Category: Press Release

Milan, 10 December 2025 – Italgas has been confirmed for the fourth consecutive year in the prestigious “A List” for Climate Change compiled by the non-profit organization CDP (formerly Carbon Disclosure Project), which includes global leading companies for transparency of information and performance in the fight against climate change.

Italgas also participated in the “Water” section of the questionnaire, obtaining a “B” rating.

In 2025, CDP assessed more than 20,000 companies worldwide, investigating issues related to climate change, forests, and water security.

The result achieved demonstrates the validity of the initiatives set out in the Strategic Plan, confirming the company’s concrete commitment in the fight to climate change and in safeguarding water resources. CDP’s evaluation considers the completeness of information, awareness and management of environmental risks, the presence of ambitious targets, as well as the demonstration of best practices associated with environmental leadership.

Milan, 6 November 2025 – The first cycle of “IGrant,” the Employee Share Ownership Plan launched by Italgas for the 2025–2027 period, has concluded with the participation of nearly two out of three employees. The program enables Group employees to become shareholders of the Company and directly contribute to value creation. Participation reached 62.8%.

“The success of the Plan has exceeded our expectations,” commented Paolo Gallo, CEO of Italgas. “It is among the strongest results recorded for initiatives of this kind, especially in the launch year, and clearly reflects the trust our people place in the Group and in our ability to deliver.”

Participation in “IGrant” was broad across age groups, peaking at 77% among employees aged 31 to 40. In terms of professional categories, participation exceeded 68% among office staff and managers, while reaching approximately 50% among operational staff.

Following the positive outcome of this first cycle, the Plan will be extended across all Group companies in 2026 and 2027.

Rome, 17 July 2025 – Italgas and Cadent reaffirm their strategic cooperation: the two companies have renewed the Memorandum of Understanding (MoU) signed in 2023, sharing a mutual commitment to strengthening collaboration in the fields of technological innovation, digitalization, and the sustainability of gas distribution networks, guided by a common vision of the goals of the energy transition.

Italgas is the leading gas distribution operator in Europe, serving nearly 13 million gas users and managing a distribution network of over 154,000 kilometers.

Cadent is a UK regional gas distribution company that operates largest natural gas distribution network in the United Kingdom. Every day, it delivers gas to 11 million homes and businesses.

The new agreement was signed at Italas headquarters in Rome by Paolo Gallo, Chief Executive Officer (CEO) of Italgas, and Howard Forster, Chief Operating Officer (COO) of Cadent Gas Limited, in the presence of Alessandro Cattaneo MP, President of the UK-Italy Friendship Group in the Italian Parliament.

The renewal of the agreement consolidates a collaboration that began several years ago and has been enriched by numerous exchanges of experience and technical expertise between the two leading sector operators. Italgas and Cadent intend to intensify cooperation in key areas for the transformation of European energy infrastructures.

“Combining expertise, experience and vision with a partner of absolute excellence like Cadent – commented Paolo Gallo, Chief Executive Officer of Italgas – allows us to double our ability to innovate and to lead the transformation of gas networks in a sustainable and digital way. The renewal of the Memorandum confirms our shared intent to make energy infrastructures increasingly resilient and safe, while also accelerating the path toward decarbonization, encouraging the development of renewable gas production and its contribution to meeting energy needs”.

“We are delighted to continue our relationship with Italgas as part of our strategy to stay at the forefront of the energy transition. By actively engaging with system operators across Europe, we can share insights, learn from diverse experiences, and co-develop more efficient and resilient gas networks for the future” – stated Howard Forster, COO of Cadent.

Hon. Alessandro Cattaneo, President of the Italy–UK Parliamentary Friendship Group and Co-Chair of the Pontignano Conference, commented: “I am honoured to attend the renewal of the agreement between Italgas and the UK-based company Cadent, which represents a tangible step forward in the collaboration between two leading industrial players from our respective countries. At a time like this, diversifying energy strategies and fostering new synergies is the right path to take. This agreement is a clear example of how strengthening ties between Italy and the United Kingdom can actively support the energy transition—by promoting innovation, digitalization, and the use of renewable sources in gas distribution systems. I warmly welcome initiatives like this, which place international cooperation at the heart of building a more sustainable, secure, and resilient energy future.”

The MoU will expand the areas of collaboration in line with the strategic priorities of the two companies, jointly promoting technical, regulatory, and legislative developments in international contexts for a further three years:

• Decarbonization and renewable gases: joint development of strategies for the integration of biomethane, hydrogen, and low-carbon synthetic methane. The goal is to transform the networks into infrastructures capable of accommodating these key energy carriers on a large scale for a sustainable transition.
• Network digitalization: sharing of advanced digital solutions, including remote monitoring tools, predictive maintenance, and operational automation.
• Cybersecurity: strengthening the resilience of systems for monitoring and managing gas distribution networks, encouraging the exchange of best practices, approaches, and prevention tools.
• Artificial intelligence and skills development: sharing of respective technological transformation initiatives supported by the adoption of artificial intelligence, and promotion of joint initiatives for the development of new skills.

The agreement also includes the establishment of thematic working groups that will meet regularly to monitor the progress of activities and identify new opportunities for cooperation. Italgas and Cadent thus reaffirm their commitment to building strong international collaborations for a sustainable energy future, with smart networks capable of supporting decarbonization and ensuring energy that is secure, reliable, and accessible.

Milan, 14 July 2025 – Italgas has been confirmed for the ninth consecutive year as a constituent of the FTSE4Good Index Series, that includes companies demonstrating strong Environmental, Social and Governance (ESG) practices. FTSE Russell’s evaluations are based on performance in areas such as Corporate governance, health and safety, anti-corruption, and climate change.

This year, Italgas further improved its score to 4.4 out of a maximum of 5 points, achieving the highest rating in the social and governance categories and outperforming both the industry average and other Italian companies.

The result achieved confirms Italgas’ commitment to all aspects of sustainability, a key element that permeates the Group’s strategic development choices and daily operations.

The European leader in gas distribution is born

Italgas CEO, Paolo Gallo: “An extraordinary achievement just three months after closing. Operational efficiencies and industrial synergies expected as early as 2025.”

Milan, 2 July 2025 – The merger by incorporation of 2i Rete Gas into Italgas Reti, the main operating company of the Italgas Group becomes effective. This milestone marks the completion of the integration process started immediately after the acquisition finalized in April, supported by a capital increase that was met with strong market support.

“Just three months after the closing of the 2i Rete Gas acquisition,” commented Paolo Gallo, CEO of Italgas, “we are reaching the first milestone with a speed that is unprecedented for operations of this scale. It is an extraordinary result, the outcome of a clear vision, rigorous planning, and above all, the great professionalism of the people involved. This integration makes it possible to achieve operational efficiencies and industrial synergies, to the benefit of territories, communities, and more broadly of the Italian and international gas distribution sector.”

With the incorporation of 2i Rete Gas, the Group is reshaping its territorial organization, achieving a more extensive presence across Italy, with operations in over 4,000 municipalities and approximately 12 million customers served through 150,000 kilometres of network and a workforce of around 6,500 employees.

The creation of this new corporate entity enables full implementation of the roadmap set out in the 2024–2030 Strategic Plan, presented to the market last October. The Plan foresees cost synergies, operational efficiencies, and incremental revenues from digitalization investments amounting to approximately €280 million by 2030. These benefits stem from the combination of Italy’s two leading operators, the adoption of best practices from both companies, and the advantages offered by digitalization and extensive use of Artificial Intelligence – now further enhanced by the Group’s increased scale. The merger, completed ahead of schedule, will allow for detailed representation of the many value creation levers in the upcoming 2025–2031 Industrial Plan, to be presented on 29 October.

Athens, 20 June 2025 – Italgas, the National Bank of Greece, and the General State Archives have today signed a Memorandum of Understanding (MoU) aimed at digitizing and preserving documents related to the development of the gas industry in Greece—from importation to distribution. The objective is to create a comprehensive, accessible, and collaborative digital narrative and to promote educational and cultural initiatives tied to the growth of the sector and the development of the country’s energy infrastructure.

The agreement was signed at the Italian Archaeological School of Athens by Paolo Gallo, CEO of Italgas, Ernestos Panayiotou, General Manager Transformation, Strategy and International Activities of the National Bank of Greece and Amalia Pappa, Deputy General Director of the General State Archives, in the presence of the Italian Minister of Culture, Alessandro Giuli, and the Italian Ambassador to Greece, Paolo Cuculi.

“I am very pleased that today Italgas is signing this agreement with two important Hellenic institutions, the National Bank of Greece and the General State Archives, confirming the high priority the company places on Greece, including in the fields of digitalization, protection, and preservation of historical heritage,” emphasized Paolo Cuculi, the Italian Ambassador to Greece. “Enhancing our history, both modern and contemporary, is indeed a distinctive trait of our two countries, and this agreement is a perfect example of that.”

“This Memorandum is much more than a simple collaboration,” said Paolo Gallo, CEO of Italgas. “With this agreement, we are putting our expertise and the technologies developed by our digital transformation laboratory at the service of an ambitious goal: to build a bridge between past and future, between culture and innovation, by making an immense historical heritage easily accessible to all. The Italgas Heritage Lab has demonstrated how the digitization of archives can become a powerful driver of knowledge, identity, and development, available to everyone. And today, we are pleased to share this approach with the National Bank of Greece and the General State Archives, in the awareness that digitizing means protecting a heritage, making it eternal – but not only that; it also enables new ways of experiencing and sharing knowledge.”

“We firmly believe that this Memorandum of Understanding promotes cooperation between institutions and enhances their extroversion. We are joining forces in the effort to highlight and promote the industrial heritage of Italy and Greece, with a particular emphasis on the history of natural gas—introduced in Greece in the second half of the 19th century» highlighted Amalia Pappa, Deputy General Director of the General State Archives. “The General State Archives of Greece are closely linked to the nation’s historical narrative, safeguarding public records from the establishment of the modern Greek state to the present day. In doing so, they ensure the continuity and preservation of Greece’s administrative, political, economic and social history. Thus, the selection and documentation of the relevant archival material of the General State Archives and the Historical Archives of the National Bank of Greece, as well as its  digitization and online availability, will create a set of documents accessible not only to researchers but to everyone”.

“The collaboration of the National Bank of Greece through its Historical Archive with Italgas and the General State Archives, as reflected in the Memorandum, demonstrates our steadfast commitment to protecting historical memory, deepening awareness on financial history, and capturing cultural synergies across borders and industries” said Ernestos Panayiotou, General Manager of Transformation, Strategy and International Activities of the National Bank. “Within the framework of the Memorandum and by utilizing the latest technologies, the important documents held by the Historical Archive of the National Bank of Greece, as well as the relevant scientific research that will be carried out, will shed light on the use of gas in our country from the 1920s to the 1970s as well as on the course of the energy industry in Greece more broadly. Safeguarding and digitizing these archival materials will ensure that the records of our past are not only preserved but also made accessible to future generations”.

Specifically, this project aims to:

• entrust historians and specialized archivists—selected by Enaon, the Italgas Group company operating in Greece—with the curatorship of the content, with support from the National Bank of Greece to ensure scientific rigor and historical accuracy;
• develop an intuitive and secure digital platform for consulting the documentary heritage while preserving its authenticity;
• launch initiatives targeted at schools and educational institutions to raise awareness among younger generations about the importance of energy infrastructure, the responsible use of resources, and the historical and social value of industrial heritage;
• produce materials and tools with educational and cultural purposes, capable of narrating the evolution of the gas industry as a driver of territorial progress;
• organize public events retracing the key stages in the development of the gas industry, highlighting its crucial role in the economic and social growth of local areas.

This is a project that unites two countries under the banner of memory, innovation, shared industrial culture, and the work of Italgas and its Greek subsidiaries Enaon and Enaon EDA.