Inrete Distribuzione Energia acquires Soelia’s gas network
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The Hera Group, through its subsidiary operating in the natural gas distribution sector, strengthens its presence in the area served
This morning, at the Hera Group’s headquarters, the Group, acting through its subsidiary Inrete Distribuzione Energia, one of the leading operators in the natural gas distribution sector with over 1.1 million active point of delivery (PoD), and Soelia, a multiservice company wholly owned by the municipality of Argenta (Ferrara), finalised the transaction involving the sale of Soelia’s business unit concerning plants, natural gas distribution networks and related management services.
This agreement follows up on the tender called by Soelia and awarded on 15 May to Inrete Distribuzione Energia, which also led this Hera Group subsidiary to acquire Soelia’s 2.85% stake in Sinergas.
This transaction further strengthens the Hera Group’s presence in its reference area, thus guaranteeing that an increasingly wide community of citizens benefits from the high standards in service quality, continuity and safety provided by the Group. In particular, Hera has now synergistically consolidated its presence in the municipality of Argenta, near Ferrara, where it already operates the integrated water service.
Details of the partnership
As of 1 July 2024, the company Inrete Distribuzione Energia will take over from Soelia in the gas distribution service in the municipality of Argenta. Inrete has indeed acquired Soelia’s gas distribution network, which serves approximately 10,000 PoD in the municipality of Argenta with facilities including roughly 240 km of pipelines, 5 high to medium pressure reduction and metering plants, 1 final reduction station and 44 local stations for low pressure reduction. Inrete Distribuzione Energia will take up this management under a renewal agreement, with the commitment of keeping the staff of the company branch acquired from Soelia unchanged.
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Telephone: +39 051 287111
HERA SPA
Viale Carlo Berti Pichat nr. 2/4 - 40127
Bologna
Contacts
Telephone: +39 051 287111
HERA SPA
Viale Carlo Berti Pichat nr. 2/4 - 40127
Bologna