$IRE (-0.44%) The outcome of the capacity market's parent auction for delivery year 2026 confirmed for Iren, multiservices listed on Euronext Milan, as was already the case for delivery years 2022-23-24-25, the allocation of 100 percent of the offered capacity. Specifically, bids were accepted bids for 2,047 MW of existing capacity in the Northern area, valued at the price of 46,000 €/MW/year.

The result "enhances the value of the electricity generation assets of the Group - especially the thermoelectric, cogeneration and programmable hydro plants - contributing to the investment program aimed at the flexibility and efficiency of the generation fleet, in the path towards energy transition," reads a note.