A2A Strengthens Milan's Heating Network with Edison Deal

Deal News | Apr 01, 2025 | Finance Community IT - 1 Corporate M&A

A2A Strengthens Milan's Heating Network with Edison Deal

A2A, through its subsidiary A2A Calore & Servizi, has acquired the entire share capital of a newly established company from Edison. This company holds the business unit related to a cogeneration plant in Sesto San Giovanni. PwC played a crucial role as advisors in this strategic acquisition, providing support through a multidisciplinary team led by senior figures like Gianpaolo Chimenti and Edoardo Scornajenghi. This acquisition aims to integrate vertically the production and distribution of energy within A2A's portfolio, enhancing the efficiency and expansion of the district heating network servicing key areas including Sesto San Giovanni, Cinisello Balsamo, and Milan's Bicocca zone. The newly acquired plant boasts an installed capacity of approximately 110 MW, contributing to A2A's goal of expanding their energy generation and distribution capabilities in the Milan metropolitan area.

Sectors

  • Energy Utilities
  • Mergers & Acquisitions

Geography

  • Italy – The acquisition involves A2A and Edison, both Italian companies, and the plant is located in Sesto San Giovanni, affecting energy distribution in parts of Lombardy.

Industry

  • Energy Utilities – The main focus of the article is on the acquisition of an energy generation facility, which plays a crucial role in A2A’s strategy to integrate energy production and distribution.
  • Mergers & Acquisitions – The article discusses a significant corporate transaction involving the acquisition of a cogeneration plant by A2A from Edison.

Financials

  • 110 MW – The installed capacity of the cogeneration plant acquired by A2A.

Participants

NameRoleTypeDescription
A2ABuyerCompanyA leading Italian energy company focusing on sustainable development through clean energy solutions.
EdisonSellerCompanyAn Italian energy company active in the development of electricity and natural gas infrastructures.
PwCLegal and Financial AdvisorCompanyA multinational professional services network providing consulting services, including mergers & acquisitions advisory.