Mazzoncini (A2A): “We are not interested in taking over utilities at risk”

“We are not interested in taking over” small utilities “at risk of default” because “if they stop operating, their customers simply turn to operators on the market”. And therefore “we have no reason to detect them”. Thus A2A CEO Renato Mazzoncini, on the sidelines of the presentation of the sixth Milan Territorial Sustainability Report of the multiutility, underway in Milan. On the problem of ‘margin calls’, that is the guarantees necessary today for purchases linked to the increase in methane prices, Mazzoncini clarifies: “Margin calls are a problem that the whole sector has when working on trading platforms. , it is another element that drains liquidity. If you are a large and structured company like a2a you are able to cope with the capital increase that is drained from the platforms, if you are a smaller and more fragile entity you risk not going forward. to work”.