Leading Italian player accelerates its investments in infrastructure for the decarbonization of urban centers

Deal Flash

E-Distribuzione S.p.A. has reached an agreement with A2A S.p.A. regarding electricity distribution in Northern Italy.

E-Distribuzione S.p.A., a subsidiary of Enel S.p.A., has sold 90% of the Duereti S.r.l. share capital to A2A.

Duereti S.r.l. is a new corporate vehicle benefiting from the transfer of electricity distribution activities by E-Distribuzione S.p.A. in the municipalities of Milan and Brescia in Lombardy.

Enel S.p.A., headquartered in Italy and listed on the Italian Stock Exchange, is a multinational energy company and one of the largest power providers in the world. It operates in over 30 countries, generating and distributing electricity to millions of customers across Europe, North America, Latin America, Africa and Asia. Enel focuses heavily on renewable energy, including wind, solar and hydroelectric power, making it a leader in sustainable energy transitions.

With the completion of this acquisition, the largest in the sector in Italy, A2A Group has increased its managed electricity meters by 70% — with a growth in its network by 17,000 km in the regions of Milan and Brescia — and foresees additional investments in distribution, which will exceed US$4 billion overall by 2035. RENATO MAZZONCINI, CEO, A2A S.P.A. ITALY

Oaklins ensures a smooth transaction with financial expertise and guidance

Oaklins’ team in Italy worked tirelessly towards the success of this transaction, acting as the financial advisor to Enel and E-Distribuzione S.p.A. and supporting the boards of directors with a fairness opinion.

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