Ferrara, the city of "green" heat
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Web Content Article on-date May 10, 2018 12:49 PM
Hera BoD approves 1Q 2018 results Financial highlights Revenues at € 1,741.3 million (+10.4%) Ebitda at € 322.7 million (+5.2%) Net profits for shareholders at € 120.5 million (+9.6%) Net debt...
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Web Content Article on-date May 10, 2018 12:19 PM
2 CE 2018-02-22 Hera is one of 13 companies and associations which, together with the Foundation for Sustainable Development, have created the Circular Economy Network, the circularity...
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Web Content Article on-date Aug 24, 2018 5:37 PM
Hera is one of 13 companies and associations which, together with the Foundation for Sustainable Development, have created the Circular Economy Network, the circularity observatory in Italy. The...
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Web Content Article on-date Jul 14, 2017 12:49 PM
During 2018 AGM financial results as at 31/12/2017 are approved and major fiscal year events are presented to shareholders, with special focus on CSR and creation of shared value key indicators. ...
Tipologia Evento: Price sensitive -
Hera Shareholders Meeting: 2017 financial statements and dividends rising to 9.5 cent/share approved
Web Content Article on-date Apr 26, 2018 1:10 PM
president_110 Hera's Ordinary Shareholders Meeting called to approve the 2017 financial statements was held in Bologna this morning. Furthermore, the 2017 sustainability report (a consolidated...
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Hera Shareholders Meeting: 2017 financial statements and dividends rising to 9.5 cent/share approved
Web Content Article on-date Apr 24, 2018 4:03 PM
2018-04-26 Improvement seen in all operating-financial and sustainability indicators, with results exceeding expectations and a renewed commitment to creating shared value. Appointment of...
Comunicati stampa: Shareholders’ meeting Price sensitive -
Web Content Article on-date Apr 19, 2018 4:53 PM
LUOTW_110 The Hera Group - Italy's second operator in the water cycle, with 300 million m 3 of water sold and 3.6 million citizens served - has now become part of the Leading Utilities of the World...
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Web Content Article on-date Apr 19, 2018 3:09 PM
2018-04-18 Hera_SpA_2380_GWI_870_1524149606.1533218688.jpg The first Italian company to be admitted within this network, Hera confirms the international standing of its activities in the water...
Comunicati stampa: Price sensitive M&A -
Web Content Article on-date Aug 29, 2018 3:29 PM
Hera Group will participate this year at the initiative of the University of Milan promoted by the MIP - International Polytechnic Master. The initiative will be held Friday, April 13, 2018 from...
Tipologia Evento: Job and Training -
Web Content Article on-date Apr 9, 2018 11:16 AM
647 2016 Economics results - Comments of the Hera Group President 2014-03-20 360 Fiorenza Bavieri https://www.youtube.com/watch?v=xGdob5-lsTw 2016 Economics results - Comments of the Hera Group...
Tipologia Web Channel: Highlights -
Web Content Article on-date Apr 6, 2018 11:18 AM
2018-04-06 Hera_Italgas870_1513853697.1533218766.jpg All conditions set forth in the agreement having been fulfilled, the 100% divestment of the company holding concessions for gas distribution and...
Comunicati stampa: Price sensitive M&A -
Web Content Article on-date Apr 6, 2018 10:28 AM
Tommasi_Galli_Venier110 Hera and Italgas completed today in Milan the transfer of 100% of Medea S.p.A., the company holding the concession for gas distribution and sales in the city of Sassari....
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Web Content Article on-date Apr 4, 2018 4:36 PM
2018-04-04 Publication of the draft Separate and consolidated financial statements at 31/12/2017, the Sustainability report - consolidated non-financial statement and Shareholders meeting...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Apr 6, 2018 11:43 AM
3 SR2017 2018-02-22 As of April 4 Hera's new sustainability report for 2017 can now be viewed online. With a completely new format, the report once again underlines our strong commitment to our...
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Web Content Article on-date Jul 14, 2017 12:44 PM
Meeting of the BoD to approve Financial Results as at 31/12/2017. The BoD will meet in Bologna - Viale Berti Pichat 2/4 40127 Bologna at 11 am CEST. A press release on the board's discussions and...
Tipologia Evento: Price sensitive -
Web Content Article on-date Mar 22, 2018 12:19 PM
2018-03-27 be2017_870x320_slide_eng.1522151642.jpg Improvement seen in all operating, financial and sustainability indicators. These results, which exceeded expectations, crown a path of...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Mar 27, 2018 1:00 PM
Hera Group approves results at 31/12/2017 Financial highlights Turnover at € 6,136.9 million (+10.3%) EBITDA at € 984.6 million (+7.4%) Net profits at € 266.8 million (+21.1%) Net debt improves,...
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Web Content Article on-date Aug 29, 2018 3:14 PM
Hera Group will take part in the initiative to be held on Friday 23 March 2018 from 9.00 to 17.30 at the University of Ferrara. For more information: go to the website of the University of Ferrara...
Tipologia Evento: Job and Training -
Web Content Article on-date Mar 20, 2018 5:22 PM
2018-03-20 Nuova_Palazzina_1_870x.1533219432.jpg Headquartered in Atessa (Chieti), Sangroservizi offers natural gas sales services to roughly 7,000 customers. Following the recent acquisition of...
Comunicati stampa: Price sensitive M&A -
Web Content Article on-date Aug 29, 2018 3:10 PM
Hera Group will take part in the initiative to be held on Friday 16 March 2018 from 9.00 to 17.30 at the University of Bologna. For more information: go to the website of the University of Bologna...
Tipologia Evento: Job and Training
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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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