Ferrara, the city of "green" heat
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Web Content Article · written-by LUCIA ALGISI on-date Jun 19, 2024 11:15 AM
2024-06-19 Press_Hera_ESG.jpg For the fourth consecutive year, the Group is on the podium of the overall index ranking, which rewards Italian companies that stand out for integrating ESG factors...
Comunicati stampa: Hera Spa Price sensitive -
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 LUCIA ALGISI on-date May 15, 2024 11:00 AM
2024-05-15 Kindly note that as of today the minutes of the Shareholders Meeting held on 30 April 2024, as well as the articles of association containing the amendments approved by the...
Comunicati stampa: Shareholders’ meeting Price sensitive Hera Spa -
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 May 14, 2024 9:37 AM
2024-05-14 The consolidated quarterly report at 31 March shows improvement in the main operating and financial indicators. The Group’s financial solidity and commitment to sustainability and the...
Comunicati stampa: Price sensitive Financial Results Hera Spa -
Web Content Article · written-by ANDREA GUERCI on-date Apr 29, 2024 6:29 PM
The Group continues along its path of uninterrupted growth, closing 2023 with record performance in the main operating and financial indicators, thus constantly creating value for its stakeholders.
Comunicati stampa: Shareholders’ meeting Hera Spa Price sensitive SOTTOSCRIZIONI ALERT: Price sensitive press release -
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...
Comunicati stampa: Other press releases Hera Spa Price sensitive Financial Results SOTTOSCRIZIONI ALERT: Price sensitive press release -
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...
Comunicati stampa: Price sensitive Financial Results Hera Spa Other press releases -
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...
Comunicati stampa: Shareholders’ meeting Hera Spa Other press releases Price sensitive -
Web Content Article · written-by Palvi Andrea Tonziello on-date Nov 8, 2023 11:42 AM
2023-11-08 The first nine months of the year ended with strong growth in all economic and financial indicators, confirming the Group’s solidity and the effectiveness of its multi-business strategy....
Comunicati stampa: Hera Spa Financial Results Price sensitive -
Web Content Article · written-by Palvi Andrea Tonziello on-date Jul 26, 2023 12:13 PM
2023-07-26 The consolidated half-year report at 30 June shows growth in all main operating-financial indicators, confirming Hera’s financial solidity and once again demonstrating the effectiveness...
Comunicati stampa: Hera Spa Price sensitive Financial Results -
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...
Comunicati stampa: Price sensitive Hera Spa Other press releases -
Web Content Article · written-by Palvi Andrea Tonziello on-date May 15, 2023 11:00 AM
2023-05-15 Kindly note that as of today the minutes of the Shareholders Meeting held on 27 April 2023 are available at company headquarters, on the Hera Group’s website...
Comunicati stampa: Hera Spa Shareholders’ meeting Price sensitive -
Web Content Article · written-by Davide Donnarumma on-date May 10, 2023 3:30 PM
2023-05-10 The Board of Directors of Hera S.p.A. met today and assessed the independence of all members, appointed by the Shareholders Meeting held on 27 April 2023. Based on the declarations made...
Comunicati stampa: Shareholders’ meeting Price sensitive Hera Spa -
Web Content Article · written-by Palvi Andrea Tonziello on-date May 10, 2023 12:10 PM
2023-05-10 The consolidated quarterly report at 31 March shows growth in the main operating-financial indicators, once again proving the financial solidity and strength of the Group’s...
Comunicati stampa: Hera Spa Price sensitive Financial Results -
Web Content Article · written-by Palvi Andrea Tonziello on-date Apr 27, 2023 10:01 AM
2023-04-27 The Group continues along its path of growth, creating value shareholders and the local areas served. Cristian Fabbri appointed Executive Chairman of the Board of Directors and Orazio...
Comunicati stampa: Hera Spa Shareholders’ meeting Price sensitive -
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...
Comunicati stampa: Hera Spa Price sensitive Other press releases -
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...
Comunicati stampa: Hera Spa Price sensitive Other press releases -
Web Content Article · written-by Palvi Andrea Tonziello on-date Apr 4, 2023 11:34 AM
2023-04-05 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: Hera Spa Shareholders’ meeting Price sensitive Financial Results -
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...
Comunicati stampa: Hera Spa Price sensitive Financial Results Other press releases
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What's Ferrara's green secret? It's underground, where a geothermal basin feeds its district heating system. The result? 87% of the thermal energy distributed in the city is "clean" and we avoid about 22 thousand tonnes of CO 2 emissions.
A treasure is hiding under the soil of Ferrara. Not a chest full of gold coins nor a vault containing hidden works of art. It is a gift that nature gave this city. About two thousand metres under the Casaglia hamlet, there is a geothermal deposit from which water is drawn at around 100 °C. It is one of the world' s largest geothermal sources and a completely clean and renewable source of energy.
This natural treasure makes Ferrara's district heating one of the most advanced geothermal plants in Europe. This reservoir, in fact, supplies 43% of the thermal energy to a 160 km long network that serves about 25 thousand housing units. Thanks to geothermal energy, combined with the recovery of the heat generated by the Via Diana waste-to-energy plant, 87% of the heat we distribute in Ferrara is "green". This result is confirmed by the recent Carbon Footprint certification validated by SGS, according to which Hera district heating helps the city of Ferrara to save 22 thousand tonnes of CO2 emissions per year.
The Hera Group, partnered with Enel Green Power in a specially created temporary grouping of companies, has been managing this treasure trove of clean energy since the end of 2019. We began this process in 2017, when we obtained the concession to exploit the geothermal reservoir in the Ferrara subsoil, and we recently completed it by acquiring the Casaglia geothermal power plant. Thanks to this operation, we expect to increase the Ferrara district heating system's use of geothermal energy by a further 23% by 2023, compared to the 2016-2019 average.
In recent years, our strategy has had a single objective: to boost district heating in the city and create an advantage in both the residential and production markets. For example, under an agreement with the Municipality of Ferrara, customers who convert their systems, installing a district heating controller, already receive an 80% discount on the installation.
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