We have carried out transactions consistent with the growth strategy defined in the Business Plan to further strengthen our role in areas of interest in Italy.

 

2020

Agreement signing date Data closing  Transactions
26-May-20  -


Italgas acquires a 15% share of Reti Distribuzione

    Key features of the agreement:

  • Acquisition of 15% of the subsidiary Reti Distribuzione
  • 49 municipalities for 32,000 redelivery points distributed mainly in Ivrea and the surrounding areas;
  • amount agreed for 15% of the share capital of Reti Distribuzione is equal to 4.56 million euro.

 

 

2019

Agreement signing date Data closing Transactions
08-Oct-19  31-Jan-20 


Finalised agreement between Italgas and A2A for the reciprocal transfer of assets

    Key features of the agreement:

  • Italgas Reti (Italgas Group) sold to A2A Calore & Servizi (A2A Group) all the district heating activities currently managed in the municipality of Cologno Monzese (Milan);
  • Unareti (A2A Group) will sell to Italgas the natural gas distribution activities managed in seven municipalities in the ATEM Alessandria 4.
01-Oct-19  01-Oct-19 


Italgas: finalised the acquisition of the majority of Toscana Energia shares

    Key features of the agreement:

  • Transfer of 2,897,778 shares, corresponding to 1.98% of the share capital of Toscana Energia;
  • the share capital held by Italgas increased from 48.68% to 50.66%;
  • Toscana Energia manages approximately 8,000 kilometres of the network with almost 800,000 users.
01-Aug-19   18-Dec-19  


Italgas: finalised the agreement for the entry of Marguerite II into the shareholding structure of subsidiaries operating in Sardinia

    Key features of the agreement:

  • Acquisition by Marguerite II of 48.15% of the share capital of Medea and Gaxa;
  • payment of approximately EUR 25 million and subsequent capital increases for a total of approximately 44 million;
  • enterprise value attributed to 100% of the assets at 31.12.2018 was equal to EUR 91.2 million euros.
11-Apr-19 11-Apr-19

 
 Italgas and the US Picarro sign a MoU for the use in Europe of the most advanced technology in the gas networks monitoring

    Key features of the agreement:

  • Use in Europe the Picarro Surveyor, currently the most advanced in the field of gas network monitoring activities.

 

 

2018

Agreement signing date

Data closing

Transactions

 28-dic-18 30-apr-19 

 Italgas: agreement for the acquisition of 19 concessions in Central and Southern Italy and Sardinia

 Key features of the acquisition:

  • 19 concessions for gas distribution;
  • over 50,000 redelivery points concentrated in the Centre-South of the country and in Sardinia;
  • enterprise value about EUR 68.6 million.
 22-giu-18 03-dic-2018 

Italgas: completed the acquisition of a controlling stake of EGN (European Gas Network) and 100% of two other local operators

 Key features of the acquisition:

  • a 60% controlling stake in EGN ("European Gas Network"), which holds, directly and indirectly, 37 concessions for the natural gas distribution in Sicily, Calabria and Campania for a total of approximately 60,000 users;
  • 100% of Fontenergia S.r.l., the gas operator in the Area 22 of the Sardinia region, with more than 7,000 users temporarily served by LPG
  • 100% of Naturgas S.r.l., operator of the natural gas distribution service in San Giuseppe Vesuviano (NA), with approximately 2,700 users served.

13-Mar-18

13-Mar-18

 Italgas enters the energy efficiency sector with its acquisition of Seaside

 Key features of the acquisition:

  • One of the largest Italian Energy Service Companies (ESCos), at the forefront in providing digital services thanks to its expertise in the Big Data, Business Intelligence and Machine Learning fields.
  • Over 400 customers in different industries in Italy
  • Enterprise value €8.5 million

 

 

2017

Agreement signing date

Data closing

Transactions

21-Dec-17

31-Jan-18


Italgas: gas concession and network acquired for Portopalo di Capo Passero

 Key features of the acquisition:

  • Natural gas concession and distribution network serving the Municipality of Portopalo di Capo Passero (Syracuse)
  • 35 km of network (finished but not operational)
  • 1,400 potential customers
  • Enterprise value €2.2 million

21-Dec-17

06-Apr-18

Italgas and Hera agree on the transfer to Italgas of 100% of Medea S.p.A. 

 Key features of the acquisition:

  • Distribution and sales concession, Municipality of Sassari
  • Over 190 km of network (currently LPG-powered)
  • 30,000 customers (potential area)
  • Enterprise value €24.1 million

30-Nov-17

31-May-18

Italgas acquires 7 gas concessions in Southern Italy from CPL Concordia

 Key features of the acquisition:

  • 7 gas concessions in Southern Italy (some with networks under construction), covering a total of 16 municipalities
  • Over 400 km of network (of which 330 already operational)
  • Around 32,000 new customers (potential area)
  • Enterprise value €13 million

08-Nov-17

28-Feb-18

Italgas acquires 100% of Ichnusa Gas S.p.A.

 Key features of the acquisition:

  • 12 companies holding concessions for the construction and operation of gas distribution networks in 81 municipalities of Sardinia
  • 2 out of 12 concessions already operational with LPG-served customers
  • 1,300 km of network (including sections under construction)
  • 150,000 customers (potential area)
  • Enterprise value €26.2 million

02-Nov-17

31-Jan-18

Italgas acquires 12 concessions from Amalfitana Gas in Campania and Basilicata

 Key features of the acquisition:

  • 12 concessions in the Campania and Basilicata regions
  • Over 300 km of network
  • Over 22,000 users served
  • Enterprise value €18.5 million

19-Oct-17

06-Dec-17

Italgas acquires 100% of Enerco Distribuzione S.p.A.

 Key features of the acquisition:

  • 27 concessions in the Padua and Vicenza areas
  • Over 800 km of pipelines
  • Around 30,000 users
  • Enterprise value €51 million

 

ultimo aggiornamento 25 July 2020 04:52 UTC