Ferrara, the city of "green" heat
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Web Content Article on-date Mar 9, 2018 9:21 AM
2018-03-07 MMS_Megas870_1520433311_1533042726.1533218896.png Today, the two companies' Shareholders Meetings approved, in an extraordinary session, the project for merger by incorporation of...
Comunicati stampa: Price sensitive M&A -
Web Content Article on-date Feb 8, 2018 10:32 AM
2018-02-08 Nuova_Palazzina_1_870x.1533219586.jpg Based in Pescara, the company operates in gas and electricity sales, with roughly 17,000 customers in the Marche and Abruzzo regions, to be added to...
Comunicati stampa: Price sensitive M&A -
Web Content Article on-date Jan 3, 2018 4:46 PM
2018-01-02 sede_HERA.1501171881.jpg (list drew up in accordance with article n. 143-quater, subparagraph 5, of the CONSOB regulation n. 11971/99) List of shareholders with a stake of over 3% Data...
Comunicati stampa: Price sensitive M&A -
Web Content Article on-date Dec 21, 2017 10:57 AM
2017-12-21 Stefano_Venier.1534411037.jpg Thanks to this operation, Italgas will further reinforce its presence in Sardinia while Hera continues its process of rationalising Group. Italgas and Hera...
Comunicati stampa: Price sensitive M&A -
Web Content Article on-date Dec 14, 2017 3:03 PM
2017-12-14 Tomaso_Tommasi_di_Vignano.1509632134.1534411389.jpg Today, Herambiente completed the purchase of a further 40% of the Treviso company's shares, and the ensuing change in governance. The...
Comunicati stampa: Price sensitive M&A -
Web Content Article on-date Jan 3, 2018 4:32 PM
2017-12-05 Nuova_Palazzina_870x.1533216684.jpg (list drew up in accordance with article n. 143-quater, subparagraph 5, of the CONSOB regulation n. 11971/99) List of shareholders with a stake of...
Comunicati stampa: Price sensitive M&A -
Web Content Article on-date Jan 3, 2018 4:32 PM
2017-11-06 sede_HERA.1501171881.jpg (list drew up in accordance with article n. 143-quater, subparagraph 5, of the CONSOB regulation n. 11971/99) List of shareholders with a stake of over 3% Data...
Comunicati stampa: Price sensitive M&A -
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 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...
Comunicati stampa: Price sensitive M&A -
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,...
Comunicati stampa: Price sensitive M&A -
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...
Comunicati stampa: Price sensitive M&A -
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...
Comunicati stampa: Price sensitive M&A -
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")...
Comunicati stampa: Price sensitive M&A -
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 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 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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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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