Edison CEO Says Ready to Relist If Parent EDF Decides in Favor
(Bloomberg) -- Electricite de France SA’s Italian unit, Edison SpA, is ready to return to the public market if its French parent approves a plan to relist through an initial public offering.
“I believe there’s no doubt EDF will keep considering its participation in the Italian market as strategic,” Edison’s Chief Executive Officer Nicola Monti said on the sidelines of the Ambrosetti Forum in Cernobbio, Italy, an annual gathering of Italy’s business and political elite on the shores of Lake Como. “I believe in the coming month they will think on whether to pursue an IPO.”
“If there’s any discussion along these lines, we’re ready,” Monti also said.
EDF is considering a relisting of Edison, as it faces mounting capital expenditure on its nuclear projects in its home country, people familiar with the matter told Bloomberg this week. The French utility may also opt to sell part or all of its Italian subsidiary in a deal, the people said.
Edison was listed on the Milan stock exchange until 2012, when EDF took control of the firm following a mandatory bid for the minority shareholders. It reported revenue of €9.4 billion ($11 billion) in the first half of 2025, up from €7.3 billion in the year-earlier period.
French nuclear giant EDF, which is grappling with this year’s drop in regulated power tariffs in France and continued investment in UK nuclear projects, has unveiled a plan to save €1 billion on general costs by 2030.
Edison has been generating electricity since 1883.
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