Edison to decide on gas storage sale in next few weeks, CEO says

Acea SpA

13/02/2024 11:08

MILAN, Feb 13 (Reuters) - Italian energy group Edison
 EDNn.MI  has received two offers for its gas storage assets and
will decide whether to sell the business and to whom in the next
few weeks, Chief Executive Nicola Monti said on Tuesday.
    In an interview with Reuters, Monti said Edison was not
interested in splitting the storage assets and sell them to
different buyers, after media reports that Snam  SRG.MI  and
Ascopiave  ASCI.MI  could each buy a portion of Edison's storage
business.
    Asked about the possibility of regional utility ACEA
 ACE.MI  putting on sale its client portfolio, Monti said Edison
 would look at opportunities to acquire new gas and power
customers in Italy.
   

 (Reporting by Francesca Landini and Giancarlo Navach, editing
by Giulia Segreti)
 ((francesca.landini@thomsonreuters.com; +39 02 66129437;
Reuters Messaging: reutersitaly.thomsonreuters@reuters.net))