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Sustainable agriculture: Hera with Yara Italia and Sapio for green hydrogen

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Press releases
05/07/2024
Hera Spa
Other press releases
Shareholders’ meeting

COMMUNICATION OF THE OVERALL AMOUNT OF VOTING RIGHTS

(drafted pursuant to article 85-bis, paragraph 4-bis, of Consob Regulation 11971 / 14 May 1999)

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

Asset Publisher

04/02/2021
Sustainable agriculture: Hera with Yara Italia and Sapio for green hydrogen

Aimed at contributing to decarbonising the agriculture sector, Hera has signed a memorandum intended to study the feasibility of a project for generating and using green hydrogen, linked to a concrete goal: fuelling the fertiliser produced by Yara Italia, the leader in this industry. Sapio is also involved, for the technological aspects and hydrogen management

In times of climate change, a transition in the agricultural transition is a challenge as urgent as it is complex, because it requires not only reducing high water consumption but also limiting the emissions involved in the many processes concerned by agriculture, both directly and indirectly.

The fertiliser sector is unquestionably among these processes, and is the subject of the memorandum signed by the Hera Group – one of Italy’s largest multi-utilities – with Yara Italia, a leader in nitric and complex fertiliser production, and by Sapio, a leading figure in the field of technical and medical gases. The memorandum is intended to explore the possibility of increasing sustainability in the agriculture sector, by using green hydrogen.

A plant able to produce up to 500 tons/year of green hydrogen

Based on this agreement, Hera, Yara and Sapio will begin a coordinated series of analyses that, within the year’s end, will assess the technological, economic and regulatory feasibility of a concrete project for using renewable energy and developing the green hydrogen industry. The project covers green hydrogen generation, transportation and use to fuel fertiliser production.
In particular, the experimental plant intended for generating hydrogen would use the renewable energy produced by Hera’s Ferrara WTE plant, to produce hydrogen from water and thus fuel Yara Italia’s nearby industrial facility, dedicated to fertiliser production. Scouting the plant technologies will be done by Sapio, who will also be responsible for further evaluations concerning the technical solutions through which Yara’s facility will be supplied. An annual green hydrogen production capacity coming to 500 tons is expected.

Commitment to green energy at the centre of Hera’s strategies

By signing this memorandum, the Hera Group has given new impetus, only a few weeks after the approval of its Business Plan to 2024, to its commitment towards innovation, renewable energy and carbon neutrality. In line with European strategies and the goals on the UN’s 2030 Agenda, the environmental content of the Plan calls for not only promoting a circular economy and intervening to increase infrastructure resilience, but also all actionsfor energy transition and the fight against climate change, which increasingly involve biomethane, hydrogen and green syngas. The Group’s investments in technological innovation are fundamental in this sense, essential in searching for sustainable solutions in the area of so-called “clean energies”.
Hera has been working towards sustainability in the agriculture sector for some time, for example through a circular and resilient management of water that also involves various projects in regenerating water resources and reusing waste water.

“Developing clean energy”, remarks Stefano Venier, Hera Group CEO, “necessarily involves periods of research that, following the spirit underlying this memorandum, consolidate the expectations of our most advanced projects. Furthermore, it is equally important to set out these projects in a concrete and sustainable way, to meet the needs of sectors such as agriculture, which still have a significant environmental impact in terms of resource consumption, from water to energy. A commitment to sustainability, in any case, has always been in our DNA, as is further proven by Hera’s recent inclusion in theDow Jones Sustainability Index, and our decision to voluntarily apply the recommendations of the “Task Force on Climate-related Financial Disclosures” (TCFD) in our reporting as of the 2020 financial year. Our goal, reaffirmed in the Business Plan to 2024 as well, is to keep raising the bar, and forward-looking projects such as the one launched with Yara Italia and Sapio go precisely in this direction, exploring possibilities that, in a modular way, can be replicated elsewhere as well.”

Yara Italia, the Italian branch of the Norwegian multinational Yara International ASA, a world leader in the fertiliser sector, has been successfully working for years to shape change as regards sustainability. Reducing CO2 emissions and water consumption, improving the environmental and energy sustainability of production processes and implementing regenerative solutions for soil that increase the effectiveness of fertiliser and thus reduce overuse, are at the top of the Group’s list of strategic priorities. Participating in this project is for Yara an additional, significant step in this direction.

Sapio has maintained its vision of sustainability for almost a century, and is strongly committed to remaining at the forefront in developing and promoting the hydrogen sector, to allow Italy, which boasts an advantageous geographical position and important distribution networks, to become a European leader. Sapio, an active member of H2IT (the Italian Hydrogen and Fuel Cell Association) and the European Clean Hydrogen Alliance, covers all modalities of hydrogen production and distribution, through to its final applications, guaranteeing a high-quality offer with significant technological value.

“Hydrogen is the future. And the future is now”, remarks the Chairman of the Sapio Group and the Associazione H2IT, Alberto Dossi. “We are witnessing an important historical moment, and it is equally important to collaborate with companies such as Hera and Yara. This example proves that this sector, in our country, is prepared to lead Italy to play a central role in the energy transition. We have both an industrial and a scientific mission, thanks to our relations with leading universities and research centres. To rise to the challenge of decarbonisation, the time has come to formulate a national strategy for hydrogen, that will allow us to reach the ambitious goals set out by the Ministry of Economic Development, which call for a usage of hydrogen coming to 20% within 2050.”

Online from 04 February 2021 at 10:51:00

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Press releases
19/12/2022
Hera Spa
Other press releases

Hera among the best utilities in S&P Global Ratings ESG evaluations

2022-12-19 The Group is among the top positions in the international ranking of Utility Networks assessed by S&P Global for its focus on sustainability and its ability to create shared value by contributing to the energy transition Following its recent confirmation, for the third consecutive year, within the Dow Jones Sustainability Index, World and Europe, the Hera Group once again ranks among the companies that pay the most attention to sustainability and ESG aspects internationally. Hera’s latest ESG Evaluation, carried out by the Sustainable Finance analysts of S&P Global Ratings, has indeed also been recently published. This is a cross-industry assessment of the Group’s ability to effectively manage, in the medium and long term, its exposure to environmental, social and governance risks, as well as to grasp opportunities arising from the changes required by a constantly evolving international context. This year, the Hera Group, among the first in Italy to have published its own ESG Evaluation as early as 2021, obtained an overall score of 81/100, making it one of the best companies internationally as assessed by S&P Global Ratings. The score obtained (81) sets it well above the international (72) and European (76) average. This comes as further important recognition for the attention that the Hera Group dedicates to ESG aspects in pursuing a strategy of sustainable, long-term growth, which has characterised it since it was established in 2002, and which complements and goes hand in hand with its financial solidity. In particular, in the ESG Evaluation just published, the Hera Group is assessed by S&P Global Ratings as being strongly prepared to implement its strategy of creating shared value, contributing to the transition towards a circular and low-emission economy. Hera has, in fact, shown itself ready to face the potential risks arising from the energy crisis, thanks to its ability to balance the need for transition with the security and availability of energy sources. The most distinctive factors to be positively evaluated include: a robust governance, characterised by a high level of independence and transparency; resilience to external shocks thanks to a multi-business model that maintains sustainability principles as an integral part of its growth and development strategy; its ability to collaborate with various stakeholders, including municipalities, local communities and universities; its ability to capitalise on circular economy principles by investing in technology and innovation to reduce its environmental footprint, including through recycling plastics and energy production from waste, with results superior to other operators; transparent annual reporting on its greenhouse gas emissions in relation to its 2030 reduction targets; the constant alignment of its financing strategy and remuneration structure with its goals in shared value creation, which has helped to strengthen the involvement of the corporate population; the level of diversity confirmed by a high percentage of women in management positions and the inclusive approach towards local communities. 20221219_Hera TOP in S&P Global Ratings ESG evaluations.pdf 10:31:00 Nuova_Palazzina_110x150.1533218221.jpg See the press release Nuova_Palazzina_110x150.1533218221.jpg
Online dal 19/12/2022 alle ore 10:31
Press releases
10/12/2022
Hera Spa
Other press releases

Hera top multi-utility worldwide in the Dow Jones Sustainability Index

2022-12-10 For the third year in a row, Hera has been confirmed as world leader in the Multi-Utility & Water sector, providing further recognition of the Group’s twenty-year strategy that combines corporate growth with the creation of value for all stakeholders The Hera Group, one of Italy’s largest multi-utilities operating in the waste management, energy and water sectors, was confirmed for the third consecutive year as the top-ranking company in the Multi-Utility & Water sector of the Dow Jones Sustainability World Index for sustainability performance in all three Environmental, Social and Governance (ESG) areas. This recognition comes from S&P Global, which late yesterday published the updated ranking defined by the prestigious international stock market index that assesses the social responsibility of listed companies As in past editions, this year as well Hera has been included in both the Dow Jones Sustainability World Index and the Dow Jones Sustainability Europe Index. More specifically, the Group achieved an overall score of 90/100, the highest in the Multi-Utility & Water sector, against a sector average of 32/100. The ratings obtained were 89/100 in Environment, 91/100 in Social and 91/100 in Economic & Governance, achieving a leadership position in all three areas assessed. These results provide further recognition of Hera’s commitment to all aspects of sustainability as an integral part of its 20-year growth strategy focused on creating value for its stakeholders. Listed since 2003 and part of the FTSE MIB since 2019, Hera stock, which has been included in the Dow Jones Sustainability Index since 2020, was also listed on the MIB ESG Index in 2021, the first blue-chip index for Italy dedicated to ESG best practices, launched by Euronext. This year, the Hera Group also became part of the TOP 10 of Refinitiv’s international “Diversity & Inclusion Index” ranking, first overall among multi-utilities and first among Italian companies, as confirmation of its commitment to promoting diversity, inclusion and people development. 20221210_Hera in the Dow Jones Sustainability Index 2022.pdf 09:49:00 Nuova_Palazzina_110x150.1533218221.jpg See the press release Nuova_Palazzina_110x150.1533218221.jpg
Online dal 10/12/2022 alle ore 09:49
Press releases
01/12/2022
Price sensitive
M&A
Hera Spa

Ascopiave sells 8% of Estenergy’s capital to the Hera Group

2022-12-01 Ascopiave partially exercised the put option on its investment in EstEnergy, selling 8% of the capital to Hera Comm, the majority shareholder. Subsequent to the transaction, the Hera Group will hold a 60% stake in EstEnergy, the largest energy player in North-Eastern Italy with over one million customers. Today, Ascopiave S.p.A. and the Hera Group, through the subsidiary Hera Comm, signed the agreement for the sale by Ascopiave S.p.A. of an 8% stake in the capital of EstEnergy, the commercial joint venture established in 2019 that is the largest energy player in North-Eastern Italy with over one million customers. The sale derives from the partial exercise of the put option held by Ascopiave on its stake in the company, in compliance with the agreements signed between the parties upon establishing the partnership. The sale value is based on the fair market value of the company, estimated at 79.2 million euros with payment within December 2022. As a result of the transaction, which will be finalised by the end of 2022, the Hera Group’s stake in EstEnergy will rise to 60%, while Ascopiave will hold 40% of the share capital, without prejudice to the right to sell such stake under the conditions already defined, in addition to maintaining the current governance rights. The operation, which is consistent with the objectives set out in its strategic plan, will enable the Ascopiave Group to improve the sustainability of its capital structure and consequently finance medium-term investments in the core business and diversification. Similarly, the Hera Group, in line with the objectives set forth in its business plan, further strengthens its presence in North-Eastern Italy, continuing to generate concrete benefits for customers and the communities served, through high-quality services, investments, innovation, and environmental and resource protection. PR Estenergy stake ENGLISH final.pdf 11:27:00 Nuova_Palazzina_110x150.1533218221.jpg See the press release Nuova_Palazzina_110x150.1533218221.jpg
Online dal 01/12/2022 alle ore 11:27
Press releases
29/11/2022
Price sensitive
M&A
Hera Spa

THE HERA GROUP AND ASCOPIAVE ACQUIRE 92% OF ASCO TLC

2022-11-29 The partnership between the two companies, which won the public tender called by Asco Holding, is a strategic milestone in the evolution of the business portfolio of the two groups in the IT sector, consistent with their respective industrial plans. Ascopiave and the Hera Group, through its subsidiary Acantho, won the public tender called by Asco Holding for the sale of 92% of the shares of Asco TLC, held by Asco Holding itself and by the Chamber of Commerce of Treviso-Belluno. Asco TLC, a provider of ICT services since 2001, mainly dealing with corporate clients and public administrations, owns a significant network located in Veneto and Friuli-Venezia Giulia, boasting over 2,200 km of fibre optic backbone, 56 communications towers and 24 xDSL unbundled stations, and supplies its services to over 2,700 customers. This partnership is a strategic landmark in the enhancement of Ascopiave’s and the Hera Group’s business portfolio in the IT sector, in line with the industrial plans of the two groups. It also represents the first stage of a potentially broader operation which would lead, by means of the merger through acquisition of Asco TLC into Acantho, to the creation of a multi-regional player capable of achieving significant operational synergies compared to stand-alone companies, also benefiting customers. The operation in detail Ascopiave and Acantho, in partnership with stakes of 60% and 40% respectively, won the tender invited last April by Asco Holding and, subsequent to the due diligence conducted at the end of July, on 3rd November jointly submitted the binding offer, as required by the tender procedure. The purchase price, which will be settled by cash, amounts to Euro 37.2 million, against a normalised net financial position of Euro 0.1 million at 30th June 2022. The closing of the transaction is conditional upon the fulfilment of the conditions precedent set out in the tender documents, specifically the acquisition of the necessary authorisations from the competent bodies. The Hera Group is one of the leading Italian multi-utility companies, operating in the environmental, energy and water sectors and employing over 9,000 people, who are committed every day to responding to the many needs of around 5 million citizens located mainly in Emilia-Romagna, Veneto, Friuli-Venezia Giulia, Marche, Tuscany and Abruzzi. Listed since 2003, it is one of the top 40 Italian companies in terms of capitalisation (it is included in the Ftse Mib index) and since 2020 it has been included in the Dow Jones Sustainability World and Europe Index. Acantho, a telecommunications operator, is the digital company of the Hera Group. Thanks to the development of a proprietary ultra-broadband fibre optic network extending for over 230,000 kilometres and its Data Centres in Imola and Siziano, it has been offering ICT services and tools in the Data & Voice Communication, Hybrid MultiCloud, Cyber & Physical Security and Smart City fields for over 20 years, contributing to the competitiveness of small and large enterprises and the development and innovation of the territory. www.gruppohera.it - www.acantho.it The Ascopiave Group is one of the leading operators in natural gas distribution in the country. The Group owns concessions and direct assignments for the management of activities in 308 Towns, supplying services to over 890,000 inhabitants, through a network of about 14,500 kilometres. Ascopiave is also a partner of the Hera Group in the sale of gas and electricity, through a 48% stake in Est Energy, a leading operator in the field holding a portfolio of over 1 million sales contracts to end users, mainly in Veneto, Friuli Venezia-Giulia and Lombardy regions. In the water sector, Ascopiave is a shareholder and technological partner of Cogeide, which manages the integrated water service in 15 Towns within the Bergamo Province, serving a population of over 100 thousand inhabitants, through a network of 880 km. In addition, Ascopiave operates in the renewable energy field, through 28 hydro-electric and wind power stations, with a rated capacity of 62.5 MW. Through its subsidiary Salinella Eolico S.r.l., Ascopiave is about to undertake the erection of a wind farm. Ascopiave has been listed under the Euronext Star Milan segment of Borsa Italiana since 12th December 2006. www.gruppoascopiave.it Contact: Hera S.p.A. Giuseppe Gagliano - External Relations Manager + 39 051.287138 Cecilia Bondioli - Media Relations Manager + 39 051.287138 – + 39 320.4790622 Contact: Community Group Ascopiave Giuliano Pasini Tel. +39 0438 / 980098 Auro Palomba Roberto Zava - Media Relator Tel. +39 0422 / 416111 Cell. +39 335 / 1852403 Mob. +39 335 / 6085019 Giacomo Bignucolo – Investor Relator Cell. +39 335 / 1311193 20221129 PR ASCO TLC final.pdf 15:03:00 Nuova_Palazzina_110x150.1533218221.jpg See the press release Nuova_Palazzina_110x150.1533218221.jpg
Online dal 29/11/2022 alle ore 15:03

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Giuseppe Gagliano

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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