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Ritrovati durante i lavori Italgas ad Anguillara Sabazia due tratti dell’antica via Clodia

Roma, 6 maggio 2021 – Due tratti di strada basolata romana, probabilmente appartenenti all’antica via Clodia, la strada consolare che collegava Roma con i centri dell’Etruria interna, sono venuti alla luce ad Anguillara Sabazia, nel corso dei lavori per l’estensione della rete Italgas. La scoperta è emersa nei giorni scorsi grazie alla collaborazione tra Italgas e la Soprintendenza Archeologia, Belle Arti e Paesaggio per l’Area Metropolitana di Roma, la Provincia di Viterbo e l’Etruria Meridionale, sotto la cui direzione scientifica gli archeologi, secondo una consolidata prassi operativa, hanno seguito costantemente i lavori di scavo.

Il ritrovamento è avvenuto su via della Mainella, a circa un metro di profondità sotto la strada attuale, non lontano da un altro lungo tratto dell’antica via Clodia conservato poche centinaia di metri più a ovest, in località Cancelli, e documentato già dalla fine dell’Ottocento. Una prima parte del tracciato stradale, lunga circa 25 metri, è stata rinvenuta sotto la carreggiata moderna nella parte settentrionale e si presenta in ottimo stato di conservazione. Sul basolato, infatti, sono ancora visibili i solchi lasciati dalle ruote dei carri nel corso dei secoli. Una seconda porzione di strada, affiorata più a Ovest, al momento è visibile solo parzialmente e sarà oggetto di studio nei prossimi giorni. Secondo il team di studiosi, la larghezza dell’antica strada era di circa quattro metri e mezzo.

Il passaggio della via Clodia in quest’area era stato già ipotizzato sulla base di dati storici e archeologici.

“Il rinvenimento di questi due ulteriori tratti – commenta il Soprintendente Margherita Eichberg – contribuisce a fare luce su quale fosse il suo esatto tracciato, andando ad aggiungere un ulteriore importante tassello alla conoscenza della viabilità antica e ad arricchire il variegato panorama dei beni culturali di Anguillara Sabazia”. “I ritrovamenti di Anguillara Sabazia – commenta l’amministratore delegato di Italgas Reti, Pier Lorenzo Dell’Orco – ci riempiono di orgoglio e testimoniano come l’approccio di Italgas verso i territori in cui opera sia costantemente ispirato alla salvaguardia del patrimonio storico e archeologico del nostro Paese riportato alla luce durante i lavori. Un impegno volto alla massima collaborazione con le competenti Soprintendenze, anche oltre il dettato normativo, con l’obiettivo di favorire il recupero e la valorizzazione dei ritrovamenti, creando così valore per l’intera comunità servita”.

Le evidenze archeologiche, opportunamente messe in sicurezza, sono ancora in corso di indagine, mentre i lavori di Italgas proseguono nelle aree non interessate dai ritrovamenti. Il progetto riguarda la costruzione di una bretella di circa 16 km che collegherà alla rete del gas Ponton dell’Elce, la frazione in cui risiedono oltre 600 famiglie, che a breve potranno usufruire dei vantaggi del metano.

2021 First Quarter Results

Italgas Top Management presents 2021 First Quarter Results.

The Conference Call for the presentation of results will be on Wednesday, May 5th 2021 at 03:00pm CEST.

FOLLOW THE PRESENTATION LIVE

Italgas: consolidated results as of 31 March 2021 approved

Milan, 05 May 2021 – The Italgas’ Board of Directors, which met yesterday chaired by Alberto Dell’Acqua, has approved the consolidated results as of 31 March 2021 (unaudited).

Key figures

Consolidated economic and financial highlights:

  • Total revenues: € 333.3 million (+1.9%)
  • Gross operating margin (EBITDA): € 234.4 million (+3.3%)
  • Operating profit (EBIT): € 129.9 million (+5.2%)
  • Adjusted net profit: € 81.2 million (+7.8%)
  • Technical investments: € 206.7 million (+0.5%)
  • Cash flow from operating activities: € 309 million
  • Net financial debt: € 4,617.6 million
  • Net financial debt (excluding the effects pursuant to IFRS 16): € 4,542.6 million

Operating highlights including affiliates:

  • Municipalities in gas distribution concessions: 1,888
  • Number of active meters: 7.8 millions
  • Gas distribution network: more than 73,300 Km

In a general context in which the effects of the health emergency persist, the performance achieved by Italgas in the first quarter of 2021 confirms the company’s ability to generate solid economic-financial results, while ensuring the safety and continuity of the service and achievement  of the objectives declared in its multi-year plan.

The € 206.7 million of investments made in the period (up 0.5% compared to the first quarter of 2020), devoted to digital transformation, development and modernisation of the networks, bears witness to this.

 

This press release is available on the following website: www.italgas.it

Investor Relations Italgas +39 02 8187 2175 investor.relations@italgas.it

Italgas Press Office +39 02 8187 2020 ufficio.stampa@italgas.it

Around 203 km of new pipelines were laid in the first three months of 2021, 40 km of which in Sardinia, where the construction of distribution networks continued, with approximately 850 km completed overall out of a total of 1,100 km to be constructed.

The plan to replace traditional meters with latest generation smart meters is close to completion. The plan is part of the wider project for the digital transformation of the entire network managed. To date, this project has upgraded the technology of over 450 distribution networks.

The requirements related to net investments for the first quarter of 2021 were covered by the positive cash flow from operating activities, equal to € 309 million, with a Free Cash Flow of €

120.8 million.

The net financial position as of 31 March 2021 was € 4,617.6 million (€ 4,736.5 million as of 31 December 2020). The net financial position amounted to € 4,542.6 million (€ 4,660.2 million as of 31 December 2020), net of financial liabilities pursuant to IFRS 16 of € 75.0 million (€ 76.3 million as of 31 December 2020).

The EBITDA of the first quarter of 2021 amounted to € 234.4 million (up +3.3% compared to 31 March 2020) and adjusted net profit attributable to the Group was € 81.2 million (up +7.8% compared to the same period of the previous year).

Seaside and TEG (Toscana Energia GREEN), the two ESCOs of Italgas Group, join forces to create a national player in energy efficiency

In line with the Group’s strategic targets in the energy efficiency sector and in accordance with the recommendations of the European Commission, the operation allows to merge the forces, know-how and technologies of the two companies creating an operator capable of serving completely the public and private markets.

 

Milan, 26 April 2021 – The merger between the two ESCOs of Italgas Group – Seaside and TEG (Toscana Energia GREEN) – was finalised today, creating a national player in the energy efficiency sector.

The merger, which sees the incorporation of TEG by Seaside, is effective from 1st May and will allow the two companies to join their respective strengths, know-how and technologies, gained in different areas, offering service able to meet almost all the needs of both private and public markets.

Seaside, in fact, is more oriented towards the private sector and offers innovative energy consulting services in the industrial and residential areas; TEG, on the other hand, operates in the energy services market and has developed solutions that mainly meet the needs of the Public Administration. Together they will develop, in the first year of activity, a total turnover of around 30 million euros and an EBITDA of 6 million euros.

In this context, the merger between the two ESCOs allows the integration of two complementary businesses, fostering greater synergies and value creation. The new company will also be the reference for the whole Group in defining tailor-made energy efficiency projects, in particular in the context of Italgas’ participation in Atem tenders for the assignment of gas concessions, as well as maintaining a specific focus on energy upgrading activities also supported by the tax incentives (i.e. Ecobonus and Superbonus) and on the development of applications based on artificial intelligence.

“The creation of a national-level player in the energy efficiency sector – commented Paolo Gallo, CEO of Italgas enables greater integration and more effective synergies throughout the Italgas Group to play an even more relevant role in the path of digital transformation and efficiency improvement of the sector that we have been pursuing since 2018. As well as being fully in line with the 2020-2026 Strategic Plan, this operation allows us to operate even more closely to the recommendations of the European Commission, which also assigns DSOs the task of promoting greater efficiency in energy consumption in order to achieve net-zero targets; goals to which the new player will contribute also by identifying increasingly advanced solutions in terms of environmental sustainability and energy saving”.

Italgas e Luiss Business School ancora insieme per il futuro delle professioni STEM

Si è chiusa l’ultima edizione di Data Girls: il percorso di valorizzazione e inclusione dei talenti femminili nelle aree scientifico- tecnologiche parte del progetto Grow

Avvicinare il mondo universitario a quello professionale e favorire l’inserimento delle donne negli ambiti lavorativi STEM (Science, Technology, Engineering e Mathematics).

Si è chiusa l’ultima edizione di “Data Girls”: il percorso di sviluppo, organizzato da Luiss Business School nell’ambito del progetto Grow – Generating Real Opportunities for Women, dedicato alla valorizzazione e all’inclusione dei talenti femminili nelle aree scientifico-tecnologiche. Italgas, da sempre attenta ai temi di diversity e inclusion, anche quest’anno ha preso parte al programma sottoponendo ai diversi gruppi di studentesse una challenge focalizzata sull’analisi dei dati con l’obiettivo di migliorare il servizio offerto ai clienti finali. 

Un’edizione digitale per il progetto, durante cui le studentesse hanno avuto l’opportunità di confrontarsi virtualmente con i manager di Italgas e scoprire da vicino l’azienda e il settore della distribuzione del gas. Obiettivi della challenge assegnata alle studentesse sono stati quelli di mettersi alla prova su un caso pratico di data analytics volto a migliorare la gestione del network digitale attraverso una stima dei consumi più accurata con cui individuare e prevedere eventuali anomalie nel servizio di distribuzione di gas.

Le ragazze hanno potuto analizzare i dati forniti da Italgas, al fine di elaborare dei modelli di analisi e proporre delle soluzioni per rendere il servizio sempre più semplice, veloce ed efficiente per i clienti finali. 

“Italgas crede nel futuro delle professioni STEM e investe nell’inserimento delle donne in questi ambiti – commenta il CIO di Italgas Marco Barra Caracciolo – Anche nel 2021 abbiamo aderito a Data Girls, un progetto che mette in comunicazione il mondo universitario con quello del lavoro valorizzando i talenti femminili in chiave scientifico-tecnologica”

 

 

Italgas’ Shareholders’ Meeting approves 2020 financial statements and dividend proposal

  • Approved 2020 Financial Statements
  • Dividend of €0.277 per share (+8.2% compared to 2020)
  • Positive resolution on the remuneration and compensation policy 2021
  • Approved the 2021-2023 Co-Investment Plan and the related free share capital increase

 

Milan, 20 April 2021 – Italgas’s Ordinary and Extraordinary Shareholders’ Meeting was held today in Milan chaired by Alberto Dell’Acqua, recording an attendance figure of 77.16% of the share capital.

 

“In this particular historical period characterised by the continuing health emergency – affirmed Italgas President Alberto Dell’Acqua – our company has represented and continues to represent a cornerstone for all its stakeholders, whether shareholders, investors, employees, suppliers or customers. The results approved by this Shareholders’ Meeting are a further confirmation of the effectiveness both of the strategic choices made in past years and of the actions taken to tackle the pandemic crisis. These actions have allowed us, on one hand to continue to grow even in difficult conditions and, on the other hand, to guarantee service to almost 8 million customers while operating in complete safety”.

Paolo Gallo, CEO of Italgas, commented as follows:

“Today’s Shareholders’ Meeting marks the end of a very difficult year: Italgas has demonstrated – once again in its century-long history – an incredible ability to react and operate in an unprecedented context. Despite the difficulties, we wanted to present the year just ended in the Integrated Report with the aim of providing an overall view of our activities and the related creation of value over time. I would therefore like to express my satisfaction and that of the Board of Directors, as well as to thank all Italgas shareholders for sharing our objectives by voting in favour of the proposals presented. Among them the approval of the dividend of 0.277 euro per share, an increase of 8.2% compared to the previous year, which is further proof of the Group’s economic and financial solidity and its growth perspectives”.

Considering the continuation of the emergency situation and in accordance with the regulations issued to contain its effects, the Shareholders’ Meeting was attended exclusively by the Designated Representative pursuant to Article 135-undecies of Legislative Decree 58/1998 (“TUF”).

The Shareholders’ Meeting:

  • examined the Italgas Group’s consolidated financial statements for the year ended 31 December 2020, closed with a net profit attributable to the Group of €383.0 million (€417.2 million as at 31 December 2019) and an adjusted net profit attributable to the Group of €345.4 million (€345.2 million as at 31 December 2019);
  • approved Italgas S.p.A. financial statements for the year ended 31 December 2020, closed with a net profit of €214.8 million (€223.6 million as at 31 December 2019);
  • resolved to distribute €0.277 per share (+8.2% compared to the previous year) in proportion to the shares outstanding on the ex-dividend date, using the profit for the year and, for the remainder, retained earnings. The dividend will be payable from 26 May 2021, against detachment of coupon no. 5, being the ex-dividend date 24 May 2021 and the record date 25 May 2021.

With the aim of providing an effective and transparent representation of its ability to create value sustainably over time, from this year the Company has chosen to represent its financial and non-financial results in an Integrated Report, illustrating in a single document also the effects of its activities on the social, environmental and economic context in which it operates. Therefore, the 2020 financial statements and the 2020 consolidated financial statements are illustrated in the “2020 Integrated Annual Report”.

With reference to the 2021 remuneration policy and compensation paid, the Shareholders’ Meeting approved, with a binding vote pursuant to Article 123-ter, paragraph 3-ter, of the TUF, Section I containing the “2021 Remuneration Policy”, and, pursuant to paragraph 6 of the aforementioned article, expressed a favourable opinion with an advisory and non-binding vote on Section II relating to compensation paid in 2020.

The 2021-2023 Co-investment Plan was also approved, in accordance with the terms and conditions described in the Information Document prepared pursuant to Article 84-bis of the Issuers’ Regulations and made available to the public in accordance with the law, to which reference should be made for further information. In particular, the Plan is aimed at ensuring a high degree of alignment in the medium-long term of the interests of the management with those of the shareholders, supporting the retention of key resources and activating a medium-long term incentive system capable of creating a strong link with the business results achieved and the creation of long-term value for shareholders, promoting the sustainable success of the Company and the Group.

Finally, in extraordinary session, the Shareholders’ Meeting approved the proposal, in service of the 2021-2023 Co-investment Plan, to increase the share capital, in one or more tranches, for a maximum nominal amount of €5,580,000.00, through the issue of a maximum of 4,500,000 new ordinary shares to be assigned free of charge, pursuant to Article 2349 of the Italian Civil Code, for a corresponding maximum amount taken from retained earnings, exclusively to the beneficiaries of the Plan, i.e. employees of the Company and/or Group companies.

Shareholders’ Meeting: 20 April 2021

The ordinary and extraordinary session of the Shareholders’ Meeting of Italgas is called, in a single call, for 20 April 2021, at 11.00 AM, in Milan, Via Carlo Bo 11, to discuss and resolve upon the agenda of which at the Notice of Shareholders’ Meeting.

In view of the ongoing health emergency related to the COVID-19 epidemic, it will be possible to follow the live streaming from the link below.

Instructions to access streaming:

Starting from 11:00 a.m. you can watch the Meeting live streaming.
After clicking on the link below, you will land on the platform access page.
Register and fill in the required fields in order to follow the Meeting live.

  Follow the live streaming

 

https://www.italgas.it/en/press-release/Italgas-Shareholders-Meeting-approves-2020-financial-statements-and-dividend-proposal/

Italgas: exclusive agreement with Energie Rete Gas (Energetica Group) for the development of gas networks in Valle d’Aosta

Milan, 2 April 2021 – Italgas and Energie Rete Gas, the gas transportation company of the Energetica Group, have signed an exclusive agreement related to infrastructures in operation, under construction and under development owned by Energie Rete Gas in the Valle D’Aosta region.

The agreement envisages the acquisition by Italgas, subject to certain conditions precedent, of around 150 kilometres of pipelines owned by Energie Rete Gas in operation, under construction and under development in Pont Saint Martin, Gressoney la Trinité, Antey St. André, Torgnon, Verres, Ayas, Pollein, Pila, Valdigne, Chatillon, Cervinia and Valtournenche that will become an integral part of Italgas distribution network in Valle D’Aosta.

The value of the transaction includes a RAB of around €16 million for networks currently in operation, which will increase up to €85 million with the completion of those under construction and under development.

The successful conclusion of the transaction will accelerate the development of the distribution network in Valle d’Aosta thus fully implementing the development plan presented in the ATEM  tender, based on more than €100 million of investments, which includes  among other things the methanization of further 17 municipalities and the doubling of the number of customers served from the current 20,000.

Paolo Gallo, CEO of Italgas, commented: “This transaction allows us to join forces with an important company in the Valle d’Aosta region, achieving a significant goal: accelerating the development of the regional distribution network compared to the plan presented in the tender, thus generating significant benefits for the area. In the particular times we are living through, investments in infrastructure represent one of the most effective tools for contributing to the relaunch of the local economy, creating value and work for the communities”.

The “White Energy Week” starts today: energy efficiency is back in schools!

The activity promoted by Seaside, ESCo of the Italgas Group, and developed with ENEA and which involves about 25 classes and over 500 high school children begins.

Raise awareness among young people on the issues of energy efficiency and on the behaviors to follow to protect the planet and offer the new generations more tools to get to know the business world and the professions of the future, in particular those related to the energy transition.

The third edition of the “White Energy Week” begins today, the activity created to develop greater skills on the issues of energy efficiency, economic and environmental sustainability. The project, which for the first time takes place digitally, involves 40 hours of work and involves about 25 classes of schools in Emilia-Romagna, for a total of over 500 children.

The initiative is promoted by Seaside, ESCo of the Italgas Group, and developed in collaboration with ENEA and the Emilia-Romagna Regional School Office. The training course of the “White Energy Week” 2020-21 will end on Friday 26 March and will see the students apply in different practical tests, in which they will personally play the role of Energy manager.

The “role play” of this edition concerns the drafting of the energy diagnosis of own school building. Students will experience a week as an Energy Manager, an exciting challenge that has a dual purpose: to make participants more aware of the energy consumption of buildings and to develop a higher sustainable awareness that leads them to implement good environmental practices. Not only at home, but also at school and in everyday life. At the end of the course, the students will present their energy diagnoses to the Seaside and ENEA Energy Manager team, as well as to the teachers and their families, and will receive feedback on the results obtained.

The numbers of the initiative, which are constantly growing, attest to a great sensitivity on the part of local schools and various public institutions. Numbers that represent a great opportunity to teach professionals of the future the importance of protecting our planet, starting from small daily gestures up to new professional roles applied to the energy transition.

 Find out more aobut Seaside

Italgas co-signs the Open Letter to the European Commission for the recognition of the strategic role of gas networks to deliver hydrogen/natural gas blends

Milan, 18 March 2021 – Italgas has co-signed the open letter sent to the Executive Vice-President of the European Commission, Frans Timmermans, for the recognition of the strategic role of blending hydrogen into the existing gas networks, in order to achieve the European decarbonisation targets and the EU Hydrogen Strategy released in July 2020.

The initiative was joined by around 70 European companies in the gas sector, including GD4S, the main association of continental DSOs, chaired by Italgas CEO Paolo Gallo. Among the addressees of the letter, in addition to Vice-President Timmermans, are Commissioners Kadri Simson (Energy), Thierry Breton (Internal Market) and Virginijus Sinkevicius (Environment, Oceans and Fisheries).

The letter emphasises, among other things, how the use of hydrogen/natural gas blends in the short and medium term can achieve significant environmental results at a lower systemic cost than by using only new dedicated infrastructures and constitutes the ideal formula for accompanying the progressive development of hydrogen supply on the market. In this sense, existing distribution infrastructures, digitalized and technologically adapted, are an important asset to provide hydrogen directly to consumers currently connected to gas networks. Moreover, blending allows for the immediate activation of sector coupling, providing the electricity sector with flexibility and storage capacity. Finally, the co-signatories highlighted the need for hydrogen blending to be properly recognised within the European energy regulatory framework in order to enable its rollout.

Italgas CEO Paolo Gallo commented: “Distribution networks are already the main driver of the energy transition. In terms of extension, capillarity and flexibility, they are a central asset already available and capable of both transporting and storing energy. It is therefore important for DSOs to be able to count on a stable regulatory framework that promotes and supports investments aimed at digitally upgrading the network, so as to provide Europe with an infrastructure capable of receiving and distributing renewable gases, such as hydrogen, biomethane and synthetic methane, which will enable us to achieve the right net zero energy mix“.