Ferrara, the city of "green" heat
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Web Content Article on-date Jun 22, 2017 6:59 PM
2017-06-22 sede_HERA.1501171881.jpg PRESS RELEASE OF PUBLIC SHAREHOLDERS OF HERA S.P.A. Press release issued upon request and on behalf of n. 13 Public Shareholders of Hera S.p.A. QUESTO...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date May 8, 2017 4:15 PM
2017-05-10 1Q2017_870x320_slide_cs_eng.1494421957.jpg Consolidated first quarter report shows growth in all operational-financial indicators and a positive contribution coming from all business...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date May 10, 2017 12:44 PM
2017-05-10 In a meeting held today, Hera S.p.A.'s Board of Directors assessed the independence of its own members, appointed by the Shareholders Meeting convened for 27 April 2017. Based on...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Apr 4, 2017 4:51 PM
2017-04-05 Publication of consolidated and separated financial results as at 31/12/2016 Hera informs that consolidated and separated financial results as at 31/12/2016, approved by the B.o.D. are...
Comunicati stampa: Shareholders’ meeting Price sensitive Financial Results -
Web Content Article on-date Mar 27, 2017 12:53 PM
2017-03-28 santagata_biometano_infografica_eng_opt.1501172262.png A virtuous circle that begins with families and returns to citizens, made possible by the new plant that Hera will create in S....
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Mar 14, 2017 10:21 AM
2017-03-21 be2016_870x320_eng_velina.1492010972.jpg The year closes with improvement in all economic-financial and environmental indicators, with results exceeding expectations. Internal and...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Jan 26, 2017 11:02 AM
2017-01-27 sede_HERA.1501171881.jpg Calendar of events CALENDAR OF CORPORATE EVENTS (*) We hereby communicate, in accordance with art. 2.6.2. (Required reporting) of the "Rules of the markets...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Jan 9, 2017 12:06 PM
2017-01-11 slider_870x320_pi.1484127295.jpg Solidly based on data from the 2016 forecast, the new Plan confirms the Group's track record of growth and responds to the most recent changes in the...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Nov 25, 2016 9:54 AM
2016-11-25 approvvigionamento_elettrico.1501233137.png Around 500 million Euros in estimated annual turnover, with resultant positive effects in terms of operating profit. The Hera Group company...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Nov 7, 2016 10:17 AM
2016-11-09 Financial results as at 30 September 2016 Financial results as at 30 September show improvement in key economic and financial indicators and a further reduction of debt. 9M2015...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Sep 28, 2016 6:49 PM
2016-09-29 sede_HERA.1501171881.jpg Hera SpA 1 For information purposes only, the purchase price for the 2019 Notes will, as determined in the manner described in the Tender Offer Memorandum on...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Jul 26, 2016 10:55 AM
2016-07-28 Financial results as at 30 June 2016 Interim report at 30 June 2016 shows rising profits, positive cash flows and lesser borrowing....
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Jul 8, 2016 10:00 AM
2016-07-08 riunione_.1469543703.jpg Sale of ordinary shares of Hera S.p.A. ABB - July 2016 The Municipalities of Castelfranco Emilia, Cesena, Frassinoro, Fiorano Modenese, Formigine, Maranello,...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Jun 22, 2016 5:15 PM
2016-06-22 inrete.1469545883.jpg Inrete will be operational as of 1st July 2016. Nasce INRETE per la distribuzione di gas ed energia elettrica The Hera S.p.A. Board of Directors has approved...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date May 10, 2016 9:58 AM
2016-05-11 Financial results as at 31 March 2016 The interim results at 31 March show positive figures and growth in all main indicators, despite a difficult first quarter, affected by the lesser...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Apr 5, 2016 10:44 AM
2016-04-05 Publication of draft Separate and consolidate financial statements [block]div:row-fluid::db:hr_ir::box:58[/block] The dossier containing the draft Separate and Consolidated Financial...
Comunicati stampa: Shareholders’ meeting Price sensitive Financial Results -
Web Content Article on-date Mar 21, 2016 5:44 PM
2016-03-22 Interactive annual report 2015 The year comes to a close with growth in all main indicators, thanks to the Group's solid business model and its constantly and continuously improving...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Mar 7, 2016 3:07 PM
2016-03-07 hera_luce.1469541514.jpg The deal will guarantee significant benefits for Municipalities served by Hera Luce, estimated at savings for at least 60% in costs for electricity consumed and...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Jan 25, 2016 4:48 PM
2016-01-26 sede_HERA.1469540900.jpg Calendar of events CALENDAR OF EVENTS (*) We here by communicate, in accordance with art. 2.6.2. (Required reporting) of the "Rules of the markets organized and...
Comunicati stampa: Price sensitive Financial Results
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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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