Edison SpA is an energy company headquartered in Milan, Italy in the power and natural gas sector. The company was established in 1884. Now, the company has approximately 4,000 employees in Europe, Africa and the Middle East.
Edison’s main business is the production and sale of electricity and natural gas. Subsidiaries are located in Europe, Africa and the Middle East.
Edison is the second largest electricity producer in Italy (accounting for about 15% of electricity generation) and Greece (about 12% of electricity generation). It operates in Greece through its subsidiary Elpedison (holding a 38% stake) and develops the Greek-Italian pipeline project with DEPA.
Edison’s hydrocarbon business includes exploration, production and distribution of natural gas and crude oil. As of 2010, the company has 80 hydrocarbon concessions and 52.8 billion cubic meters (1.86 trillion cubic feet) of hydrocarbon reserves licenses.
The CEO of Edison is Bruno Lescoeur, the chairman is Jean-Bernard Lévy, and the parent company is EDF.
In 2014, Edison had revenues of 12.325 billion euros, operating income of 841 million euros, net income of 40 million euros, and a total of 3,100 employees.
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