The sale was carried out through a public call for bids issued by AMG Energia, a municipal energy company responsible for distributing natural gas and providing public lighting service.
With its investment in AMG Gas, Edison doubles the number of its natural gas customers, passing the mark of 300,000 households served; and consolidates its growth objectives, particularly with regard to expanding its share in the residential natural gas market.
Umberto Quadrino, CEO of Edison, said: The new agreement created between Edison and the municipal administration will bring benefits to all citizens of Palermo not only in terms of the supply of natural gas, but also in the residential electric power market, a business in which Edison entered over the past few weeks with a sales package that provides a significant, clear and guaranteed discount.
