a reserved
capital increase, said Giuliano Zuccoli, who heads the management
board of A2A SpA (A2A.MI), MF-Dow Jones reports.
A2A is a regional utility that controls a holding company called
Delmi. Delmi is poised to take a 70% stake in Edipower following a
recently brokered deal with Electricite de France SA (EDF.FR).
Under the deal, EDF will take control of power utility Edison
SpA (EDN.MI), while Delmi will take control of Edipower, a division
of Edison.
-By Oscar Bodini, MF-Dow Jones and Gilles Castonguay, Dow Jones
Newswires; +39 02 5821 9908; gilles.castonguay@dowjones.com;
Twitter: @GRCastonguay
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