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Edison CEO: Italy's Edison is ready to list in the event EDF goes ahead with its plan

Edison is willing to return to the Milan Stock Exchange if its parent company EDF in France decides so, said the CEO of the Italian Energy Group on Saturday.

State-owned EDF, under the leadership of its new CEO Bernard Fontana has begun reviewing its assets in order to raise money to meet government requirements to stimulate investments in new reactors.

Edison CEO Nicola Monti said to reporters at the annual TEHA forum: "At EDF they have a brand new management, and are reviewing their options... if that review also includes Italy, then we are prepared."

Monti stated that the group already has the corporate structure in place to allow its shares to be traded publicly. EDF, for example, kept Edison's savings share listed on the Milan Stock Exchange when it took full control in 2012.

The CEO confirmed that any listing of ordinary shares will also be held in Milan. He added that he was certain EDF would consider such a move, even though no advisors have yet been hired.

Monti stated that Edison would need to hire its advisor if EDF decided to move forward with the project.

Edison reported revenues last year of 15,4 billion euros ($18.3 billion) and core profits of 1.7 billion euro. ($1 = 0.8542 euro) (Reporting and editing by Francesca Landini)

(source: Reuters)