One of the most established companies in the European energy market, Edison has recently regained attention thanks to its growing cooperation with Türkiye. In particular, the memorandum of understanding on natural gas and liquefied natural gas (LNG) cooperation signed with BOTAŞ, the oil and natural gas pipeline operator of the Turkish state, on May 22, has brought the company’s importance not only in commercial terms but also in geopolitical terms back to the agenda. However, to understand Edison, one must look not only at its current activities but also at its historical development and ownership structure.
Italian, French at same time
Founded in 1884, Edison is one of Italy’s oldest energy companies. The company initially operated in electricity generation and distribution, and over time evolved into an integrated energy company active in natural gas trading, LNG, renewable energy and energy services. Having played an important role in Italy’s industrialization process since its foundation, Edison has long been considered one of the flagship companies of the country’s energy sector.
To understand Edison’s current structure, its ownership structure must be examined. At this point, the question arises: Is Edison Italy’s Energy Giant or France’s Strategic Instrument?
