Dialogue with the urban context for new energy: the Borgo Panigale cogeneration plant
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Web Content Article on-date Jul 21, 2017 12:08 PM
2017-07-26 1h2017_870x320_slide_eng.1500976592.png The consolidated first-half report at 30 June confirms growth in all operating and financial indicators, as already seen in the first quarter, and...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Jul 5, 2017 12:02 PM
2017-07-05 Nuova_Palazzina_1_870x.1533216772.jpg (drafted pursuant to article 85-b, paragraph 4-b, of Consob Regulation 11971-14 May 1999) Hera S.p.A. hereby communicates that on 1 June 2017 the...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Jun 23, 2017 9:39 AM
2017-06-22 Nuova_Palazzina_870x.1533216684.jpg PRESS RELEASE OF PUBLIC SHAREHOLDERS OF HERA S.P.A. Press release issued upon request and on behalf of n. 13 Public Shareholders of Hera S.p.A. ...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Jun 22, 2017 6:59 PM
2017-06-22 sede_HERA.1501171881.jpg PRESS RELEASE OF PUBLIC SHAREHOLDERS OF HERA S.P.A. Press release issued upon request and on behalf of n. 13 Public Shareholders of Hera S.p.A. QUESTO...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date May 8, 2017 4:15 PM
2017-05-10 1Q2017_870x320_slide_cs_eng.1494421957.jpg Consolidated first quarter report shows growth in all operational-financial indicators and a positive contribution coming from all business...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date May 10, 2017 12:44 PM
2017-05-10 In a meeting held today, Hera S.p.A.'s Board of Directors assessed the independence of its own members, appointed by the Shareholders Meeting convened for 27 April 2017. Based on...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Apr 27, 2017 3:47 PM
2017-04-27 video_azionisti_870x320_2017_eng_1499701045.1533221082.jpg Number of directors passes from 14 to 15, with an additional member representing minority shareholders. Increased presence of...
Comunicati stampa: Shareholders’ meeting Price sensitive -
Web Content Article on-date Apr 5, 2017 6:00 PM
2017-04-06 riunione.1501227958.jpg Publication of documents related to the AGM of 27 April 2017 Hera informs that documents listed below, related to the 27 April 2017 AGM, are available at the...
Comunicati stampa: Shareholders’ meeting Price sensitive -
Web Content Article on-date Apr 4, 2017 4:51 PM
2017-04-05 Publication of consolidated and separated financial results as at 31/12/2016 Hera informs that consolidated and separated financial results as at 31/12/2016, approved by the B.o.D. are...
Comunicati stampa: Shareholders’ meeting Price sensitive Financial Results -
Web Content Article on-date Apr 3, 2017 1:05 PM
2017-04-03 870_Aliplast.1501171633.jpg Herambiente's purchase of the first 40% of shares of the Treviso-based company, a national leader in plastic recycling, was completed today. A further 40%...
Comunicati stampa: Price sensitive M&A -
Web Content Article on-date Mar 27, 2017 12:53 PM
2017-03-28 santagata_biometano_infografica_eng_opt.1501172262.png A virtuous circle that begins with families and returns to citizens, made possible by the new plant that Hera will create in S....
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Mar 14, 2017 10:21 AM
2017-03-21 be2016_870x320_eng_velina.1492010972.jpg The year closes with improvement in all economic-financial and environmental indicators, with results exceeding expectations. Internal and...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Mar 7, 2017 10:17 AM
2017-03-07 Nuova_Palazzina_870x.1533216684.jpg Shareholders meeting notice We hereby announce that a note of convocation has been published on the Company's website (www.gruppohera.it) for the...
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Web Content Article on-date Mar 7, 2017 10:52 AM
2017-03-07 Nuova_Palazzina_1_870x.1533216772.jpg Release of documents related to Gruppo Hera AGM to be held on April 2017 Gruppo Hera informs that AGM documents are now available: On Hera...
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Web Content Article on-date Mar 6, 2017 6:34 PM
2017-03-06 870_Aliplast.1501171634.jpg Thanks to this operation, whose enterprise value amounts to roughly € 100 million, the Hera Group confirms its position among Italy's leaders in recycling and...
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Web Content Article on-date Jan 31, 2017 9:33 AM
2017-01-30 Thanks to the purchase made by Group subsidiary Waste Recycling of the plant sector of the Pisa company Teseco, a primary figure in industrial waste treatment and recovery, Herambiente,...
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Web Content Article on-date Jan 26, 2017 11:02 AM
2017-01-27 sede_HERA.1501171881.jpg Calendar of events CALENDAR OF CORPORATE EVENTS (*) We hereby communicate, in accordance with art. 2.6.2. (Required reporting) of the "Rules of the markets...
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Web Content Article on-date Jan 11, 2017 11:19 AM
2017-01-11 870_Aliplast.1501171634.jpg The Ospedaletto di Istrana (Treviso) company, a national leader in plastic recycling, becomes part of the Hera Group, which thus confirms itself as one of...
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Web Content Article on-date Jan 9, 2017 12:06 PM
2017-01-11 slider_870x320_pi.1484127295.jpg Solidly based on data from the 2016 forecast, the new Plan confirms the Group's track record of growth and responds to the most recent changes in the...
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Web Content Article on-date Nov 25, 2016 9:54 AM
2016-11-25 approvvigionamento_elettrico.1501233137.png Around 500 million Euros in estimated annual turnover, with resultant positive effects in terms of operating profit. The Hera Group company...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Nov 7, 2016 10:17 AM
2016-11-09 Financial results as at 30 September 2016 Financial results as at 30 September show improvement in key economic and financial indicators and a further reduction of debt. 9M2015...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Oct 11, 2016 3:50 PM
2016-10-11 sede_HERA.1501171971.jpg Hera: placement of new bonds under the EMTN programme for Euro 400 million Following the press releases dated respectively 29 September and 6 October 2016,...
Comunicati stampa: Price sensitive M&A -
Web Content Article on-date Oct 6, 2016 11:59 AM
2016-10-06 heracomm_gransasso.1501232997.png The Hera Group consolidates its presence in the Abruzzo region, purchasing the gas and electricity sales company active primarily in the areas...
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Web Content Article on-date Oct 6, 2016 4:50 PM
2016-10-06 sede_HERA.1501171971.jpg Hera: placement of new bonds under the EMTN programme for Euro 400 million Not increased the overall indebtedness of the Group Today, Hera S.p.A (the "Company")...
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Web Content Article on-date Sep 28, 2016 6:49 PM
2016-09-29 sede_HERA.1501171881.jpg Hera SpA 1 For information purposes only, the purchase price for the 2019 Notes will, as determined in the manner described in the Tender Offer Memorandum on...
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Web Content Article on-date Jul 26, 2016 10:55 AM
2016-07-28 Financial results as at 30 June 2016 Interim report at 30 June 2016 shows rising profits, positive cash flows and lesser borrowing....
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Web Content Article on-date Jul 8, 2016 10:00 AM
2016-07-08 riunione_.1469543703.jpg Sale of ordinary shares of Hera S.p.A. ABB - July 2016 The Municipalities of Castelfranco Emilia, Cesena, Frassinoro, Fiorano Modenese, Formigine, Maranello,...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Jun 22, 2016 5:15 PM
2016-06-22 inrete.1469545883.jpg Inrete will be operational as of 1st July 2016. Nasce INRETE per la distribuzione di gas ed energia elettrica The Hera S.p.A. Board of Directors has approved...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date May 10, 2016 9:58 AM
2016-05-11 Financial results as at 31 March 2016 The interim results at 31 March show positive figures and growth in all main indicators, despite a difficult first quarter, affected by the lesser...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Apr 28, 2016 12:43 PM
2016-04-28 assemblea_azionisti_870x320_eng.1462442256.1469545447.jpg 2015 financial statements approved and dividends confirmed matching those of recent years, as foreseen by the business plan....
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Web Content Article on-date Apr 8, 2016 9:59 AM
2016-04-08 riunione_.1469545191.jpg Hera Comm has completed its acquisition of 100% ownership of the gas and electricity sales company. Through this purchase, the Hera Group acquires new customers...
Comunicati stampa: Price sensitive M&A -
Web Content Article on-date Apr 5, 2016 10:44 AM
2016-04-05 Publication of draft Separate and consolidate financial statements [block]div:row-fluid::db:hr_ir::box:58[/block] The dossier containing the draft Separate and Consolidated Financial...
Comunicati stampa: Shareholders’ meeting Price sensitive Financial Results -
Web Content Article on-date Mar 21, 2016 5:44 PM
2016-03-22 Interactive annual report 2015 The year comes to a close with growth in all main indicators, thanks to the Group's solid business model and its constantly and continuously improving...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Mar 10, 2016 5:20 PM
2016-03-10 riunione_.1469543703.jpg Hera Group reinforces its presence in Abruzzo thanks to the acquisition tender for the gas and electricity sales company held by the Municipality of Giulianova....
Comunicati stampa: Price sensitive M&A -
Web Content Article on-date Mar 7, 2016 3:07 PM
2016-03-07 hera_luce.1469541514.jpg The deal will guarantee significant benefits for Municipalities served by Hera Luce, estimated at savings for at least 60% in costs for electricity consumed and...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Jan 25, 2016 4:48 PM
2016-01-26 sede_HERA.1469540900.jpg Calendar of events CALENDAR OF EVENTS (*) We here by communicate, in accordance with art. 2.6.2. (Required reporting) of the "Rules of the markets organized and...
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Web Content Article on-date Jan 11, 2016 10:44 AM
2016-01-11 bp to 2019 eng.png A Plan once again envisaging growth, aimed at a 2019 EBITDA of over € 1 billion. Development to be based on a balanced mixture of internal growth and M&A, including...
Comunicati stampa: Price sensitive M&A
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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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