Dialogue with the urban context for new energy: the Borgo Panigale cogeneration plant
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Web Content Article on-date Oct 6, 2021 9:06 AM
(drafted pursuant to article 85-bis, paragraph 4-bis, of Consob Regulation 11971 / 14 May 1999)
Comunicati stampa: Shareholders’ meeting Price sensitive -
Web Content Article on-date Oct 5, 2021 10:55 AM
2021-10-06 Hera is among the first companies in Italy to publish its Sustainability-Linked Financing Framework. An important point of reference also for issuing bonds in the future, its includes...
Comunicati stampa: Price sensitive Other press releases -
Web Content Article on-date Sep 29, 2021 9:55 AM
2021-09-29 In the international standing provided by Refinitiv’s 2021 “Diversity & Inclusion Index”, the Group ranks 42nd globally, second overall among multi-utilities and third in Italy. Policies...
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Web Content Article on-date Sep 20, 2021 2:35 PM
2021-09-20 The multi-utility, 100% controlled by the Hera Group, won with a bid focused on sustainability and creating value. In the coming months a 12-year contract will be signed with the...
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Web Content Article on-date Sep 10, 2021 4:38 PM
2021-09-13 By acquiring this Veneto-based company, the Hera Group has further consolidated its leadership in the waste management sector. From this and two similar transactions completed in the...
Comunicati stampa: Price sensitive M&A -
Web Content Article on-date Sep 9, 2021 1:01 PM
2021-09-09 Through its subsidiary EstEnergy, the Group has acquired 11% of the share capital of Ascotrade, a gas and electricity sales company, from Bim Gsp, now controlling it entirely. This...
Comunicati stampa: Price sensitive Hera Spa M&A -
Web Content Article on-date Sep 3, 2021 9:46 AM
(drafted pursuant to article 85-bis, paragraph 4-bis, of Consob Regulation 11971 / 14 May 1999)
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Web Content Article on-date Aug 4, 2021 9:51 AM
2021-08-04 (drafted pursuant to article 85-bis, paragraph 4-bis, of Consob Regulation 11971 / 14 May 1999) Communication of the overall amount of voting rights Bologna, 4 August 2021 - The...
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Web Content Article on-date Jul 30, 2021 11:19 AM
2021-07-30 potabilizzatore_val_di_setta.jpg The certification process for the Val di Setta plant, located in Sasso Marconi and serving Bologna’s main aqueduct, has been successfully completed,...
Comunicati stampa: Price sensitive Hera Spa Other press releases -
Web Content Article on-date Jul 28, 2021 11:42 AM
2021-07-28 The half-year report shows significant growth in operating and financial indicators, thanks to the contribution coming from the Group’s main businesses. The pursuit of sustainable...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Jul 21, 2021 11:00 AM
2021-07-21 The Hera Group ranks 5th internationally among the Utility Networks assessed by this rating agency’s Sustainable Finance analysts, thanks to its focus on sustainability, which has...
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Web Content Article on-date Jul 7, 2021 4:08 PM
2021-07-07 The two companies have partnered to form a NewCo for transforming organic waste and agro-food wastewater into 100% renewable methane and compost, using a plant equipped with the most...
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Web Content Article on-date Jul 5, 2021 10:25 AM
2021-07-05 (drafted pursuant to article 85-bis, paragraph 4-bis, of Consob Regulation 11971 / 14 May 1999) Communication of the overall amount of voting rights Bologna, 5 July 2021 - The following...
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Web Content Article on-date Jun 30, 2021 7:28 AM
2021-06-30 The Hera Group has consolidated its leadership in industrial waste treatment and extended its scope of operations in northern Italy thanks to the acquisition of this Friuli-based...
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Web Content Article on-date Jun 16, 2021 10:15 AM
2021-06-16 The Hera Group leads the overall ranking in this index, which measures the extent to which sustainability is integrated within corporate strategies. Hera is also at the top of the...
Comunicati stampa: Other press releases Hera Spa Price sensitive -
Web Content Article on-date Jun 3, 2021 9:57 AM
2021-06-04 (drafted pursuant to article 85-bis, paragraph 4-bis, of Consob Regulation 11971 / 14 May 1999) Communication of the overall amount of voting rights Bologna, 4 June 2021 - The following...
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Web Content Article on-date May 24, 2021 11:32 AM
2021-05-24 The NewCo will carry out its first interventions in the Tre Monti area of the Bussi sul Tirino (PE) site of national interest, and will later extend its activities to areas of the Bussi...
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Web Content Article on-date May 12, 2021 12:50 PM
2021-05-12 The consolidated quarterly report at 31 March shows further improvement in all main operating and financial indicators, with financial solidity confirmed as a strong point, as has also...
Comunicati stampa: Price sensitive Hera Spa Financial Results -
Web Content Article on-date May 11, 2021 5:43 PM
2021-05-11 Sede Hera Following the press release dated 4 May 2021, Hera S.p.A. (the “Company”) announces the final results of the partial tender offer (the “Tender Offer”) addressed to the holders...
Comunicati stampa: Price sensitive Shareholders’ meeting Hera Spa -
Web Content Article on-date May 7, 2021 4:31 PM
2021-05-10 Sede Hera On Friday 7 May, Standard & Poor’s upgraded Hera’s rating to BBB+ with a stable outlook, in recognition of the path of growth achieved over the years and the Group's results...
Comunicati stampa: Price sensitive Shareholders’ meeting Hera Spa
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District heating is already in itself a "sustainable" and environment-friendly solution, because it can guarantee better performance than traditional domestic boilers. In addition, the plant located in Borgo Panigale ensures lower emissions into the environment, more reliability and greater availability of energy. The system can heat the equivalent of 8,000 residential units. Currently, the turbines can produce 35,000 MWh of energy per year, almost twice as much as in the past.
When going by the roundabout between Via Prati di Caprara and Via Vittorio Sabena in the Reno di Borgo Panigale neighbourhood in Bologna, it seems like you are passing next to a gigantic colourful radiator. It has the appearance of a modern work of art, but instead it is the Hera Group’s new cogeneration plant.
This plant has changed the face of the entire neighbourhood since it was inaugurated in October 2017. Its characteristic element is the elliptical structure covering the stack of the plant. It consists of 576 plates of colourful porcelain stoneware arranged on multiple overlapping rings that create a combination of colours and light with the nuances typical of the city of Bologna: brick red, ochre yellow, tuff yellow, dark brown and rust.
Hera’s undertaking for an efficient district heating system
The Cogen plant, which stands in Via Paolo Nanni Costa, is not only Hera’s jewel from the architectural viewpoint - perfectly integrated with the new urban context of the neighbourhood - but is also the Group’s pride and joy from the production viewpoint. Entirely designed and built by Heratech, the engineering essence of the Hera Group, the plant produces energy in cogeneration, meaning both electricity and hot water necessary for the district heating network. Built thanks to an investment topping Euro 17 million, the plant heats the equivalent of 8000 housing units and currently the turbines produce up to 35,000 Mwh of energy a year, almost double that of the past.
District heating is already in itself a “sustainable” and eco-friendly supply because it is able to guarantee greater efficiency than the traditional household boilers. What’s more is that the plant guarantees less atmospheric emissions, greater reliability and a higher availability of energy with 90% efficiency.
What does all of this mean in terms of benefits for the environment? It is like planting 25,000 new trees every year. Or stopping the flow of traffic of 8000 vehicles during the same period.
Technology, efficiency, reutilisation of the land
The use of advanced technology and energy efficiency are therefore the cornerstones of this work, in line with Hera’s mission for sustainable development. But that’s not all. The new Cogen district heating plant made a remarkable impact also in terms of land reutilisation. Built on the site of the thermoelectric plant in operation since the 1990s, the Cogen plant allowed the plant in Via Segantini to be shut down and today only one plant is able to cover the same requirement guaranteed by the two of the past. (is it advisable to say that?) Yes, I think so
This is an enormous goal that Hera has met, which sets upgrading existing facilities one of its primary objectives. If the percentage of land reutilisation was 77% in the Group Sustainability Report closed in 2019, the development of the network works and of plants presently in progress and included in the 2020-2023 Industrial Plan will allow 73% of reutilised land to be guaranteed. (data updated to 2019).
The undertaking of the Hera Group for energy efficiency
The Borgo Panigale Cogen plant is part of the 343 interventions forming the plans for improvement of Hera, Inrete, AcegasApsAmga and Marche Multiservizi at year-end 2019, and that will allow consumption to be cut by 13,740 Tep (-5.9% energy consumption compared to 2013), passing the target set for 2020 by -5%. (data updated to 2019).
The Bologna Cogen plant in figures:
- 8,000 housing units served
- 35,000 Mwh energy produced each year
- Euro 17 million invested
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