SOURCE: Industrial Info Resources

December 07, 2007 06:27 ET

Italy's Edison Investing $9.1 Billion in Power and Hydrocarbons, an Industrial Info News Alert

JOHANNESBURG, SOUTH AFRICA--(Marketwire - December 7, 2007) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Italian energy utility Edison (OTC:EDIHF) will invest $4.4 billion into the electric power sector over the next five years. Some of the investment will go outside Italy to areas of strategic interest such as Greece, the Balkans and Turkey where projects have already made a reasonable amount of progress. About $1 billion of the investment will go into renewable energy sources.

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