Prince Albert II and Princess Charlene inaugurated the new headquarters of Monaco’s electricity and gas company, SMEG, on Wednesday 15th October, in a ceremony attended by government officials, company representatives, and notable figures from across the Principality.

Now officially named Immeuble SMEG, the 10-storey building spans 12,000 square metres and marks a major new chapter for the company, which celebrates its 135th anniversary this year. The new site will house SMEG’s operational teams, as well as private tenants and several government departments.

Speaking at the event, Thomas Battaglione, CEO of SMEG, welcomed Their Serene Highnesses and underscored the significance of the building not only as a modern workspace, but as a symbol of the company’s long-standing role in Monaco’s infrastructure.

This latest inauguration also holds historical resonance. It comes more than 35 years after the original SMEG headquarters was opened by Prince Rainier III, who was joined at the time by then–Hereditary Prince Albert. The moment was recalled during the ceremony as a reminder of the continuity between generations and the evolution of public service in the Principality.

The new building is part of a broader effort to modernise public infrastructure while meeting current environmental and efficiency standards, in line with Monaco’s long-term energy strategy.

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Main photo credit: Frédéric Nebinger, Prince’s Palace