Reggiane Spa is the company incorporated by the Municipality of Reggio Emilia and IREN Rinnovabili (a company of IREN Group, one of the top five multi-utilities in Italy) for the purpose of developing and boosting Parco Innovazione, a new European hub at the service of businesses and research, currently made up of Reggio Emilia Technopole (technical hub for industrial research and technology transfer) and Loris Malaguzzi International Centre, the research laboratory of the education system in Reggio Emilia.