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Strategic Plan

Our 2023-2029 Strategic Plan provides for investments of 7.8 billion euros. They will mainly serve to complete the digital transformation and extension of natural gas distribution in Italy and Greece, continue the development in water services in Italy and support the growth of energy efficiency activities.

The objectives of our Strategic Plan

The investments will be aimed at the development and digital transModuleation of assets, strengthening in Greece and becoming a reference player in the water distribution and energy efficiency sectors, continuing to play a leading role in achieving EU climate objectives.

  • CS_Italgas Piano Strategico 2023-2029

    File PDF - 341.05 KB

  • PR_Italgas Strategic Plan 2023-2029

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Digitalisation, decarbonisation, circular economy, training, diversity and inclusion are confirmed as strategic factors for achieving our growth objectives. Results that will depend on our ability to continue to bet on innovation to enhance its value through our people.

Paolo Gallo

CEO of Italgas

The numbers of the Strategic Plan

The new Strategic Plan provides for investments of 7.8 billion euros. Here's how we want to use them.

Discover culture and values

  • Bilion euro

    4,6

    For the development and completion of the digital transformation of the Italian gas distribution network.

  • Milion euro

    900

    For the development of the gas distribution network in Greece in support of the country's decarbonisation objectives.

  • Milion euro

    800

    For the growth of the water sector and for energy efficiency.

  • Bilion euro

    1,5

    For the development of tenders for concessions (ATEM) expected in the coming years.

Digital transformation and development of the Italian gas distribution network

We want to invest 4.6 billion euros in the transformation and improvement of the gas network and existing infrastructures.

Learn about digital transformation

  • Bilion euro

    2,9

    For the development and improvement of existing infrastructures.

  • Bilion euro

    1,6

    For network digital transformation programs.

  • Milion euro

    100

    For growth for external lines in the gas sector.

  • Bilion

    1,5

    For the development of concessions related to new tenders (ATEM).

Interventions for the development of the distribution network in Greece

We have allocated 900 million euros for the extension and repurposing of the Greek gas network so that it reaches new communities to accommodate renewable gases.

Discover greece

Investments for diversification

The Strategic Plan provides 800 million euros for growth in the water and energy efficiency sectors, with a view to sustainability.

  • Over 4 million Euro

    Investments to grow in the water sector, including the disbursement for the acquisition of the Veolia Group's assets completed during 2023.

  • Over 300 million Euro

    The amount expected for the development of the Group's ESCo and for targeted M&A operations in the energy efficiency sector

Sustainability: the Group's objectives

We want to promote the ecological transition process and reduce net energy consumption by 33% by 2030, compared to 2020. We invest in technological innovation and cutting-edge start-ups to develop sustainable initiatives.   In addition, we have set ourselves the goal of reducing climate-altering emissions (Scope 1 and Scope 2) by 42% by 2030 (baseline 2020) and reducing emissions related to our supply chain (Scope 3) by 33% in the same period of time.   The reduction targets, thus defined, trace the group's path towards the "Net Zero" goal by 2050.

Italgas in the transition

See also