Iride reshuffles its water portfolio
- From: Vol 11, Issue 6 (June 2010)
- Category: General
- Region: Europe
- Country: Italy
- Related Companies: Iride
A new injection of capital should enable Iride to expand its operations in northern Italy. The deal involves the de-listing of Mediterranea delle Acque.
Italian water operator Iride Acqua Gas and investment fund F2i SGR have set up a new company, San Giacomo, which aims to further Iride’s expansion plans in the north of Italy by becoming a major player in the water and wastewater sector.
At the core of the new company will be the operations of Mediterranea delle Acque, the €130 ...
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