Iren, an electric services company, completed the acquisition of SEI Energia, an energy company, from Fineurop Investment Opportunities, a professional investor in the Italian distressed assets' market, for €25m. The acquisition of district heating activities represents a strategic opportunity since it will be possible to increase the existing network by integrating it with the one already active in the Metropolitan Area of the City of Turin by exploiting the heat produced by Iren Energia's cogeneration plants and the TRM waste-to- energy plant, thus obtaining important synergies.