Dialogue with the urban context for new energy: the Borgo Panigale cogeneration plant
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Web Content Article · written-by Giulia Lo Faro on-date Jul 18, 2024 1:51 PM
2024-07-18 centrata To achieve environmental sustainability goals and create value, this leading operator in the shipbuilding industry has signed an agreement with the Hera Group, Italy’s foremost...
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Web Content Article · written-by Lorenzo Senaldi on-date Jul 4, 2024 11:28 AM
(drafted pursuant to article 85-bis, paragraph 4-bis, of Consob Regulation 11971 / 14 May 1999)
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Web Content Article · written-by Giulia Lo Faro on-date Jul 3, 2024 3:44 PM
2024-07-02 The Bureau Veritas’ certifications have been renewed, with a focus on innovation for sustainability centrata Perseverance and continuous improvement, also thanks to innovation: these...
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Web Content Article · written-by LUCIA ALGISI on-date Apr 24, 2024 4:26 PM
The multiutility confirms itself among Italy’s most outstanding operators, securing the first and third positions, with reference to all macro-indicators, as proof of the very high standards...
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Web Content Article · written-by LUCIA ALGISI on-date Apr 8, 2024 3:42 PM
2024-04-08 Kindly note that the following documents, approved by the Hera S.p.A. Board of Directors, have been made available to the public at company headquarters, on the website...
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Web Content Article · written-by LUCIA ALGISI on-date Apr 2, 2024 2:30 PM
2024-03-29 Thanks to investments totalling approximately 50 million euro, the Hera Group will build a state-of-the-art facility within its own plant complex. Starting from plastic waste that has so...
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Web Content Article · written-by ANDREA GUERCI on-date Mar 26, 2024 9:44 AM
2024-03-26 img_primopiano_BE2023_870_V2.png The year closed with main financial indicators rising and the targets included in the strategic Plan to 2026 exceeded three years ahead of schedule. The...
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Web Content Article · written-by LUCIA ALGISI on-date Mar 12, 2024 4:57 PM
2024-03-11 Sustainability, decarbonisation, liveability and biodiversity protection are the keywords of this project, which will be developed in the northern part of the city and will contain a new...
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Web Content Article · written-by LUCIA ALGISI on-date Mar 4, 2024 4:09 PM
We hereby inform you that on March 3, 2024, the Vice Chaiman of the Board of Directors, Mr. Gabriele Giacobazzi, passed away.
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Web Content Article · written-by ELENA FARRE on-date Feb 12, 2024 6:29 PM
2024-02-13 The Group achieved the leadership band in the CDP questionnaire and was included among “TOP 1%” Multi and Water Utilities of the S&P Global’s Sustainability Yearbook 2024. These...
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Web Content Article · written-by ELENA FARRE on-date Feb 6, 2024 11:39 AM
2024-02-06 With the 7 lots awarded in the tender for the Gradual Protection Service for non-vulnerable household customers, the Hera Group consolidates its position as the sector’s third largest...
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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...
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Web Content Article · written-by THOMAS CECCONI on-date Jan 24, 2024 12:09 PM
2024-01-24 Development, resilience and creating shared value for stakeholders are at the heart of the Group’s new strategic document, which foresees investments totalling 4.4 billion to speed up...
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Web Content Article · written-by LUCIA ALGISI on-date Jan 19, 2024 2:43 PM
2024-01-22 Corporate events (*) In accordance with art. 2.6.2 (Required Reporting) of the “Rules of the markets organised and managed by Borsa Italiana S.p.A.", please find below our annual...
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Web Content Article · written-by LUCIA ALGISI on-date Jan 18, 2024 12:19 PM
2024-01-18 The company reaffirms, once again in 2024, its position among the best performers in human resources management, thanks to substantial investments in welfare, training, and skill...
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Web Content Article · written-by LUCIA ALGISI on-date Jan 9, 2024 10:29 AM
2024-01-02 A further confirmation of the importance of Hera’s achievements in terms of gender equality and inclusion The Group has obtained the “Gender equality certification” for its 11 largest...
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Web Content Article · written-by LUCIA ALGISI on-date Dec 12, 2023 3:59 PM
2023-12-12 With this agreement, Modena will become a European capital of renewable hydrogen. The goal is to contribute to Emilia-Romagna’s carbon neutrality in an area with a strong entrepreneurial...
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Web Content Article · written-by LUCIA ALGISI on-date Dec 8, 2023 8:01 PM
2023-12-09 Group confirmed as one of the world’s sustainability leaders in both the Dow Jones Sustainability World Index and the Dow Jones Sustainability Europe Index, once again recognizing Hera’s...
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Web Content Article · written-by Davide Donnarumma on-date Nov 6, 2023 3:31 PM
2023-11-07 fibra carbonio_870.png The Hera Group, through its subsidiary Herambiente, and Leonardo, through its Aerostructures Division, will work together to research the recovery of carbon...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Oct 19, 2023 11:06 AM
2023-10-19 Biorg_CS_870.jpg Thanks to a 28 million euro investment, the NewCo Biorg, born out of a partnership between Herambiente and Inalca, has created an outstanding example of the circular...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Jul 14, 2023 2:59 PM
2023-07-17 The EIB loan will help improve the resilience of the integrated water cycle, energy efficiency and the management of environmental services in the areas served by Hera. Operations in...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Jun 15, 2023 6:00 PM
2023-06-15 Lorenzo Minganti, a non-executive and independent member of Hera S.p.A.’s Board of Directors and of the Company’s Control and Risk Committee, has announced his resignation, due to...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Jun 14, 2023 11:39 AM
2023-06-14 Hera achieves second place in the overall ranking published by the index measuring the degree to which ESG factors are integrated within the governance of Italy’s top 100 listed...
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Web Content Article · written-by Davide Donnarumma on-date Apr 20, 2023 3:20 PM
2023-04-21 Please note that the deed of execution dated April 13, 2023 relating to the issue by Hera S.p.A. of a 600 million euro Sustainability-linked Bond, 10 years, due 2033, is available to...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Apr 13, 2023 5:31 PM
2023-04-14 Strong interest of international investors for the second sustainability-linked bond of the multiutility, for an amount equal to Euro 600 million and a maturity of 10 years, which...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Apr 12, 2023 10:33 AM
2023-04-12 Hera S.p.A. (the “Company”) announces that on the date hereof the update of its Euro Medium Term Notes programme has been completed, with the increase from euro 3.5 billion to euro 4.5...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Apr 4, 2023 9:41 AM
2023-04-03 The regional government has awarded funding for 19.5 million euros for the development of a hub that will produce up to 400 tonnes of hydrogen per year from water and renewable energy...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Mar 21, 2023 12:47 PM
2023-03-21 The year ended positively, with growth in the main operating and financial indicators. The Group’s financial solidity and its multi-business industrial model allowed it to maintain a low...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Mar 9, 2023 11:28 AM
2023-03-09 The recognition came today in Milan, during the eleventh edition of the Prize that analyses and valorises the performance of the most important Italian companies in the utility sector. ...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Mar 2, 2023 4:00 PM
2023-03-02 Hera S.p.A.’s Public shareholders syndicate committee met today and approved the lists of candidates for the position of members of the Board of Directors and the Board of Statutory...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Mar 2, 2023 12:37 PM
2023-03-02 The Executive Chairman of the Hera Group, Tomaso Tommasi di Vignano, after more than twenty years at the head of the company, believes that he has fulfilled his mandate, which expires...
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Web Content Article · written-by Davide Donnarumma on-date Feb 8, 2023 1:43 PM
2023-02-08 Based on positive preliminary results for 2022, the new five-year Plan builds on the solid foundations of the previous one and is enriched with important projects aimed at promoting the...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Feb 7, 2023 9:24 AM
2023-02-07 This year, once again, Hera has received the Gold Class from the rating agency responsible for the Sustainability Awards. This important recognition highlights the Group’s ability to...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Jan 30, 2023 11:57 AM
2023-01-31 Hera has been included for the fourth year in a row in the international index that assesses outstanding companies for their policies relating to gender equality, diversity and...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Jan 19, 2023 2:33 PM
2023-01-24 In accordance with art. 2.6.2 (Required Reporting) of the “Rules of the markets organised and managed by Borsa Italiana S.p.A.", please find below our annual calendar of corporate...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Jan 17, 2023 11:29 AM
2023-01-17 Early 2023 sees Hera confirmed among the best companies in human resource management, thanks in particular to substantial investments in welfare, training and skills development. “It is...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Dec 15, 2022 3:20 PM
2022-12-19 The Group is among the top positions in the international ranking of Utility Networks assessed by S&P Global for its focus on sustainability and its ability to create shared value by...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Dec 7, 2022 3:14 PM
2022-12-10 For the third year in a row, Hera has been confirmed as world leader in the Multi-Utility & Water sector, providing further recognition of the Group’s twenty-year strategy that combines...
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Web Content Article · written-by Davide Donnarumma on-date Sep 15, 2022 5:08 PM
2022-09-28 In the international ranking of Refinitiv’s 2022 “Diversity & Inclusion Index”, the Group is included in the TOP10 globally, becoming the world’s leading multi-utility and the top...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Sep 27, 2022 4:48 PM
2022-09-28 These two Emilia-Romagna companies have signed a three-year agreement to launch circular economy initiatives and boost sorted waste collection and recovery CIRFOOD, a leading Italian...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Sep 5, 2022 3:36 PM
2022-09-06 Within 2023, the Hera Group will build a system in Bologna equipped with “power to gas” technology, integrated with its largest water purification plant. One of the first to be built...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Jul 27, 2022 11:37 AM
2022-07-27 The half-year report shows increasing revenues and Ebitda, thanks to the contribution coming from the Group’s main business areas. The management policies implemented and the solidity...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Jul 25, 2022 10:14 AM
2022-07-25 The Group has successfully concluded its certification process with the multinational Bureau Veritas, the sector’s leader, confirming the commitment shown by Hera over the years with...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Jun 15, 2022 11:30 AM
2022-06-15 For the second year in a row, the Group leads the overall ranking in the index measuring the degree to which ESG factors are integrated within corporate governance. Hera is the foremost...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Jun 8, 2022 10:30 AM
2022-06-08 The Hera Group subsidiary is among the first public lighting companies in Italy to include in its articles of association a commitment to produce benefits for its stakeholders,...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Jun 3, 2022 2:34 PM
2022-06-06 Please note that the deed of execution dated 18 May 2022 relating to the issue by Hera S.p.A. of a 500 million euro Green Bond is available to the public at its registered office, on...
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Web Content Article · written-by Palvi Andrea Tonziello on-date May 17, 2022 10:13 AM
2022-05-17 The new Green Financing Framework of the Hera Group, together with the “second party opinion” released by Sustainalytics, sets out the guidelines for issuance of green bonds and for new...
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Web Content Article · written-by Palvi Andrea Tonziello on-date May 11, 2022 2:54 PM
2022-05-11 In today's meeting, the Board of Directors – following the resignation of CEO Stefano Venier, announced on 5 April and effective as of 26 April 2022 – appointed Orazio Iacono by...
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Web Content Article · written-by Palvi Andrea Tonziello on-date May 11, 2022 3:26 PM
2022-05-11 The consolidated quarterly report at 31 March shows growth in revenues and Ebitda, proving the solidity and resilience of the Hera Group’s business model even in this difficult economic...
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Web Content Article · written-by Palvi Andrea Tonziello on-date May 4, 2022 11:59 AM
2022-05-05 Hera continues to create shared value by focusing on the principles underlying a “fair transition” and is able to support the communities it serves in achieving sustainable development....
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Web Content Article · written-by Palvi Andrea Tonziello on-date Apr 27, 2022 10:37 AM
2022-04-26 As regards the appointment, by the Mayor of Bologna, of Mr. Orazio Iacono as member of the Board of Directors of Hera S.p.A., indicating him for the position of CEO, the company...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Apr 22, 2022 12:24 PM
2022-04-22 A protocol has been signed to implement environmental sustainability and circular economy initiatives, reducing waste, recovering resources and optimising the water cycle to reduce...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Apr 21, 2022 3:36 PM
2022-04-21 The country’s leading catering company and the Emilia-Romagna based multi-utility have forged a circular economy partnership Elior, Italy’s foremost catering company, and the Hera...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Apr 21, 2022 2:03 PM
2022-04-21 The agreement aims to synergize the data collected by the networks in the gas-electricity multiservice area The results of this collaboration could be of interest to multi-utility...
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Web Content Article on-date Apr 13, 2022 10:30 AM
2022-04-13 In addition to the information provided on 5 April 2022, Hera S.p.A., as requested by Consob, states the following: CEO Stefano Venier has resigned from his office, effective as of 26...
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Web Content Article on-date Apr 5, 2022 12:36 PM
2022-04-05 The Board of Directors of Hera S.p.A., after meeting today, acknowledged the resignation of Stefano Venier as Chief Executive Officer of the Company, formally presented on 4 April 2022....
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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...
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Web Content Article on-date Feb 24, 2022 9:29 AM
2022-02-24 On the occasion of the tenth edition of this award, reserved for public utility companies, Hera received the first prize overall among the companies analysed, awarded today during an...
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Web Content Article on-date Feb 1, 2022 12:28 PM
2022-02-01 For the second time in a row, Hera has been awarded the S&P Global Gold Class Sustainability Award. This is the highest recognition reserved for listed companies included in the Dow...
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Web Content Article on-date Jan 28, 2022 10:55 AM
2022-01-28 Sede Hera CALENDAR OF CORPORATE EVENTS (*) In accordance with art. 2.6.2 (Required Reporting) of the “Rules of the markets organised and managed by Borsa Italiana S.p.A.", please find...
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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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