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Fenice and the Russian utility INTER RAO create together a new company in the energy efficiency field.
Fenice, an Italian company owned by EDF, and the Russian utility INTER RAO create together a new company in the energy efficiency field.
During the official visit of Dmitrij Medvedev, the President of Russia, in France, Fenice, an EDF wholly-owned subsidiary , and the Russian utility Inter Rao signed today the foundation agreement of Interenergoeffect, a company equally owned by both parts.
The newborn company, based in Moscow, aims at developing energy saving projects dedicated to the Russian industrial market.
The company’s foundation follows up the framework agreement signed by EDF and INTER RAO during the government summit held in Paris last November; and highlights EDF’s commitment with INTER RAO regarding the energy efficiency program supported by the Russian government.
About INTER RAO
INTER RAO is a Russian energy company 57.3% of which is owned by Rosatom, the public body which runs the nuclear energy sector in Russia. With installed capacity of 18 000 MW, INTER RAO is especially active in the import and export of electricity both in Russia and overseas.
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About FENICE
FENICE, Italian Energy Services Company owned 100% by EDF Group, provides energy and environmental services to industrials and public entities in Italy, Poland and Spain.
Fenice’s turnover in 2008 is 611M€