Dialogue with the urban context for new energy: the Borgo Panigale cogeneration plant
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Web Content Article · written-by LUCIA ALGISI on-date Jun 11, 2024 1:21 PM
2024-06-11 The Hera Group, through its subsidiary operating in the natural gas distribution sector, strengthens its presence in the area served centrata This morning, at the Hera Group’s...
Comunicati stampa: Hera Spa M&A Price sensitive -
Web Content Article · written-by Mario Egidio on-date May 26, 2024 12:35 PM
Comunicati stampa: Sustainability Research and Development Financial Results Products/Services M&A Shareholders’ meeting -
Web Content Article · written-by LUCIA ALGISI on-date May 15, 2024 10:22 AM
Through its subsidiary Inrete Distribuzione Energia, the Group was awarded the tender for the gas distribution plants and network serving the municipality of Argenta in Ferrara area
Comunicati stampa: Price sensitive M&A Hera Spa -
Web Content Article · written-by LUCIA ALGISI on-date Jan 25, 2024 2:07 PM
2024-01-25 With the acquisition of 70% of the Piacenza-based company, the Group reinforces its leadership in the waste management sector. This transaction, at full capacity, is expected to...
Comunicati stampa: M&A Hera Spa Other press releases -
Web Content Article · written-by Palvi Andrea Tonziello on-date Nov 10, 2023 11:49 AM
2023-11-10 Following Ascopiave’s partial exercise of the put option, the Hera Group, through its subsidiary Hera Comm, now holds 75% of EstEnergy, the largest energy operator in North-Eastern Italy...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Sep 27, 2023 10:17 AM
2023-09-27 The merger deed was signed today and follows the acquisition, last March, of 92% of Asco TLC by the Hera Group subsidiary and Ascopiave. The transaction will strengthen Acantho’s...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Jul 27, 2023 4:58 PM
2023-07-27 The merger leads to the strengthening of Acantho's position in the IT-TLC sector: thanks to Asco TLC's cutting-edge skills and infrastructure, the digital company expands its assets and...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Jul 6, 2023 9:52 AM
2023-07-06 This transaction, strongly linked to the local social and industrial fabric, represents a major new commitment made by the Group to promote the energy transition and decarbonisation in...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Jun 29, 2023 9:24 AM
2023-06-29 Through its subsidiary Hera Comm, the Group has acquired 60% of the long-standing Rimini-based company, a reference point for technological systems and renewable energy throughout Italy,...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Mar 14, 2023 10:19 AM
2023-03-14 The transaction represents a strategic step in the business portfolio evolution of both the groups in the IT-TLC sector, in line with their respective industrial plans. Today, the Hera...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Mar 8, 2023 10:06 AM
2023-03-08 With reference to the binding agreement signed on 7 November 2022, the partnership was finalised today between Hera and ACR, one of Italy’s leading companies in the sector of...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Dec 29, 2022 2:26 PM
2022-12-29 Following the press release issued on 29th November 2022, the Hera Group and the Ascopiave Group herein announce that today they have signed the contract deliverables governing the...
Comunicati stampa: Hera Spa Price sensitive M&A -
Web Content Article · written-by Palvi Andrea Tonziello on-date Dec 1, 2022 12:02 PM
2022-12-01 Ascopiave partially exercised the put option on its investment in EstEnergy, selling 8% of the capital to Hera Comm, the majority shareholder. Subsequent to the transaction, the Hera...
Comunicati stampa: Price sensitive M&A Hera Spa -
Web Content Article · written-by Davide Donnarumma on-date Nov 29, 2022 3:27 PM
2022-11-29 The partnership between the two companies, which won the public tender called by Asco Holding, is a strategic milestone in the evolution of the business portfolio of the two groups in...
Comunicati stampa: Price sensitive M&A Hera Spa -
Web Content Article · written-by Palvi Andrea Tonziello on-date Nov 7, 2022 3:52 PM
2022-11-07 The binding agreement signed today provides for the acquisition by the Hera Group of 60% of ACR, based in Modena and leader in the remediation and industrial waste treatment sector. ...
Comunicati stampa: Price sensitive Hera Spa M&A -
Web Content Article · written-by Palvi Andrea Tonziello on-date Jun 29, 2022 3:42 PM
2022-06-30 With the acquisition of 70% of this long-standing company based in the Marche region, the Hera Group subsidiary expects a 10% increase in turnover and a 5% rise in Ebitda, when in full...
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Web Content Article on-date Mar 28, 2022 1:06 PM
2022-03-28 Kindly note that the following documentation, pertaining to the Shareholders Meeting convened for 28 April 2022, is available to the public at the Company headquarters, on the authorised...
Comunicati stampa: M&A Other press releases -
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 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...
Comunicati stampa: M&A Price sensitive
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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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