The history of AEM
| Years | Description |
| 1910 | The municipal electrical company (AEM) was founded to participate in and promote development in Milan. |
| from 1920 to 1950 |
The company expanded and consolidated its existing plants in Valtellina and it also built new hydro-electric power plants there. |
| 1960 | Doubled its production capacity and provided the energy required for the economic boom |
| 1980 | Extended its range of services by introducing gas and heating to become the Azienda Energetica Municipale. |
| 1996 | AEM becomes a joint stock company. |
| 1998 | Floated on the Milan Stock Exchange and 49% of the company share capital is floated on the market. |
| 1999 | Following the adoption of the energy markets ordinance, the company is restructured as an industrial group with operative companies in each sector of activity to become a multi-service company. |
| 2000 | Participates in the development of telecommunications laying down an extensive and avant-garde fibre optics network in the city of Milan. |
| 2001 | AEM SPA candidates itself as an private energy pool at national level thanks to its system of strategic alliances with Italian and foreign partners |
| 2002 | Becomes the sole distributor of electricity in the city of Milan thanks to the acquisition of the ENEL network; joints the Edipower spa consortium that becomes the owner of the former GENCO Eurogen |
| 2004 | The Municipality of Milan decides to sell a second tranche of its share capital (17.6%) going below 51% ownership |
| 2005 | Together with the French electric group EDF, acquires joint control of Edison Spa: in addition, purchases 30% of the company, ECODECO |
| 2007 | The merger project with ASM Brescia and AMSA Milano is launched. |
| For further details | htlm |
| The detailed history of AEM Spa |  |
Update at Wed, 22 Jun 2011 11:21
