<?xml version="1.0" encoding="utf-8"?>
<linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://www.xbrl.org/2003/linkbase">
  <labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended" xmlns:xlink="http://www.w3.org/1999/xlink">
    <loc xlink:type="locator" xlink:href="815600BACF507EC30687-2024-12-31.xsd#aedes_StatementOfFinancialPositionTable" xlink:label="aedes_StatementOfFinancialPositionTable" />
    <loc xlink:type="locator" xlink:href="815600BACF507EC30687-2024-12-31.xsd#aedes_StatementOfFinancialPositionLineItems" xlink:label="aedes_StatementOfFinancialPositionLineItems" />
    <loc xlink:type="locator" xlink:href="815600BACF507EC30687-2024-12-31.xsd#aedes_IssuedCapitalNonControllingInterests" xlink:label="aedes_IssuedCapitalNonControllingInterests" />
    <loc xlink:type="locator" xlink:href="815600BACF507EC30687-2024-12-31.xsd#aedes_RetainedEarningsProfitLossForReportingPeriodNonControllingInterests" xlink:label="aedes_RetainedEarningsProfitLossForReportingPeriodNonControllingInterests" />
    <loc xlink:type="locator" xlink:href="815600BACF507EC30687-2024-12-31.xsd#aedes_ProfitOrLossTable" xlink:label="aedes_ProfitOrLossTable" />
    <loc xlink:type="locator" xlink:href="815600BACF507EC30687-2024-12-31.xsd#aedes_ProfitOrLossLineItems" xlink:label="aedes_ProfitOrLossLineItems" />
    <loc xlink:type="locator" xlink:href="815600BACF507EC30687-2024-12-31.xsd#aedes_CostiPerMateriePrimeEServizi" xlink:label="aedes_CostiPerMateriePrimeEServizi" />
    <loc xlink:type="locator" xlink:href="815600BACF507EC30687-2024-12-31.xsd#aedes_SvalutazioniEAccantonamenti" xlink:label="aedes_SvalutazioniEAccantonamenti" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:label="ifrs-full_ProfitLossAttributableToOwnersOfParent" />
    <loc xlink:type="locator" xlink:href="815600BACF507EC30687-2024-12-31.xsd#aedes_ProventiNettiDaCessioniDiImmobili" xlink:label="aedes_ProventiNettiDaCessioniDiImmobili" />
    <loc xlink:type="locator" xlink:href="815600BACF507EC30687-2024-12-31.xsd#aedes_InteressiPagatiIncassati" xlink:label="aedes_InteressiPagatiIncassati" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities" />
    <loc xlink:type="locator" xlink:href="815600BACF507EC30687-2024-12-31.xsd#aedes_DecrementiDiInvestimentiImmobiliariEAltreImmobilizzazioniMateriali" xlink:label="aedes_DecrementiDiInvestimentiImmobiliariEAltreImmobilizzazioniMateriali" />
    <loc xlink:type="locator" xlink:href="815600BACF507EC30687-2024-12-31.xsd#aedes_FlussiDiCassaDerivantiDaIncrementiEDecrementiDiPartecipazioni" xlink:label="aedes_FlussiDiCassaDerivantiDaIncrementiEDecrementiDiPartecipazioni" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities" />
    <loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" />
    <loc xlink:type="locator" xlink:href="815600BACF507EC30687-2024-12-31.xsd#aedes_DescriptionOfAccountingPolicyForSalesOfInvestmentProperty" xlink:label="aedes_DescriptionOfAccountingPolicyForSalesOfInvestmentProperty" />
    <loc xlink:type="locator" xlink:href="815600BACF507EC30687-2024-12-31.xsd#aedes_DisclosureOfNetFinancialPositionExplanatory" xlink:label="aedes_DisclosureOfNetFinancialPositionExplanatory" />
    <loc xlink:type="locator" xlink:href="815600BACF507EC30687-2024-12-31.xsd#aedes_DisclosureOfSignificantEventExplanatory" xlink:label="aedes_DisclosureOfSignificantEventExplanatory" />
    <labelArc xlink:type="arc" xlink:from="aedes_StatementOfFinancialPositionTable" xlink:to="label_aedes_StatementOfFinancialPositionTable" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="aedes_StatementOfFinancialPositionLineItems" xlink:to="label_StatementOfFinancialPositionLineItems" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="aedes_IssuedCapitalNonControllingInterests" xlink:to="label_aedes_aedesIssuedCapitalNonControllingInterests_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="aedes_RetainedEarningsProfitLossForReportingPeriodNonControllingInterests" xlink:to="label_aedes_aedesRetainedEarningsProfitLossForReportingPeriodNonControllingInterests_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="aedes_ProfitOrLossTable" xlink:to="label_aedes_ProfitOrLossTable" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="aedes_ProfitOrLossLineItems" xlink:to="label_ProfitOrLossLineItems" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="aedes_CostiPerMateriePrimeEServizi" xlink:to="label_aedes_aedesCostiPerMateriePrimeEServizi_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="aedes_SvalutazioniEAccantonamenti" xlink:to="label_aedes_aedesSvalutazioniEAccantonamenti_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:to="label_aedes_ifrs-fullProfitLossAttributableToOwnersOfParent_Total" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="aedes_ProventiNettiDaCessioniDiImmobili" xlink:to="label_aedes_aedesProventiNettiDaCessioniDiImmobili_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="aedes_InteressiPagatiIncassati" xlink:to="label_aedes_aedesInteressiPagatiIncassati_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="label_aedes_ifrs-fullCashFlowsFromUsedInOperatingActivities_Total" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="aedes_DecrementiDiInvestimentiImmobiliariEAltreImmobilizzazioniMateriali" xlink:to="label_aedes_aedesDecrementiDiInvestimentiImmobiliariEAltreImmobilizzazioniMateriali_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="aedes_FlussiDiCassaDerivantiDaIncrementiEDecrementiDiPartecipazioni" xlink:to="label_aedes_aedesFlussiDiCassaDerivantiDaIncrementiEDecrementiDiPartecipazioni_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="label_aedes_ifrs-fullCashFlowsFromUsedInInvestingActivities_Total" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="label_aedes_ifrs-fullCashFlowsFromUsedInFinancingActivities_Total" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:to="label_aedes_ifrs-fullIncreaseDecreaseInCashAndCashEquivalents_Total" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="aedes_DescriptionOfAccountingPolicyForSalesOfInvestmentProperty" xlink:to="label_aedes_aedesDescriptionOfAccountingPolicyForSalesOfInvestmentProperty_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="aedes_DisclosureOfNetFinancialPositionExplanatory" xlink:to="label_aedes_aedesDisclosureOfNetFinancialPositionExplanatory_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="aedes_DisclosureOfSignificantEventExplanatory" xlink:to="label_aedes_aedesDisclosureOfSignificantEventExplanatory_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <label xlink:label="label_aedes_StatementOfFinancialPositionTable" id="aedes_StatementOfFinancialPositionTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Prospetto della situazione patrimoniale-finanziaria consolidata5 [table]</label>
    <label xlink:label="label_StatementOfFinancialPositionLineItems" id="StatementOfFinancialPositionLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Prospetto della situazione patrimoniale-finanziaria consolidata5 [line items]</label>
    <label xlink:label="label_aedes_aedesIssuedCapitalNonControllingInterests_Standard" id="aedes_aedesIssuedCapitalNonControllingInterests_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Patrimonio netto di terzi</label>
    <label xlink:label="label_aedes_aedesRetainedEarningsProfitLossForReportingPeriodNonControllingInterests_Standard" id="aedes_aedesRetainedEarningsProfitLossForReportingPeriodNonControllingInterests_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Risultato del periodo di competenza dei terzi</label>
    <label xlink:label="label_aedes_ProfitOrLossTable" id="aedes_ProfitOrLossTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Conto economico consolidato6 [table]</label>
    <label xlink:label="label_ProfitOrLossLineItems" id="ProfitOrLossLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Conto economico consolidato6 [line items]</label>
    <label xlink:label="label_aedes_aedesCostiPerMateriePrimeEServizi_Standard" id="aedes_aedesCostiPerMateriePrimeEServizi_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Costi per materie prime e servizi</label>
    <label xlink:label="label_aedes_aedesSvalutazioniEAccantonamenti_Standard" id="aedes_aedesSvalutazioniEAccantonamenti_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Svalutazioni e accantonamenti</label>
    <label xlink:label="label_aedes_ifrs-fullProfitLossAttributableToOwnersOfParent_Total" id="aedes_ifrs-fullProfitLossAttributableToOwnersOfParent_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="it">di cui Utile/(Perdita) di competenza del Gruppo</label>
    <label xlink:label="label_aedes_aedesProventiNettiDaCessioniDiImmobili_Standard" id="aedes_aedesProventiNettiDaCessioniDiImmobili_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Proventi netti da cessioni di immobili</label>
    <label xlink:label="label_aedes_aedesInteressiPagatiIncassati_Standard" id="aedes_aedesInteressiPagatiIncassati_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Interessi (pagati)/incassati</label>
    <label xlink:label="label_aedes_ifrs-fullCashFlowsFromUsedInOperatingActivities_Total" id="aedes_ifrs-fullCashFlowsFromUsedInOperatingActivities_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="it">Flusso finanziario dell'attività operativa</label>
    <label xlink:label="label_aedes_aedesDecrementiDiInvestimentiImmobiliariEAltreImmobilizzazioniMateriali_Standard" id="aedes_aedesDecrementiDiInvestimentiImmobiliariEAltreImmobilizzazioniMateriali_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Decrementi di investimenti immobiliari e altre immobilizzazioni materiali</label>
    <label xlink:label="label_aedes_aedesFlussiDiCassaDerivantiDaIncrementiEDecrementiDiPartecipazioni_Standard" id="aedes_aedesFlussiDiCassaDerivantiDaIncrementiEDecrementiDiPartecipazioni_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">Incrementi di investimenti immateriali e diritti d'uso</label>
    <label xlink:label="label_aedes_ifrs-fullCashFlowsFromUsedInInvestingActivities_Total" id="aedes_ifrs-fullCashFlowsFromUsedInInvestingActivities_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="it">Flusso finanziario dell'attività d'investimento</label>
    <label xlink:label="label_aedes_ifrs-fullCashFlowsFromUsedInFinancingActivities_Total" id="aedes_ifrs-fullCashFlowsFromUsedInFinancingActivities_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="it">Flusso finanziario dell'attività di finanziamento</label>
    <label xlink:label="label_aedes_ifrs-fullIncreaseDecreaseInCashAndCashEquivalents_Total" id="aedes_ifrs-fullIncreaseDecreaseInCashAndCashEquivalents_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="it">Variazione della disponibilità monetaria netta</label>
    <label xlink:label="label_aedes_aedesDescriptionOfAccountingPolicyForSalesOfInvestmentProperty_Standard" id="aedes_aedesDescriptionOfAccountingPolicyForSalesOfInvestmentProperty_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">DescriptionOfAccountingPolicyForSalesOfInvestmentProperty</label>
    <label xlink:label="label_aedes_aedesDisclosureOfNetFinancialPositionExplanatory_Standard" id="aedes_aedesDisclosureOfNetFinancialPositionExplanatory_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">DisclosureOfNetFinancialPositionExplanatory</label>
    <label xlink:label="label_aedes_aedesDisclosureOfSignificantEventExplanatory_Standard" id="aedes_aedesDisclosureOfSignificantEventExplanatory_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="it">DisclosureOfSignificantEventExplanatory</label>
  </labelLink>
</linkbase>