Investing in Italgas
We are a leader in the gas, water, energy efficiency and IT sectors, almost 13 million customers following the acquisition of 2i Rete Gas, we are now the first operator in Europe, with a leading position in Italy and Greece in gas distribution. In the Italian water sector, we serve 6.3 million people directly and indirectly.
Creating value for each stakeholder
With the acquisition of 2i Rete Gas, we are consolidating our commitment to the growth of the Group and the country, with an eye to a future in which we will play a leading role in the energy transition.
Two centuries of innovation
Building on our experience gained over almost two centuries as a leading player in gas distribution in Italy, we have developed and extended our activities through our company Nepta also in the Italian water sector from 2023, where we serve 6.3 million people directly and indirectly.
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Gas Distribution in Italy and Greece
With 12.9 million customers and approximately 156,000 km of managed network including 2i Rete Gas, we are leaders in Italy and Greece and first player in Europe
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Water System
Through Nepta we are a reference player for the management of the water service, aimed at improving the efficiency of the networks
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Energy Efficiency
Through our Geoside we offer innovative solutions to combine efficiency and energy savings for sustainable development
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Information technology
Through our Bludigit we are the technology partner for business innovation and digital transformation
The regulated business
We operate mainly in regulated businesses with great visibility on medium-term trends. With about two centuries of history behind us, we are a company that has always looked to the future, with clear growth and development objectives. The important investment plan is strongly integrated with sustainability choices to ensure that the progressive extension of gas and water services and the improvement of their quality coincide with the increase in energy efficiency and the reduction of the overall impact of the activities.
We are a Group that looks to the future and is a leader in our business.
We manage approximately 156,000 km of gas network serving more than 4,300 municipalities in Italy and Greece and directly and indirectly serve 6.3 million people in the water sector.
There is no transition without digitization for us it is not just a suggestion, it is a compass that guides actions and investment choices. The digital transformation of assets is the technical precondition for injecting and distributing renewable gases or their mixtures through our networks. It is a metamorphosis that goes in the direction of the creation of a new generation of infrastrutture.
Paolo Gallo
Amministratore Delegato Italgas
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Low risk profile
Our prudent and responsible management, combined with a solid financial structure and a long experience in the sector, guarantees reliability and security to clients and investors.
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Rating
Our “investment grade” confirms a solid debt structure. We maintain sustainable leverage, robust cash generation, flexibility for development, and return to shareholders.
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Risk Management
We follow a structured approach in governing risks that could impact value creation by applying a risk identification, assessment, management, and control model.
Shareholders’ remuneration
Our dividend policy aims to provide shareholders with sustainable and growing remuneration. The current policy provides for the distribution of a dividend equal to the greater of a 5% annual increase of FY2023 DPS (0.352 euros) and 65% of the adjusted EPS of 2024-2026 profits.
Sustainability in our business model
We want to achieve real economic, financial, environmental and social sustainability to create shared value. And we have created the 2024-2030 Sustainable Value Creation Plan on this goal. The Group has adopted an integrated business model, capable of using all the capital it uses in its production processes (input capital) to achieve not only its strategic objectives but also create value for all its stakeholders in the short, medium and long term. By doing so, Italgas is able to support the development of a virtuous circle, using this capital to generate positive impacts for the communities and territories in which it operates. Over the years our commitment and achievements have been recognised by the financial community.
