Edison S.p.A is an energy company in the field of electricity and natural gas. The company was established in 1884. Edison employs about 4,000 people in Europe, Africa and the Middle East. The company’s controlling shareholder is Electricité de France with 99.4% of the capital. Edison is the second largest power producer in Italy (about 15% of national output) and in Greece (about 12% of national output). It operates in Greece through subsidiary Elpedison (38% interest, a joint venture between Edison, Hellenic Petroleum and Ellaktor. Together with DEPA, it develops the Greece–Italy pipeline project. Hydrocarbons operations include exploration, production and distribution of natural gas and crude oil. As of 2010, Edison owned 80 hydrocarbons concessions and permits with hydrocarbons reserves of 52.8 billion cubic metres (1.86 trillion cubic feet). In 2017, Edison covered 22% of gas import and 6% of gas production in Italy.