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Reichlin, "a European agreement on investments is needed for growth"

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Press releases
02/07/2024
Hera Spa
Other press releases

Quality, Safety and Environment: Hera Group confirms a solid protection in compliance with international standards

<p><em>The Bureau Veritas’ certifications have been renewed, with a focus on innovation for sustainability</em></p>
Press releases
19/06/2024
Hera Spa
Price sensitive

Hera Group ranks first in the 2024 ESG Identity Corporate Index (formerly IGI)

<p><em>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 into their governance. This comes as further recognition of the Group’s commitment to creating long-term value for its shareholders and all its stakeholders</em></p>
Online since 19-06-2024 at 11:08
Press releases
11/06/2024
Hera Spa
M&A
Price sensitive

Inrete Distribuzione Energia acquires Soelia’s gas network

<p><em>The Hera Group, through its subsidiary operating in the natural gas distribution sector, strengthens its presence in the area served</em></p>
Online since 11-06-2024 at 11:57
Press releases
15/05/2024
Shareholders’ meeting
Price sensitive
Hera Spa

Publication of documents pertaining to the Shareholders Meeting

Online since 15-05-2024 at 10:35
Press releases
15/05/2024
Price sensitive
M&A
Hera Spa

Hera Group acquires Soelia’s gas network

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

Online since 15-05-2024 at 10:38
Press releases
14/05/2024
Price sensitive
Financial Results
Hera Spa

Hera Group BoD approves results for 1Q 2024

<p>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 ecological transition were confirmed, along with the creation of value for all stakeholders and significant investments in the areas served to improve our assets resilience and to guarantee service quality and continuity</p>
Online since 14-05-2024 at 12:41
Press releases
30/04/2024
Shareholders’ meeting
Hera Spa
Price sensitive

Hera Shareholders Meeting: 2023 financial statements approved and dividend increased to 14 cents

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.

Online since 29-04-2024 at 12:53
Press releases
23/04/2024
Hera Spa
Other press releases

Hera Group at the top of ARERA’s water service quality ranking

The multiutility confirms itself among Italy’s most outstanding operators, securing the first and third positions, with reference to all macro-indicators, as proof of the very high standards adopted by the Group in this field. A commitment that the Hera fulfils with significant investments to ensure the highest quality and continuity of service to around 3.6 million citizens and an increasingly efficient and circular use of resources. Important results have been achieved, particularly in Emilia-Romagna.

08/04/2024
Other press releases
Hera Spa

Publication of the Draft Separate and Consolidated Financial Statements as of 31.12.2023, the Sustainability Report - Consolidated Non-Financial Statement, the Corporate Governance Report, and the Report on Remuneration and Compensation Paid

29/03/2024
Hera Spa
Other press releases

Rigid plastics recycling: one of Europe’s most innovative plants to be built in Modena

<p><em>Thanks to investments totalling approximately 50 million euro, the Hera Group will build a state-of-the-art facility within its own plant complex. Starting from plastic waste that has so far been difficult to recycle, it will produce high quality polymers with characteristics similar to those shown by virgin materials, thus making sectors such as consumer electronics and the automotive industry increasingly sustainable</em></p>
Press releases
27/03/2024
Shareholders’ meeting
Hera Spa

Publication of documents pertaining to the Shareholders Meeting to be held on 30 April 2024

Press releases
26/03/2024
Other press releases
Hera Spa
Price sensitive
Financial Results

Hera Group approves results as at 31/12/2023

<p><em>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 Group’s financial solidity and flexibility allowed it to continue along its path of industrial growth, increasing its investments and successfully grasping market opportunities, both internal and external, while continuing to generate value benefitting all stakeholders. The proposed dividend was raised, reaching 14 eurocents per share</em></p>
Online since 26-03-2024 at 12:47
Press releases
11/03/2024
Hera Spa
Other press releases

Green energy and a new urban forest: the Hera Group’s Energy Park arrives in Bologna

<p><em>Sustainability, decarbonisation, liveability and biodiversity protection are the keywords of this project, which will be developed in the northern part of the city and will contain a new urban park with facilities, complemented by areas dedicated to protecting animal and plant species, and an agrivoltaic field that will allow an annual saving of 6,000 tons of CO2.</em></p>
Press releases
04/03/2024
Shareholders’ meeting
Hera Spa
Other press releases

The passing of Hera S.p.A.'s Vice Chairman, Mr. Gabriele Giacobazzi

We hereby inform you that on March 3, 2024, the Vice Chaiman of the Board of Directors, Mr. Gabriele Giacobazzi, passed away.

Press releases
13/02/2024
Hera Spa
Other press releases

Hera Group among Europe’s leaders in sustainability and the fight against climate change

<p><em>The Group achieved the leadership band in the CDP questionnaire and was included among “TOP 1%” Multi and Water Utilities of the S&amp;P Global’s Sustainability Yearbook 2024. These recognitions prove Hera’s commitment to sustainable development and creating shared value for local areas.</em></p>
Press releases
06/02/2024
Hera Spa
Other press releases

Hera Group: over 1 million new electricity customers as of 1 July

<p><em>With the 7 lots awarded in the tender for the Gradual Protection Service for non-vulnerable household customers, the Hera Group consolidates its position as the sector’s third largest operator in Italy.</em></p>
Press releases
25/01/2024
M&A
Hera Spa
Other press releases

Hera Group expands in the industrial waste sector with TRS Ecology

<p><i><span lang="EN-GB" style="font-size:11.0pt"><span style="line-height:106%"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"></span></span></span></i>With the acquisition of 70% of the Piacenza-based company, the Group reinforces its leadership in the waste management sector. This transaction, at full capacity, is expected to contribute to growth in the Hera Group’s Ebitda with approximately 6 million euro.<i><span lang="EN-GB" style="font-size:11.0pt"><span style="line-height:106%"><span style="font-family:&quot;Arial&quot;,&quot;sans-serif&quot;"> </span></span></span></i></p>
Press releases
24/01/2024
Price sensitive
Financial Results
Hera Spa
Other press releases

Hera Group presents Business Plan to 2027

<p><em>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 the ecological transition and enhance asset resilience to climate change. The preliminary results for 2023 outperform the previous Plan’s goals that have been achieved three years ahead of schedule, thanks to the numerous development actions implemented and the Group’s ability to grasp market opportunities.</em></p>
Online since 24-01-2024 at 12:02
Press releases
22/01/2024
Shareholders’ meeting
Hera Spa
Other press releases
Price sensitive

Calendar of corporate events

Online since 22-01-2024 at 13:24
18/01/2024
Hera Spa
Other press releases

Hera Top Employer for the 15th Consecutive Year

<p><em>The company reaffirms, once again in 2024, its position among the best performers in human resources management, thanks to substantial investments in welfare, training, and skill development.</em></p>

Asset Publisher

21/09/2016
Reichlin, "a European agreement on investments is needed for growth"

The well-known economist commented on the issue of recovery during the conference dedicated to the presentation of the HERA Group's Sustainability Report, devoted this year to resilience and innovation. The multiutility company has made a significant contribution to the development of smart cities, with seven cities served amongst the top 30 in Italy based on level of innovation.

Reichlin,


The well-known economist commented on the issue of recovery during the conference dedicated to the presentation of the HERA Group's Sustainability Report, devoted this year to resilience and innovation. The multiutility company has made a significant contribution to the development of smart cities, with seven cities served amongst the top 30 in Italy based on level of innovation.

"It is useless to negotiate the flexibility of budget rules: we need to favour the liquidity of the capital held by Italian households and, at European level, an agreement for investments is needed". This was the claim made by Lucrezia Reichlin today at the conference "Resilience and innovation: a strategy for business and the community", organised by the HERA Group to present its Sustainability Report. The well-known Italian economist, a professor at the London Business School, took on the topic of the Eurozone's weak recovery, touching on Italy's traditional delays in innovation, efficiency and investments, which hinder the creation of conditions favourable to sustainable economic development.

Sustainability was the real focus of the meeting, which throughout the morning featured the participation of important institutional, economic and academic experts. Presentations were given by, aside from the Group's top management, amongst others, Angelo Rughetti (Under-Secretary of State for Public Administration and Simplification), Valentina Orioli (Councillor for Urban Planning and Environment for the Municipality of Bologna), Francesco Ubertini (Rector of the University of Bologna), Gian Carlo Muzzarelli (Mayor of Modena) and Riccardo Illy (Chairman of the Illy Group).

Two words at the very heart of these reflections - resilience and innovation - were used as a basis from which to comprehend the contribution that a multiutility company like Hera can make to the system of the communities it serves and to new development models, made even more urgent by the scenario outlined by Professor Reichlin. In this sense, positive signs emerge from the Sustainability Report of the Group, which in 2015 alone transferred over Euro 1.65 billion in wealth to the areas it serves, performing a fundamental countercyclical function in favour of the local economies, which is even more important considering the significant slowdown in GDP reported by ISTAT in its August monthly report. "If we look at the Group's entire history, from 2002 until today," said Stefano Venier, Hera's CEO, "investments exceed Euro 5 billion: this means that every resident served has received a significant structural contribution in his or her community". On the same wavelength, Chairman Tomaso Tommasi di Vignano also recalled the multiutility company's commitment to promoting and protecting considerable levels of employment: "The Group has more than 8,500 direct employees," he specified, "and in addition to them, there are more than 5,600 jobs created downstream".

At the same time, Hera, defined by Reichlin as "an experience of success in a context of crisis", continues to improve its environmental and energy performance, anticipating important European objectives for 2025 (on the recycling of packaging, already at 66%) and 2030 (on the reduction of landfill use, which has declined to 8.6%), with separated collection rising to 55.4% and electricity production from renewable sources exceeding 70%. Confirming its dedication to local development, with more than Euro 127 million invested in the water sector alone in 2015, the Group is increasingly becoming a "healthy carrier of resilience", capable of transmitting its efficiencies to the system in which it is integrated.

This is good news for everyone, but especially for the cities served by the multiutility company, seven of which are in the top 30 in Italy due to their level of innovation. This ranking was compiled by EY based on research conducted on 116 provincial capital municipalities and presented during the conference by Francois De Brabant, EY Senior Advisor. Analysing the strengths of the areas in which the HERA Group operates, the study highlighted the contribution its services have made to the development of smart cities. Based on a precise survey of innovation initiatives carried out, using the Smart City Index methodology, the study points to the excellent results achieved by Bologna (1st), Modena (8th), Ravenna (10th), Padua (14th), Forlì (18th), Ferrara (19th) and Rimini (21st), while Udine (31st), Trieste (46th) and Pesaro (50th) also performed well.Hera's contribution makes a difference primarily through waste collection and water cycle management, but it has also had important effects in terms of energy efficiency, smart building (with cogeneration and district heating systems) and renewable energies, without overlooking the 1,250 km of fibre optics available to Hera through the company Acantho.

Online from 21 September 2016 at 17:58:50

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Press releases
11/03/2024
Hera Spa
Other press releases

Green energy and a new urban forest: the Hera Group’s Energy Park arrives in Bologna

2024-03-11 Sustainability, decarbonisation, liveability and biodiversity protection are the keywords of this project, which will be developed in the northern part of the city and will contain a new urban park with facilities, complemented by areas dedicated to protecting animal and plant species, and an agrivoltaic field that will allow an annual saving of 6,000 tons of CO2. The Hera Group is building its first Energy Park in Bologna that combines and puts into practice energy sustainability, decarbonisation, innovation, environmental redevelopment and biodiversity protection. This initiative involves the creation of an advanced agrivoltaic field with photovoltaic panels above ground level, to allow traditional agricultural activity, powered by the clean energy coming from the sun, and an urban forest having green areas with facilities usable by citizens and areas dedicated to animal and plant biodiversity. The Energy Park, a strategic project for Bologna, will be located in the northern area of the city, in the Navile district. The project will be realized by 2026 and represents a fundamental step in the Bologna Climate Mission, the path towards climate neutrality that the Municipality of Bologna is committed to achieving by 2030, which the Hera Group immediately joined. The Energy Park will indeed lead to an annual savings in terms of carbon dioxide coming to roughly 6,000 tonnes: a concrete step taken by the Hera Group towards decarbonisation. The project’s vital statistics The Energy Park will cover a total area of about 50 hectares. On roughly twenty hectares of municipal property, the urban forest will be developed; on the remaining thirty hectares the agrivoltaic field will be built. The advanced agrivoltaic plant combines solar energy production with agriculture and consists of raised photovoltaic panels, installed high enough off the ground so as not to interfere with agricultural activities. In the end, therefore, the same surface area is used twice. The current use of this rural location will be maintained thanks to the use of agrivoltaic technology, which makes it possible to produce clean energy while continuing to use the land for agricultural purposes. The support structures for the photovoltaic panels are positioned at a height from the ground that allows agricultural vehicles to pass underneath, thus minimising land occupation. Energy efficiency is guaranteed by innovative technology, since energy production is maximised by the photovoltaic panels’ ability to follow the sun, automatically orienting themselves towards it. The new plant will have a total capacity coming to around 14 MW and is expected to produce more than 20 GWh of electricity per year, equivalent to the consumption of almost 8,000 households, with annual carbon dioxide savings amounting to roughly 6,000 tonnes. The park that will be open to residents is the other inspiration behind the Energy Park, and is a unique opportunity for the urban redevelopment of the surrounding area, which contains sports centres and residences. This infrastructure will indeed increase the space available for the enjoyment of natural areas or those having naturalistic potential, integrating areas dedicated to plant and animal biodiversity with areas of organised parkland, with bicycle and pedestrian paths open to all. The Energy Park project, for which the Hera Group has obtained a patent, will be the first green infrastructure that combines renewable energy production, soil conservation, the protection of animal and plant species and spaces usable by people. It will also give citizens the chance to participate in the construction of photovoltaic plants by investing in them and receiving in return a discount on their bills equal to the energy produced. The authorisation process for the project is already underway. Construction of the Energy Park is scheduled to begin in 2025, and within 2026 the park will be open and the agrivoltaic plant will be operational. The Hera Group for the energy transition, alongside the communities served The Energy Park is a concrete and innovative example of synergy between renewable energy production, sustainability, agriculture and biodiversity protection, moving towards the decarbonisation of cities. It offers a solution that is fully consistent with the strategy outlined in the Hera Group’s 2027 Business Plan, which as regards the photovoltaic power generation sets the goal of installing about 300 MW over the time covered by the plan. This goal will be achieved preferably through solutions that do not involve further land consumption, such as agrivoltaic plants and a number of projects being implemented on landfills or plants in the Group’s water cycle, as well as installations at customers’ premises, including Renewable Energy Communities. 20240311 PR Hera Group’s Energy Park arrives in Bologna.pdf 11:03:00 energy park per sito.jpg See the press release energy park per sito.jpg
Online dal 11/03/2024 alle ore 11:03
04/03/2024
Shareholders’ meeting
Hera Spa
Other press releases

The passing of Hera S.p.A.'s Vice Chairman, Mr. Gabriele Giacobazzi

We hereby inform you that on March 3, 2024, the Vice Chaiman of the Board of Directors, Mr. Gabriele Giacobazzi, passed away.
Online dal 04/03/2024 alle ore 16:00
Press releases
13/02/2024
Hera Spa
Other press releases

Hera Group among Europe’s leaders in sustainability and the fight against climate change

2024-02-13 The Group achieved the leadership band in the CDP questionnaire and was included among “TOP 1%” Multi and Water Utilities of the S&P Global’s Sustainability Yearbook 2024. These recognitions prove Hera’s commitment to sustainable development and creating shared value for local areas. The Hera Group, one of Italy’s largest multi-utilities operating in the waste management, energy and water sectors, has been confirmed among Europe’s leading companies for its commitment and transparency in the fight against climate change. It achieved an “A-” score in the assessment drawn up by CDP (formerly the Carbon Disclosure Project), the international non-profit organisation specialising in evaluating the climate performance and strategies adopted by companies. This achievement above both the energy utilities sector and the European average (both B), comes alongside Hera’s inclusion, for the fourth year straight, in S&P Global’s Sustainability Yearbook, which sees Hera among the 759 best companies in the world for sustainability performance. The CDP score Hera achieved an A- score, showing clear improvement on the B obtained in 2022. It also achieved the highest rating (A) for managing climate change risks and opportunities and for its emissions data, including indirect emissions. All companies were assessed on the basis of their decarbonisation strategy, the effectiveness of their efforts to reduce emissions and climate risks and to develop a low-carbon economy, as well as the completeness and transparency of the information provided and the adoption of best practices concerning environmental impact. The CDP is an independent not-for-profit organisation that provides companies and countries with a system to measure, track, manage and share climate change information globally, and is the gold standard for investors, companies, cities, states and regions. Completing the CDP questionnaire requires measuring and reporting on all performances and initiatives put in place to reduce greenhouse gas emissions. At the request of more than 740 investors with over $136 trillion in assets, in 2023 this data was reported through CDP’s platform by the companies involved. S&P Global’s Sustainability Yearbook The corporate sustainability performance assessment carried out by S&P Global sees Hera within the “Top 1%” of the best-performing companies in the sector. With an ESG score coming to 82/100, as against an industry average of 43/100, Hera has confirmed its leadership in both the environmental and social dimensions, where it recorded the highest score among Multi and Water Utilities. Membership was highly competitive this year; of the over 9,400 companies assessed in the Corporate Sustainability Assessment 2023, divided into 62 business sectors, only 66 are classified as “Top 1%” and Hera is among them. The S&P Global ESG Score measures a company's performance and management of material ESG risks, opportunities, and impacts informed by a combination of company disclosures, media and stakeholder analysis, modelling approaches, and in-depth company engagement via the S&P Global Corporate Sustainability Assessment. 20240213 PR Hera Group among Europe’s leaders in sustainability.pdf 11:03:00 Nuova_Palazzina_110x150.1533218221.jpg See the press release Nuova_Palazzina_110x150.1533218221.jpg
Online dal 13/02/2024 alle ore 11:03
Press releases
06/02/2024
Hera Spa
Other press releases

Hera Group: over 1 million new electricity customers as of 1 July

2024-02-06 With the 7 lots awarded in the tender for the Gradual Protection Service for non-vulnerable household customers, the Hera Group consolidates its position as the sector’s third largest operator in Italy. Today, the Hera Group, through its subsidiary Hera Comm, was definitively awarded 7 lots (the maximum number allowed, out of the 26 into which the country is divided) in the national tender called by the Single Purchaser for the Gradual Protection Service for non-vulnerable household customers. This achievement will lead to the acquisition of more than 1 million new electricity customers, spread over 37 provinces of Italy, who will become part of the Group’s portfolio as of 1 July 2024. It also marks a significant step towards the target set out in the Business Plan to 2027. More specifically, Hera will strengthen its presence in several regions: Emilia-Romagna, Veneto, Friuli Venezia Giulia, Marche, Tuscany, Abruzzo, Lazio, Umbria, Liguria, Piedmont, Lombardy and Campania. The Group has thus additionally consolidated its position as the country’s third largest operator in this sector, confirming itself as a key player on the national energy market. Cristian Fabbri, Executive Chairman of the Hera Group: “This result represents yet another milestone in the expansion of our commercial services, and an important element of the Business Plan we recently presented. The consolidated experience we have gained in over twenty years working in the energy sector allows us to offer these new customers all the professionalism of our commercial structures, strongly rooted in most of the provinces assigned by this tender. We have always been committed to providing quality services, along with innovative and sustainable solutions to meet the needs of our customers, both residential and business, accompanying them along the path to decarbonisation and making their consumption more efficient.” The result of considerable experience in the sector and significant industrial synergies The Hera Group won 7 lots in the Gradual Protection Service by leveraging the experience previously gained in managing these services and its substantial industrial synergies. The new customers in the Gradual Protection Service will be able to rely on the Hera Group’s consolidated expertise in offering cutting-edge solutions in the energy sector and numerous contact channels, starting from over 200 customer helpdesks located throughout the country, which represent a point of reference to which they can turn for any request, concerning both supplies (gas and electricity) and value-added services (energy saving, sustainable mobility, solutions for businesses). For Hera, focussing on customer and local roots is fundamental: relations with local communities are, in fact, one of the company’s strengths. In addition to its physical network of helpdesks where customers can request free in-depth energy advice, the Hera Group also offers dedicated call centres, a web platform and an App that allow customers to manage their supplies from the comfort of their own homes and find solutions to make their consumption more sustainable. “Already today, we guarantee that our customers receive certified renewable electricity and ensure that greenhouse gas emissions resulting from natural gas consumption are offset”, adds Isabella Malagoli, CEO of Hera Comm. “We will continue to develop new value-added offers and services for energy saving, digital solutions and innovative technologies, with the aim of increasingly customising our customers’ experience, contributing to sustainable growth in this sector and the country’s energy transition.” Other tenders awarded The 7 lots awarded in the Gradual Protection Service for non-vulnerable domestic customers in the electricity market come alongside other tenders recently won by the Hera Group, once again through its subsidiary Hera Comm, in sectors including gas (last resort supply service, default distribution service and Consip GAS15bis tender for supplying Public Administrations) and electricity (Consip EE21 tender for supplying PAs, Gradual Protection Service for small businesses from 1 July 2021 to 30 June 2024, safeguarded service for 2023-2024, Gradual Protection Service for micro-enterprises from 1 April 2023 to 31 March 2027). The Hera Group is the only operator that currently manages all last resort services for end customers in the gas and electricity markets. 20240206 PR 7 lots awarded in the Gradual Protection Service tender.pdf 13:06:00 Nuova_Palazzina_110x150.1533218221.jpg See the press release Nuova_Palazzina_110x150.1533218221.jpg
Online dal 06/02/2024 alle ore 13:06

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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

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Interactive financial statements and sustainability reports
The consolidated economic results at 31 December 2023 and the 2023 sustainability report were approved by the Board of Directors of the Hera Group on 26 March 2024

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Hera SpA, Viale Carlo Berti Pichat 2/4, 40127 Bologna, Tel.051287111 www.gruppohera.it