Italgas grows in Campania and Sardinia thanks to an agreement with Conscoop

Milan, 28 January 2021 – In line with the developments included in its 2020-2026 Strategic Plan, Italgas is making new acquisitions, strengthening its leadership in the gas distribution sector thanks to an agreement with Conscoop, the consortium of cooperatives from Forlì which holds, among others, the gas concessions in Basin 33 in Sardinia, through its subsidiary Isgas33, and Olevano sul Tusciano in Campania (Atem Salerno 3) through its subsidiary Mediterranea Energia.

In Campania, following the framework agreement signed between Italgas and Conscoop on 28.12.2018, the acquisition by Italgas of Mediterranea Energia’s going concern relating to the gas concession in the municipality of Olevano sul Tusciano (SA) was concluded today. The network extends for approximately 26 kilometres, covering a potential pool of users totalling 2,500 resident households.

The value of the transaction (enterprise value) has been set, by way of an advance, at € 1.1 million and it is subject to adjustment on the basis of the final RAB, which will be approved by ARERA during 2021.

In Sardinia, with today’s agreement, the companies agreed that, by the deadline of 5 July 2021 and once certain precedent conditions have been met, Italgas will take over the entire stake in Isgas33. Today, Isgas33 has completed the conversion from LPG to natural gas of the distribution network in the municipalities of Quartu S. Elena, Monserrato, Quartucciu, Settimo S. Pietro and Sinnai, serving a potential user base of over 31,000 resident households.

The amount of transaction (enterprise value) has been set equal to the RAB to be approved by ARERA in the first half of 2021, currently provisionally estimated at approximately €25 million.

Italgas stock confirmed in the FTSE4Good Index Series for the fifth year in a row: sustainable performance above the Italian companies average

Milan, 28 January 2021 – Italgas stock has been confirmed for the fifth consecutive year in the FTSE4Good Index Series, which groups together the best companies worldwide standing out for their focus on sustainable economic development.

Specifically, FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirmed that “Italgas has been independently assessed according to the FTSE4Good criteria and has met the requirements as a constituent of the FTSE4Good Index Series”.

The current review has resulted in an assessment of Italgas’ sustainable performance that continues to improve, reaching a score of 4.2 out of a maximum of 5 points (previously it was 4.0).

This result testifies to Italgas’ focus on sustainable development based on the company’s leadership in interacting with the social context of reference, aimed at creating opportunities based on the shared value principle.

The FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. Transparent management and clearly-defined ESG criteria make FTSE4Good indexes suitable tools to be used by a wide variety of market participants when creating or assessing sustainable investment products.

Italgas: 2021 financial calendar

Milan, 25 January 2021 – Italgas announces the financial calendar and the dates of the  publication of its 2021 financial results as approved by the Board of Directors:

 

  • Group Annual Integrated Report at  December 31, 2020 and draft financial  statements at December 31, 2020; 
  • Dividend proposal for 2020; 
  • Report on Corporate Governance and  Ownership 2020; 
  • Report on Remuneration 2021;  
  • Call of Shareholders’ Meeting.

Board of Directors approval 

Press release and  

Conference call*

March 10, 2021 

March 11, 2021

  • Financial statements at December 31,  2020; 
  • Dividend approval for 2020.
Shareholders’ Meeting 

Press release**

April 14, 2021 in a  single call
  • First quarter 2021 report.

Board of Directors approval 

Press release and  

Conference call**

May 4, 2021 

May 5, 2021

  •  Strategic Plan 2021-2027.
Board of Directors approval 

Press release and Strategy  Presentation*

June 14, 2021 

June 15, 2021

  • Interim financial report at June 30, 2021.

Board of Directors approval 

Press release and  

Conference call*

July 26, 2021 

July 27, 2021

  •  Third quarter 2021 report.

Board of Directors approval 

Press release and  

Conference call*

 October 26, 2021 October 27, 2021

* Press release will be issued in the morning (non trading hours). The conference call for the presentation  of results/Strategic Plan to the financial community on the same day;

** Press release will be issued at the end of Shareholders’ meeting;

– The dividend for the 2020 financial year will be paid on 26 May 2021 (record date 25 May 2021) with coupon payment date 24 May 2021.

– A road show to present the company’s objectives as established in the 2021-2027 Strategic Plan to institutional investors and financial analysts is scheduled to start in  June 2021.

Any amendment to the above calendar will be notified to the market in due time.

Italgas è Silver Partner delle Nitto ATP Finals 2021 di Torino

Il prestigioso torneo si giocherà nel capoluogo piemontese dal 12 al 21 novembre 2021 e vedrà battersi i migliori otto tennisti delle classifiche ATP.

Italgas, tennis e Torino. Un triplo legame che prosegue e si consolida all’insegna dell’identità, della preparazione e dell’attenzione al risultato finale. Italgas sarà infatti Silver Partner delle Nitto ATP Finals 2021, il torneo professionistico più importante a livello internazionale insieme ai quattro Grandi Slam.
Una sponsorizzazione che avvicinerà ulteriormente i due mondi, quelli dell’industria e dello sport, solo all’apparenza distanti ma che condividono i princìpi della passione, della vocazione internazionale e dell’eccellenza, creando così valore per il Paese, per la città di Torino e tutta la sua comunità.

La competizione, in programma a Torino dal 14 al 21 novembre 2021, vedrà come protagonisti i migliori otto tennisti delle classifiche ATP del singolare e del doppio maschile/femminile e avrà come palcoscenico l’Arena del Pala Alpitour di Torino per i prossimi cinque anni, fino al 2025. Il torneo rappresenterà l’occasione di rinnovare il legame identitario fra l’azienda e il capoluogo piemontese dove nel 1837 ha avuto inizio, sotto il nome di Compagnia di Illuminazione a Gaz, la lunga storia di Italgas e del suo indissolubile legame con tutto il Paese.

La prestigiosa partnership con ATP arricchisce, inoltre, il connubio fra Italgas e il mondo del tennis, che vede l’azienda già come team sponsor delle nazionali italiane maschili e femminili nella Coppa Davis e nella Fed Cup e come partner degli Internazionali BNL d’Italia nel 2020. Anche in questa occasione, Italgas non poteva far mancare il suo apporto all’Italia e al tennis giocato nel nostro Paese.

Italgas lancia il “Progetto Assicurazioni per Appaltatori”

Nasce una nuova polizza assicurativa dedicata ai fornitori del Gruppo. Grazie a questa collaborazione la catena di valore dell’azienda sarà ancora più inclusiva e digitale.

Consolidare e migliorare il rapporto con i fornitori e rilanciare le sfide della digitalizzazione e della sostenibilità, per questo motivo Italgas ha dato il via al Progetto Assicurazioni per Appaltatori”. Tra i nostri stakeholder, i partner e fornitori sono da sempre determinanti nel successo del servizio offerto da Italgas, per questa ragione l’obiettivo è quello di lavorare in ottica di partnership e inclusività insieme a tutti i fornitori con cui condividiamo professionalità, competenza e valori che da circa due secoli contraddistinguono il Gruppo Italgas.

Il Progetto “Assicurazioni per Appaltatori” consentirà alle imprese che operano con Italgas di adempiere agli obblighi assicurativi in maniera totalmente innovativa rispetto al passato. Il tutto attraverso una piattaforma digitale online e grazie una nuova convenzione stipulata da Italgas sul mercato assicurativo. Un’iniziativa dedicata esclusivamente ai fornitori del Gruppo, che operano quotidianamente con noi nella realizzazione e manutenzione di reti ed impianti (gas e acqua), nelle attività affini alle costruzioni edilizie e di impianti con presenza di cantieri, nonché ai lavori di bonifica.
Questo accordo permetterà alle imprese di lavorare in sicurezza, ottenere garanzie ottimali a costi estremamente competitivi e di rendere più veloci e efficienti quei processi aziendali che prima richiedevano tempi molto più lunghi. Grazie a questo progetto, infatti, basteranno sole 4 ore per l’approvazione del documento di Polizza, che sarà immediatamente attivo e disponibile per l’appaltatore.

L’iniziativa si inserisce nel più ampio processo di digital transformation intrapreso negli ultimi anni dal Gruppo Italgas. Un’innovazione portata avanti attraverso metodi e strumenti avanzati che mirano a velocizzare e migliorare i processi lavorativi. Con un unico grande obiettivo: ottimizzare l’efficienza e l’efficacia del servizio Italgas e quello di tutti i soggetti che collaborano con il Gruppo. Il Progetto vede già coinvolte numerose imprese esterne che hanno già sottoscritto in modo semplice e rapido le loro relative polizze. Ad oggi sono state emesse 94 polizze per un totale di oltre 50 Contratti stipulati.

Protocollo d’intesa tra CRS4 e Italgas per la realizzazione di un impianto per la produzione di idrogeno in Sardegna

Cagliari, 21st Jan 2021CRS4, Research Centre of the Sardinian Technology Park, and Italgas, leading company in the distribution of natural gas in Italy and third in Europe, have signed a memorandum of understanding for the study and construction of a “Power To Gas” plant in Sardina. It will use electricity from renewable sources to produce renewable fuels such as green hydrogen and synthetic methane.

More specifically, the project consists in the construction of a renewable gas production plant to be located in Sardinia and connected to the new ‘digital native’ distribution networks built by Italgas. The plant will consist of a park for the self-production of electricity from renewable sources, an electrolyser to produce oxygen and hydrogen from water, and a methanation section for the transformation of hydrogen into synthetic natural gas. The aim of the project will be to test the production of gas from a renewable source and its potential use to provide hydrogen to sardinian industrial facilities and hydrogen and synthetic methane to household customers on the island, blending it with natural gas according to certain specifications. The plant could also use exceding renewable energy to produce gas to be stored in the same plant.

In the first stage of the project, CRS4, together with the Politecnico of Turin, conducted an analysis of the territory and of the different production activities in the area in order to define the scenario for the construction of the pilot plant. Subsequently, CRS4 will be involved in the infrastructure sizing and engineering phase, as well as during its operation for the measurements aimed at evaluating the production process in energy, technical and environmental terms.

Giacomo Cao, CRS4’s sole administrator, points out: “The project, in which the Centre is participating with researcher Alberto Varone of the HPC sector for energy and environment, fits into the reduction of carbon dioxide emissions strategy with a transversal approach. Several studies suggest that hydrogen could be the solution alongside renewable electricity in sectors that are complex to decarbonise, such as industry and heating, where is more difficult to use electricity.

Paolo Gallo, CEO of Italgas, comments: “The Italgas and CRS4 project reconciles the need to implement new and more efficient ways to store energy with the opportunity to produce renewable gases such as hydrogen and synthetic methane for the benefit of the Sardinian territory and its production activities, relying on the ‘native digital’ networks that we are building on the island. We are therefore glad to develop such an innovative project with the collaboration of a centre of excellence in Sardinia, where we have planned another 400 million euros of investment up to 2026.

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