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 Apr 23, 2021 3:01 PM
Regenerating resources and closing the circle Hera regenerates resources and “closes the loop” through initiatives and projects in three areas: transition towards a circular economy, sustainable...
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Web Content Article · written-by LUCIA ALGISI on-date Apr 23, 2021 3:00 PM
Blu Blu risorse.png Regenerating resources and closing the circle bs_foglia_2_ico_1.png bs_foglia_2_ico_2.png bs_foglia_2_ico_3.png bs_foglia_2_ico_4.png bs_foglia_2_ico_5.png
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Web Content Article · written-by LUCIA ALGISI on-date Apr 23, 2021 2:56 PM
Pursuing carbon neutrality Hera pursues carbon neutrality through energy efficiency, energy transition and renewable energy. Download this chapter of the report in PDF SBTi Approved science-based...
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Web Content Article · written-by LUCIA ALGISI on-date Apr 23, 2021 2:54 PM
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Web Content Article · written-by ANDREA DE CRESCENZO on-date Apr 23, 2021 2:51 PM
Sustainable strategy and Shared value Shared value creation and stakeholder involvement: the story of a company committed to leave its mark, but not its footprint. Download this chapter of the...
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Web Content Article · written-by ANDREA DE CRESCENZO on-date Apr 23, 2021 2:49 PM
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Web Content Article · written-by ANDREA DE CRESCENZO on-date Apr 23, 2021 2:44 PM
"shared-value" Ebitda "shared-value" investments Of total investments EU Taxonomy-aligned Purpose-driven Code of ethics Science Based Targets validated New Plastics Economy global commitment of the...
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Web Content Article · written-by ANDREA DE CRESCENZO on-date Apr 23, 2021 2:40 PM
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Web Content Article · written-by LUCIA ALGISI on-date Apr 23, 2021 2:23 PM
null Energy, Environment, Local area (and business) Ecological transition mln € null null “shared-value” Ebitda created (52% of the total) three drivers for shared value creation numerous projects...
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Web Content Article · written-by LUCIA ALGISI on-date Apr 23, 2021 2:19 PM
banner_bs_energie_mobile.jpg We are going to reduce emissions by 37% within 2030 Our objective for reducing greenhouse gases has been validated by SBTi banner_bs_energie_desktop.jpg Sinistra Bianco...
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Web Content Article · written-by ANDREA DE CRESCENZO on-date Apr 23, 2021 2:17 PM
Previous editions of our Sustainability reports No Sustainability Report 2022 - NFS.pdf Sustainability Report 2021.pdf Sustainability report 2020.pdf Sustainability Report 2019...
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Web Content Article · written-by LUCIA ALGISI on-date Apr 23, 2021 2:13 PM
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Web Content Article · written-by LUCIA ALGISI on-date Apr 23, 2021 2:09 PM
governance.png clienti.png persone.png fornitori.png Governance and value creation Customers People Suppliers Diversified and balanced ownership between public and private. Adoption of codified...
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Web Content Article · written-by LUCIA ALGISI on-date Apr 23, 2021 2:04 PM
true resilienza.png Enabling resilience and innovating Hera acts to enable sustainable development of its territories through innovation, digital transformation and resilience of its services....
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Web Content Article · written-by LUCIA ALGISI on-date Apr 23, 2021 2:02 PM
false risorse.png Regenerating resources and closing the circle Hera regenerates resources and “closes the loop” through initiatives and projects in three areas: transition towards a circular...
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Web Content Article · written-by ANDREA DE CRESCENZO on-date Apr 23, 2021 2:00 PM
false carbonio.png Pursuing carbon neutrality Hera pursues carbon neutrality through energy efficiency and transition to renewable energy. Sinistra bs_riquadro_1_ico_1.png bs_riquadro_1_ico_2.png...
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Web Content Article on-date Apr 23, 2021 1:57 PM
SI Shared Value, a new strategic approach to corporate social responsibility NO No Centrato
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Web Content Article on-date Apr 23, 2021 1:58 PM
SI Shared Value Hera's responses to the priorities of change. NO No Centrato
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Web Content Article · written-by Palvi Andrea Tonziello on-date Apr 23, 2021 1:56 PM
Image@2x.png Letter to stakeholders A new purpose: business strength to regenerate the ecosystem and the environment. And an innovative reporting focused on creating shared value....
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Web Content Article · written-by LUCIA ALGISI on-date Apr 23, 2021 1:54 PM
img_principale_mobile_bs2023.jpg Sustainable strategy and Shared Value <p style="font-size:18px">Shared value creation and stakeholder involvement: <br>the story of a company committed to leave its...
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Web Content Article · written-by LUCIA ALGISI on-date Apr 23, 2021 1:52 PM
ico-share-copy-2.png ico-share-copy-2.png null null Sustainability Report 2023 - Highlights.pdf Sustainability Report 2023 - NFS (1).pdf Sustainability report - Highlights Sustainability report -...
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Web Content Article on-date Apr 23, 2021 1:50 PM
In this report Report Homepage Letter to stakeholders 1. Sustainable strategy and Shared Value 2. Pursuing carbon neutrality 3. Regenerating resources to come full circle 4. Enabling...
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Web Content Article · written-by LUCIA ALGISI on-date Apr 23, 2021 1:43 PM
<font color="#3a9c71">Sustainability <br>Report Approved by the Board of Directors of Hera Spa on 26 March 2024 2023 img_canvas_desktop_bs2023.jpg img_canvas_mobile_bs2023.jpg
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Web Content Article on-date Feb 8, 2021 1:46 PM
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Web Content Article on-date Apr 21, 2021 2:23 PM
SBTi 2021 We can now boast one of the most ambitious targets for reducing greenhouse gas emissions certified on a scientific basis for a company in Italy: down 37% by 2030 compared to 2019. This...
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Web Content Article on-date Apr 22, 2021 10:09 AM
2021-04-22 Science based target The Group’s objectives in reducing greenhouse gas emissions are among the most ambitious for an Italian company, as officially communicated today, World Earth Day,...
Comunicati stampa: Price sensitive -
Web Content Article on-date Apr 22, 2021 12:29 PM
398 SBTi SBTi 2016-10-10 Hera can now boast one of the most ambitious targets for reducing greenhouse gas emissions certified on a scientific basis for a company in Italy: down 37% by 2030...
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Web Content Article · written-by LUCIA ALGISI on-date Apr 21, 2021 10:30 AM
img_prefooter_fascia_mobile_BEBS2023.jpg The consolidated economic results at 31 December 2023 and the 2023 sustainability report were approved by the Board of Directors of the Hera Group on 26...
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Web Content Article on-date Apr 14, 2021 3:33 PM
SI The particular historical moment we are currently experiencing has taught us, just in case we had forgotten, that complex situations can and must be resolved with the help of all the energy and...
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Web Content Article on-date Apr 14, 2021 3:29 PM
SI Air, water, waste: HERAtech Laboratory’s experience, always up-to-date with regulatory and technological developments Adapting its analytical response to continuous developments of chemical and...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Apr 9, 2021 10:21 AM
Assemblea Soci EN 2022
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Web Content Article on-date Apr 9, 2021 8:54 AM
<span style="color:#00A19B;">Discover more on the official website grenfin.eu</span> SI Goals and content of the project: The GrEnFIn project introduces knowledge and skills in higher education and...
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Web Content Article on-date Apr 7, 2021 3:07 PM
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Web Content Article on-date Apr 6, 2021 7:55 AM
2021-04-06 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...
Comunicati stampa: Price sensitive Shareholders’ meeting -
Web Content Article · written-by Palvi Andrea Tonziello on-date Mar 26, 2021 9:11 AM
Shareholders meeting notice.pdf Minutes of the ordinary shareholders meeting 2022.pdf Summary statement on voting for the items on the agenda at the meeting.pdf
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Web Content Article · written-by Palvi Andrea Tonziello on-date Mar 28, 2022 1:20 PM
Shareholders meeting notice.pdf Minutes of the ordinary shareholders meeting.pdf Summary statement on voting for the items on the agenda at the meeting.pdf
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Web Content Article on-date Mar 26, 2021 7:28 AM
2021-03-26 Kindly note that the following documentation, pertaining to the Shareholders Meeting convened for 28 April 2021, is available to the public at the Company headquarters, on the...
Comunicati stampa: Shareholders’ meeting Price sensitive -
Web Content Article · written-by ANDREA GUERCI on-date Mar 25, 2021 5:56 PM
Si Questions pertaining to the Hera S.p.A. Shareholders meeting on 30 April 2024 Bianco Si GRUPPO
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Web Content Article · written-by Palvi Andrea Tonziello on-date Mar 28, 2022 1:22 PM
No Procedure for participation and voting by proxy Right to ask questions before the Shareholders' Meeting Right to make additions to the agenda and submit proposals for approval Information as to...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Mar 25, 2021 11:41 AM
No Procedure for participation and voting by proxy Right to ask questions before the Shareholders' Meeting Right to make additions to the agenda and submit proposals for approval Information as to...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Mar 28, 2022 1:13 PM
SI Shareholders are asked to attend the Extraordinary and Ordinary Shareholders' Meeting at the head office of Hera S.p.A. - Viale C. Berti Pichat no. 2/4, Bologna - on 28 April 2021 at 10.00 on a...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Mar 25, 2021 11:41 AM
SI Shareholders are asked to attend the Extraordinary and Ordinary Shareholders' Meeting at the head office of Hera S.p.A. - Viale C. Berti Pichat no. 2/4, Bologna - on 28 April 2022 at 10.00 am on...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Mar 25, 2021 11:40 AM
DOCUMENTS ABOUT SHAREHOLDERS' MEETING OF 28 APRIL 2022 Report of the Board of Directors on the issue at item 1 on the agenda - Extraordinary Session Report of the Board of Directors on...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Mar 28, 2022 1:21 PM
DOCUMENTS ABOUT SHAREHOLDERS' MEETING OF 28 APRIL 2021 Report of the Board of Directors on the issue at item 1 on the agenda - Extraordinary session.pdf Report of the Board of Directors...
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Web Content Article on-date Mar 24, 2021 9:47 PM
Sustainability Report 2020 The 2020 sustainability report was approved by the Hera Group Board of Directors on 24 March 2021 box_bs (1).png Find out more NO SI Gruppohera Nero
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Web Content Article on-date Mar 24, 2021 9:47 PM
Interactive annual report at 31/12/2020 The consolidated economic results at 31 December 2020 were approved by the Board of Directors of the Hera Group on 24 March 2021 box_be.png Find out more NO...
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Web Content Article on-date Mar 23, 2021 6:00 PM
SI The bond issues and contracted loans are adequate to meet the Group's investment needs and, at the same time, are obtained at competitive conditions, without any interest rate risk. Current cash...
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Web Content Article on-date Mar 23, 2021 6:01 PM
SI The Group’s emissions summary BONDS MATURITY (YEARS) MATURITY DATE ISSUE SIZE (€/MLN) OUTSTANDING (€/MLN) COUPON PAYMENT ANNUAL COUPON Bond Luxembourg Stock Exchange 8 04/10/2021 500.0 249.9...
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Web Content Article on-date Mar 23, 2021 6:11 PM
null null null No Newsletter Y 2020 Interactive data Archive https://investornews.gruppohera.it/en/?n=186 null null
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Web Content Article on-date Mar 23, 2021 6:11 PM
Press release Y2020.pdf Consolidated Financial Statements 2020 Analyst Presentation Y2020.pdf Economic data Y2020.xls Factsheet Y2020.pdf Audioconference Y2020.mp3
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Web Content Article on-date Mar 23, 2021 6:11 PM
SI Hera BoD approves financial results as at 31 December 2020 Hera Group closed the 2020 financial year with positive results, as well as in all quarters, despite the particularly complex period...
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Web Content Article on-date Mar 23, 2021 6:02 PM
SI Financial Results 1Q2021 Go to site Financial Results Y2020 Go to site Business plan to 2024 Go to site NO No Sinistra
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Web Content Article on-date Mar 23, 2021 5:29 PM
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Web Content Article · written-by THOMAS CECCONI on-date Jul 5, 2023 10:48 AM
SI Market cap (min € as 31/12/22) Shares issued (min) To learn more: Share capital evolution 2003-2023 Share capital variation 2024 Group share capital stable at Euro 1,489,538,745 2023 Group...
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Web Content Article · written-by Davide Donnarumma on-date Mar 23, 2021 5:14 PM
SI To learn more: Share capital evolution 2003-2022 Share capital variation 2023 Group share capital stable at Euro 1,489,538,745 2022 Group share capital stable at Euro 1,489,538,745 2021 Group...
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Web Content Article · written-by THOMAS CECCONI on-date Mar 23, 2021 5:09 PM
SI 2023 dividend (to be paid in June 2024): 14.0 €cent Dividend expected to 2027: 16 €cent Hera, thanks to the increased cash flow expected by the new business plan, foresees a constantly...
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Web Content Article on-date Mar 23, 2021 5:50 PM
SI Hera applies a balanced policy between fixed and variable rate, in order to seize the opportunities offered by the market, while maintaining an average 6 year duration of the financial liability...
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Web Content Article · written-by LUCIA ALGISI on-date Mar 23, 2021 4:31 PM
SI The Group has achieved significant, continuous and uninterrupted growth, leading it to increase its size by almost seven times in 20 years. This is therefore a story of growth, low risk and...
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Web Content Article · written-by LUCIA ALGISI on-date Mar 23, 2021 4:27 PM
SI The Group has adopted a traditional governance model, based on a Board of Directors marked by: an integrated system, strongly oriented towards sustainability (mission, code of ethics, Ethics and...
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Web Content Article on-date Mar 24, 2021 12:41 PM
No Online report Y2020 Bianco Si GRUPPO
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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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