December 16, 2024 14:04 GMT
POWER: Italy’s May Extend Power Concessions in Return for Grid Investment
POWER
Italy’s government plans to extend power distribution concessions for Italy’s utilities in return for new investment in the country’s electricity grid infrastructure, an amendment to Italy’s 2025 budget seen by Reuters showed.
- The concessions for Enel, A2A and Acea may be extended by as much as 40 years and are currently set to expire in 2030.
- Italy's parliament is scheduled to approve the budget by the end of December.
68 words