Italy Mulls Extending Power Concessions in Exchange for Upgrades

By Alberto Brambilla

Italy Mulls Extending Power Concessions in Exchange for Upgrades

Italy is planning to amend existing legislation on power distribution concessions in exchange for commitments from utilities to upgrade their networks.

Rome will extend accords for as long as 40 years based on companies' infrastructure renewal plans, according to a budget amendment sponsored by parties from Prime Minister Giorgia Meloni's ruling coalition that was seen by Bloomberg.

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