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Exact(41)
UES, the state electricity firm, is already on the way to being broken up.
ShockingItaly's government sold off a third of Enel, the state-run electricity firm, to private investors.
Now they are owned by French electricity firm EDF Energy and leased via a property company.
It has bought abroad, sucking in Powergen, a British electricity firm with interests in the United States.
For over ten years Suez, a French water and power company, considered merging with Electrabel, a Belgian electricity firm.
The government remains the largest single shareholder in ENI, the big oil company, and Enel, the main electricity firm.
Similar(19)
Iberdrola will now be eyed by other European and American electricity firms.
Electricity firms say demand has fallen in recent days, though not yet by 20%.
Sabotage to the electricity grid cost perhaps $175m last year, as well as blocking privatisation of two electricity firms.
First, it will pay electricity firms to reopen mothballed gas stations, ready to fire up should chilly days require it.
And lightening the tax burden on the state oil and electricity firms, so they can invest more, will be impossible unless the government raises more from other taxes.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com