About Iren Group
Iren Group is a publicly listed company based in Reggio Emilia (Italy) founded in 1905. Integrated utility services in energy, water, and waste are provided. Iren Group has completed 3 acquisitions, including Agrovoltaica, Alegas and Re Mat. Its chief executive, as recorded, is Massimiliano Bianco. Its website gruppoiren.it draws about 1.1 million monthly visits. Iren Group offers products and services including Energy Services, Water Services, and Waste Management. Its focus areas include Waste & Water Management, Wastewater Management and Integrated Provider. Its legal entity is Iren S.p.A.
Company details
Iren Group was founded in 1905 and is headquartered in Reggio Emilia, Italy. Operations are conducted in the utilities sector, encompassing electricity and gas supply, district heating, potable water distribution, wastewater treatment, and waste collection and processing. A diversified model is maintained, with emphasis on regulated activities, alongside investments in renewable energy and efficiency technologies. Services support community infrastructure and environmental goals across Italy.
- Annual Revenue$7.56 B (USD)8.14as on Dec 31, 2025
- Net Profit$353.15 M (USD)11.95as on Dec 31, 2025
- EBITDA$1.32 B (USD)2.39as on Dec 31, 2025
- Latest Funding Round$187.52K (USD), Grant
Nov 2021
- Investors
- Investments & AcquisitionsAgrovoltaica
& 2 more
Products & Services of Iren Group
Iren Group offers a comprehensive portfolio of products and services, including Energy Services, Water Services, and Waste Management.
Provision of electricity and gas to consumers and businesses
Supply and treatment of water in urban areas
Collection and recycling of municipal waste
Apps and channels of Iren Group
Iren Group publishes 2 mobile apps with over 1M+ downloads; its YouTube channel Gruppo Iren has 2.33K subscribers and 30 videos.
Videos from Iren Group
The most watched videos on Iren Group's YouTube channel, Gruppo Iren (2.33K subscribers). Click a video to play it here.
More on Gruppo Iren.
Funding Insights of Iren Group
- Total Rounds 14
- Last Round Grant — $187,525
- First Round $488,682
(Jan 2015)
- Investors Count 1
Latest 10 of 14 funding rounds of Iren Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2021 | $187,525 | Grant | – | – | |
| Dec 2020 | $234,795 | Grant | – | – | |
| Sep 2020 | $346,356 | Grant | – | – | |
| Jan 2020 | $305,289 | Grant | – | – | |
| Jul 2019 | Grant | – | – | ||
| Jun 2019 | $370,942 | Grant | – | – | |
| Apr 2018 | $230,878 | Grant | – | – | |
| Nov 2017 | $352,330 | Grant | – | – | |
| Sep 2017 | $696,829 | Grant | – | – | |
| Nov 2016 | $210,034 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Iren Group
Iren Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Iren Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Iren Group
16 people are tracked at Iren Group (4 in leadership, 12 in board & advisors).
| Name | Role | Group |
|---|---|---|
Massimiliano Bianco | CEO | Leadership |
Moris Ferretti | VP | Leadership |
Gianni Vittorio Armani | CEO | Leadership |
Marco Bocca | Head of Public Affairs | Leadership |
Sonia Maria Margherita Cantoni | Director | Board & advisors |
Alessandro Giglio | Director | Board & advisors |
Geneva Virginia Lombardi | Director | Board & advisors |
Maurizio Irrera | Director | Board & advisors |
Cristiano Lavaggi | Director | Board & advisors |
Gianluca MicConi | Director | Board & advisors |
Pietro Paolo Giampellegrini | Director | Board & advisors |
Enrica Maria Ghia | Director | Board & advisors |
Giacomo Malmesi | Director | Board & advisors |
Francesca Grasselli | Director | Board & advisors |
Licia Soncini | Director | Board & advisors |
Tiziana Merlino | Director | Board & advisors |
Complete people profiles for Iren Group
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Iren Group
Iren Group is a publicly listed company on the MIL with ticker symbol IRE in Italy, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date14 Nov 2000
- Listed onEuronext: IRE
- Listed entityIren S.p.A.
- Exchange sectorUtilities
- ISINIT0003027817
- Share price2.45 EUR (+1.07% on the day) · 2026-10-14
- Market capitalisation3,105,043,548.00 EUR
- Price to earnings10.5
- EPS (diluted, trailing year)0.23 EUR
- Dividend yield5.73%
- Volume (last session)689,202
Financials of Iren Group
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 6.43B EUR | 300.6M EUR | 1.12B EUR |
| 2024 | 5.94B EUR | 268.5M EUR | 1.09B EUR |
| 2023 | 6.35B EUR | 254.8M EUR | 942.8M EUR |
| 2022 | 7.70B EUR | 226.0M EUR | 835.9M EUR |
| 2021 | 4.88B EUR | 303.2M EUR | 887.2M EUR |
Detailed financial statements for Iren Group
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Iren Group
Iren Group has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Agrovoltaica, Alegas and Re Mat.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Integration of agriculture and photovoltaic solar energy is provided. | agrovoltaicasrl.tcc.mode | Rovigo, Italy | 0 | Jul 2024 | •••• | |
Waste furniture and mattress recycling services are provided. | re-mat.it | Nichelino, Italy | 2018 | Jun 2023 | $3.81M | |
Provider of electricity and natural gas to residential and business customers | alegas.it | Italy | 2003 | Apr 2022 | •••• |
Complete acquisition details for Iren Group
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Iren Group
7 dated milestones of Iren Group across 119 years, from founding to its latest funding, stage changes and deals.
- Founded Iren Group is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $489K.
- Funding Latest funding round, Grant, of $188K.
- Acquisition Acquires Alegas.
- Acquisition Acquires Re Mat.
- Acquisition Acquires Agrovoltaica.
Web traffic of Iren Group
The website of Iren Group (gruppoiren.it) receives about 1.1M visits a month and ranks #40,143 among all websites worldwide, #2,553 in Financial Planning and Management.
- Monthly visits1.1M
▼ 1.8% vs previous month
- Unique visitors393.4K
per month
- Global rank#40,143
among all websites
- Category rank#2,553
Finance · Financial Planning and Management
- Bounce rate21%
- Pages per visit5.2
- Average visit4 min 04 sec
- DevicesDesktop 50% · Mobile 50%
Websites whose visitors overlap most with Iren Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
irenlucegas.it | irenlucegas.it | 100% | #120,701 | – | |
beiren.it | beiren.it | 70% | #596,205 | – | |
irenyou.firebaseapp.com | irenyou.firebaseapp.com | 69% | #786,775 | – | |
seviren.it | seviren.it | 65% | #927,722 | – | |
irenmercato.it | irenmercato.it | 64% | #9,053,321 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Iren Group
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Iren Group
Complete news archive for Iren Group
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Iren Group
Iren Group was founded in 1905 and raised its 1st funding round 110 years after it was founded.
Iren Group is headquartered in Reggio Emilia, Italy. It is registered at Reggio Emilia, Emilia-romagna, Italy.
Massimiliano Bianco is the CEO of Iren Group, as recorded in our data.
Annual revenue of Iren Group is $7.56B as on Dec 31, 2025.
Iren Group was founded in 1905 and is headquartered in Reggio Emilia, Italy. Operations are conducted in the utilities sector, encompassing electricity and gas supply, district heating, potable water distribution, wastewater treatment, and waste collection and processing. A diversified model is maintained, with emphasis on regulated activities, alongside investments in renewable energy and efficiency technologies. Services support community infrastructure and environmental goals across Italy.
Iren Group offers Energy Services, Water Services, and Waste Management.
Yes, Iren Group is publicly traded on MIL under the ticker symbol IRE.
Iren Group has made 3 acquisitions, including Agrovoltaica, Alegas, and Re Mat.
Iren Group has 1 investor. Key investors include European Union.
Iren Group operates through Iren S.P.A..
Yes. Iren Group publishes IrenYou and 1 more app, with over 1 million downloads.
The website of Iren Group receives about 1.1 million visits a month and ranks #40,143 among all websites worldwide.