A2A SpA's (A2A.MI) management board will meet Friday to mandate official talks with Electricite de France SA (EDF.FR) over the companies' control of Edison SpA (EDN.MI), a top official at the Italian municipal utility said Tuesday.

The board will officially appoint General Manager Renato Ravanelli to negotiate with EdF and set the guidelines for the future control of Edison, said Rosario Bifulco, a member of A2A's supervisory board, in Milan.

A2A's supervisory board also discussed how Edison's natural gas-fired plants have gained value, after the Japanese nuclear plant meltdown earlier in the year boosted the growth prospects of gas, Bifulco told reporters.

This means A2A will seek better terms in negotiations with EdF for Edison, Italy's No. 2 electricity and gas company, as part of a preliminary agreement to split the assets up, with the French company taking over Edison.

Friday's board meeting will also set the rules regarding an exit from Edison, said Bifulco.

A2A and EdF have a shareholders' pact that ends on Sept. 15 and have said they aim to reach an agreement by that date.

-By Oscar Bodini, MF-DJ, and Liam Moloney, Dow Jones Newswires; +39 06 6976 6924; liam.moloney@dowjones.com

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