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SynBioS: “power to gas” and multi-business expertise, to meet the challenge of decarbonisation

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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>
Press releases
02/01/2024
Hera Spa
Other press releases

Hera Group has obtained the “Gender equality certification”

<p><em>A further confirmation of the importance of Hera’s achievements in terms of gender equality and inclusion</em></p>

Asset Publisher

06/09/2022
SynBioS: “power to gas” and multi-business expertise, to meet the challenge of decarbonisation

Within 2023, the Hera Group will build a system in Bologna equipped with “power to gas” technology, integrated with its largest water purification plant. One of the first to be built internationally, it will be able to convert renewable electricity and wastewater into “green” hydrogen and then into biomethane. It will thus be possible to power the annual consumption of 1,200 households and avoid CO2 emissions equivalent to the amount produced in one year by 400 cars.

The Hera Group, one of Italy’s largest multi-utility companies, presents its innovative “power to gas” plant named SynBioS (Syngas Biological Storage) at the Gastech exhibition in Milan, an event dedicated to the energy sector. This plant will be able to convert renewable electricity and wastewater into “green” hydrogen and then into biomethane.
SynBioS, located in Bologna Corticella, inside the largest purification plant by users served among those managed by the Group, is currently scheduled to be operational within 2023 and is linked to the support coming from incentives, including for example those coming from the PNRR.

One of the first to be built internationally, the SynBioS plant has been made possible thanks to an investment coming to around 10 million euro and the synergies created between energy decarbonisation and water purification. The Group’s multi-business know-how, combined with its continuous investments
in innovation, research and development, are in fact the strategic drivers that over the years have enabled Hera to develop cutting-edge integrated solutions in the field of “clean energy”, in line with the programmes outlined in its Business Plan.

For this project the Group has confirmed the collaboration with its outstanding partner Pietro Fiorentini, an Italian market leader in the production of products and services for the entire natural gas chain, that in recent years has made significant investments in developing innovative solutions related to the renewable energy sector.

A plant to obtain biomethane from renewable electricity

The plant, which uses “power-to-gas” technology to convert renewable electricity into synthetic natural gas, not only increases the pollutant reduction potential of the sewage treatment plant, but also allows excess renewable energy to be valorised by reusing biomethane in the city’s distribution network, which thus acts as a long-term storage facility.

More specifically, the plant will use wastewater and renewable electricity to produce “green” hydrogen and oxygen. Taking advantage of the CO2 found in the biogas produced by sewage sludge digestion, the hydrogen is converted into biomethane, which can then be fed into the city’s gas network, without concentration limits, and easily stored, thus enabling a diversified supply. Furthermore, oxygen will be used in the future to increase the sewage treatment plant’s capacity and efficiency in purification.

The figures: the annual methane gas consumption of 1,200 households sustainably covered

At full capacity, coming to 1 MW, the plant will be able to produce approximately 190 Nm3/h of green gas, preventing roughly 50 Nm3/h of carbon dioxide from being released into the atmosphere, corresponding to the annual impact of about 400 cars. This is a true flagship project from the point of view of the circular economy: while producing enough methane to cover the annual consumption of 1,200 households, in fact, the plant will use the waste water produced by about 50 people every day, also helping to increase the quality of the purification process itself.

“For our Group, this plant represents a further significant experience in process integration between our state-of-the-art plants and an industrial synergy between the electricity grid and the city’s gas distribution network. The ‘power-to-gas’ plant and the purification plant, in fact, will work in a strong symbiosis within a perfectly circular regime”, says Alessandro Baroncini, the Hera Group’s Central Director for Networks. “Moreover, it provides additional confirmation of the Group’s commitments included in its significant investment programme, aimed at innovation and improving the performance of networks and plants, with a view to continuously ensuring the highest service quality and efficiency and pursuing the goals of energy decarbonisation, environmental sustainability and resource protection, in line with the strategies outlined in our Business Plan. This initiative, once again, sees us as a forerunner in the sector, with the hope of providing the government and the regulator with elements that can help support the industrial development of these applications.”

“The strategic vision of the Hera Group, an excellence among our multi-utilities, coincides exactly with what Pietro Fiorentini has developed in recent years to support the ambitious European programmes as regards the energy transition”, says Cristiano Nardi, Executive Chairman of the Pietro Fiorentini Group. “We believe that the construction of the Bologna Corticella plant represents a fundamental milestone in the evolution of the energy sector, which is now facing a range of new challenges. Being a partner of the Hera Group once again for this challenging project is for us a source of great satisfaction and pride.”

20220906 SynBioS technical description (123 kb - PDF)

Online from 06 September 2022 at 14:00:00

Search Results

Press releases
14/07/2016
Hera Spa
Sustainability

Hera launches the company welfare plan, side by side with families

2016-07-14 Tomaso Tommasi di Vignano A transversal plan for all Group companies from Emilia-Romagna to the Triveneto region to the Marche, aiming for flexibility to meet the needs of more than 8,500 workers and their families. Tommasi: "We invest in the welfare of families and the community" "We began with a long phase of listening, using questionnaires and focus groups, to understand how to put together a welfare plan that could improve our commitment to our employees" explains Tomaso Tommasi di Vignano, Chairman of the Hera Group. "We are satisfied with the solution we've developed as, aside from increasing resources, it also allows for a more streamlined use of them and, especially, it allows our workers to decide how to manage their contribution based on their own personal and family needs. If we consider the expansion and consolidation of the Group, Hextra represents a significant step forward, which enables us to create value and efficiency in the interest of everyone involved, while contributing towards protecting the wallets of families during this financially difficult time". Tomaso Tommasi di Vignano Hera launches the company welfare plan, side by side with families 2016-06-28 sinistra 18:02:54 Welfare
Online dal 14/07/2016 alle ore 18:02
08/07/2016
Price sensitive
Financial Results

ABB - July 2016

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, Padova, Pavullo nel Frignano, San Lazzaro di Savena, San Mauro Pascoli, Serramazzoni e Ravenna Holding S.p.A., public shareholders ("Public Shareholders") of Hera S.p.A. ("Hera" or the "Company") subscribers of a shareholder agreement signed by n. 118 Hera shareholders on 23 June 2015, announce the sale of n. 15.689.133 Hera ordinary shares equal to approximately 1.1% of the share capital of the Company by means of an accelerated bookbuilding procedure addressed to qualified institutional investors in Italy and institutional investors abroad (the "Transaction"). UniCredit Corporate & Investment Banking acted as Sole Bookrunner of the Transaction. The aggregate proceeds from the sale of Hera's shares approximately amount to approximately Euro 37 million. The settlement of the transaction is 12th July 2016. The Public Shareholders agreed with the Sole Bookrunner not to sell further shares of Hera for a period of 90 days, without the prior written consent of the Sole Bookrunner. EQUITA SIM S.p.A. acted as financial advisor to the Public Shareholders. ABB july 2016 press_release.1467965422.pdf 2016-04-05 07:29:00 Hera: placement of new bonds under the EMTN programme for Euro 400 million
Press releases
28/06/2016
Hera Spa
Products/Services

The birth of Inrete, the Hera Group gas and electricity distribution company

2016-06-28 Alessandro Baroncini A wholly owned subsidiary of the multi-utility, the company will be operational from 1 July 2016. Alessandro Baroncini, former Director of Energy Networks at the parent company, has been appointed as Inrete's Chief Executive Officer. Alessandro Baroncini The birth of Inrete, the Hera Group gas and electricity distribution company 2016-06-28 sinistra 18:02:54 Inrete
Online dal 28/06/2016 alle ore 18:02
22/06/2016
Price sensitive
Financial Results

INRETE: a new Hera Group company for gas and energy distribution

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 today, with effect from 1 July 2016, a transferral of the corporate branch responsible for gas and electricity distribution to Inrete Distribuzione Energia, a company 100% held by the multi-utility. This marks the final stage of the process of unbundling foreseen by national sector regulations (Aeegsi resolution 296/2015), in order to separate management of regulated activities (gas and energy distribution) from management of deregulated activities (production, sales and procurement). Operating in gas and electricity distribution in Emilia-Romagna, Inrete will serve over 1.1 million gas customers across 140 municipalities, with a gas network totalling approximately 14 thousand km and over 260 thousand electricity customers in 29 municipalities, thanks to an over 10 thousand-km electrical grid. In keeping with the guidelines that the Group has always followed, Inrete will continue to show full commitment in the field of network safety and control, with the aim of confirming its excellent service quality standards, consistently above the minimum levels required by the Authority. Inrete will furthermore be able to make use of Hera's innovative Remote Control Centre, a state-of-the-art facility located in Forlì that meets the highest European standards and guarantees, across the entire area served, an integrated management of all the Group's plants and water, gas and remote heating networks, receiving and coordinating rapid response calls. Similar services for all Inrete's plants and power grids will be provided by the Group's Electricity Remote Control Centre, located in Modena. Alessandro Baroncini has been nominated CEO of Inrete, after having previously acted as Energy Networks Manager in the parent company. INRETE: a new Hera Group company for gas and energy distribution press_release.1466608732.pdf 2016-04-05 18:21:00 Nasce Inrete per la distribuzione di gas ed energia elettrica

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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