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Web Content Article · written-by LUCIA ALGISI on-date Mar 23, 2021 4:31 PM
SI The Group has achieved significant, continuous and uninterrupted growth, leading it to increase its size by almost seven times in 20 years. This is therefore a story of growth, low risk and...
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Web Content Article · written-by LUCIA ALGISI on-date Mar 23, 2021 4:27 PM
SI The Group has adopted a traditional governance model, based on a Board of Directors marked by: an integrated system, strongly oriented towards sustainability (mission, code of ethics, Ethics and...
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Web Content Article on-date Mar 24, 2021 12:41 PM
No Online report Y2020 Bianco Si GRUPPO
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Web Content Article · written-by LUCIA ALGISI on-date Mar 23, 2021 5:00 PM
SI Page updated 26 March 2024 NO No Didn't find what you're looking for? Email us Sinistra
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Web Content Article · written-by LUCIA ALGISI on-date Mar 23, 2021 5:00 PM
No Risk treatment and management Contribution to revenues and Regulated Asset Base Risk governance at Hera Hera business has a very conservative risk profile being built up by primary utility...
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Web Content Article · written-by LUCIA ALGISI on-date Mar 23, 2021 4:15 PM
SI Page update 26 March 2024 NO No Sinistra
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Web Content Article · written-by LUCIA ALGISI on-date Mar 23, 2021 4:19 PM
No Resilience in results Potential from M&As Creating both economic and ESG value Sustainability commitment Dividend policy Stable governance Reference market Investment by “issue” Valuation ...
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Web Content Article on-date Mar 23, 2021 5:38 PM
No Financial soundness Financial solidity indexes summary of Hera's financial profile MLN € 2020 2019 2018 2017 2016 2015 Average cost of money (%) 3.0 3.5 3.7 3.6 3.7 3.8 Short t. fin. debt...
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Web Content Article on-date Mar 23, 2021 4:56 PM
No Hera business model The potential of the M&A market M&A: Hera track record To learn more: Divestments track record M&A Hera's history demonstrates the effectiveness of the model for...
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Web Content Article on-date Mar 23, 2021 5:40 PM
SI To learn more Page update 24 March 2021 NO No Financial profile 2008 2020.xls Statements of financial position 2006 2020.xls Sinistra
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Web Content Article · written-by LUCIA ALGISI on-date Mar 23, 2021 4:14 PM
SI Browse Hera’s Investor Case Browse NO No Sinistra
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Web Content Article on-date Mar 23, 2021 4:57 PM
SI Page update 24 March 2021 NO No Sinistra
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Web Content Article on-date Mar 23, 2021 4:08 PM
SI Mergers have been completed with multi-utilities held by public bodies, through share swaps with non-dilutive multiples. The entrance of new “partners” among shareholders has increased the...
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Web Content Article · written-by LUCIA ALGISI on-date Mar 23, 2021 4:09 PM
SI Hera pursues a growth strategy based on a multi-utility model, concentrated on four main businesses: gas, electricity, water and waste management. This allows us to maintain a balanced portfolio...
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Web Content Article · written-by LUCIA ALGISI on-date Mar 23, 2021 5:35 PM
SI Institutional investors The Hera Group’s overall shareholders include roughly 300 institutional investors holding approximately 400 million shares, 35% of which are owned by SRI funds. Source:...
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Web Content Article on-date Mar 23, 2021 5:33 PM
SI As at 31 December 2020 the Hera Group shareholding structure included 111 Municipalities of the reference territory which, together with the other public shareholders, hold a total of...
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Web Content Article on-date Mar 25, 2021 9:18 AM
398 BS 2020 2016-10-10 With the 2020 sustainability report we aim at offering our readers, in all their diversity, an increasingly clear and inclusive report, so that each of them can...
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Web Content Article on-date Mar 24, 2021 11:21 AM
2021-03-24 Results as at 31 December 2020 The year ended positively, despite the nationwide impact coming from the Coronavirus emergency, during which Hera stood by its stakeholders and provided...
Comunicati stampa: Price sensitive Financial Results Hera Spa -
Web Content Article on-date Mar 24, 2021 9:58 AM
Tomaso Tommasi di Vignano e Stefano Venier The Hera Group closed the 2020 financial year positively, as well as in all quarters, even during a particularly difficult year on account of the...
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Web Content Article on-date Mar 22, 2021 8:48 AM
World Water Day World Water Day celebrates water and raises awareness. On World Water Day 2021, dedicated to the theme 'The role of water in our society and how to defend it’, we renew our...
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An investment of Euro 37 million. A plant that disposes of 100 thousand tonnes of organic waste produced by separate waste collection and another 35 thousand tonnes coming from green waste and pruning material.
An investment of Euro 37 million. A plant that disposes of 100 thousand tonnes of organic waste produced by separate waste collection and another 35 thousand tonnes coming from green waste and pruning material. And that, once "digested", produce 7.5 million cubic meters of biomethane fuel that is 100% renewable and 20 thousand tonnes of compost.
These numbers tell the success story of our state-of-the-art plant in Sant'Agata Bolognese, just outside Bologna: the latest great and ambitious project to add to our long list of waste treatment facilities (89 in total, including waste-to-energy plants, composters, and sorting plants). With one big goal: to relaunch the challenge of renewables on an industrial scale and make this plant a reference structure for green energy in Europe.
Biomethane: a clean resource of biological origin
But what makes this natural gas source organic? Simply, the way to get it: not by drilling for hidden deposits in the deepest parts of the Earth but by fermenting organic waste in plants designed to do so. Biomethane can, therefore, be produced for as long as you want, it is endless, and production can be increased simply by building other plants. Making the process one of the purest examples of the circular economy.
In Spilamberto, a biodigester converted into a biomethane plant
An innovative plant for the production of biomethane came into operation in October 2023 in Spilamberto, in the Modena area. It was created by NewCo Biorg, the result of the partnership between the Hera Group and the Inalca company (Cremonini Group), thanks to a total investment of approximately 28 million euros and the use of the best available technologies.
Starting from the separate collection of organic waste and agri-food wastewater, the plant - created from the conversion of an old biodigester - produces 3.7 million cubic meters of biomethane every year when fully operational, a 100% renewable fuel intended for transport, and approximately 18 thousand tons of compost.
A cutting-edge plant for the energy transition and the circular economy
The 100% renewable natural gas is produced in the plant from the anaerobic digestion of organic waste coming from the separate collection carried out mainly in Modena and its district, from the waste resulting from the manufacturing process of the local agri-food industry and from the production process of Inalca's meat. Once refined, it becomes biomethane and can be introduced into the gas network.
The environmental benefits are important: around 7 thousand tonnes of CO₂ are avoided
Thanks to the introduction of biomethane into the network and its use in transport, significant environmental benefits are estimated: every year the use of approximately 3 thousand tonnes of fossil fuel oil equivalent (TOE) will be saved and CO₂ emissions will be avoided for approximately 7 thousand tons. To absorb such a quantity of CO₂, an average of 280 thousand trees would be needed.
What happens in our sant’agata facility
Organic waste, obtained through separate waste collection, is processed by anaerobic digestion to produce biogas. How? The waste, shredded and screened, remains for about 21 days in 4 horizontal digesters, where suitable microorganisms carry out the digestion process to produce biogas (consisting of natural gas and carbon dioxide).
Then the biogas is upgraded using pressurized water to dissolve the carbon dioxide and separate the natural gas. The result is biomethane, a gas with a methane content of over 95% and a completely renewable energy source.
But that's not all. At the end of the digestion process, wood-cellulosic material is added to the resulting solid matter to obtain a compact mass that is sent to composting, to produce quality compost, which can be used as potting soil for vases or as a fertiliser in agriculture.
Come find out more about our Sant'Agata Bolognese plant.
Biomethane is, therefore, another revolution based on the circular economy, which all of us in the Hera Group want to pursue. Again, to create shared value, as Herambiente's CEO, Andrea Ramonda, is determined to emphasize:
“The direction we have taken addresses the industrial world as increasingly oriented towards creating shared value and partnerships. We are aware that sustainable waste management, focused on the recovery of waste and compliant with the rules, is an essential factor in today's world, and one that delivers benefits to the entire community).
The idea of the exhibition came from the photographic project commissioned in 2018 to Silvia Camporesi on the occasion of the work being done on the Sant'Agata Bolognese site. The report has been enriched with other shots, thus becoming the complete story of the development of the plant.
The exhibition consists of 11 large-format photographic works which reveal where and how waste takes another form and becomes biofuel. Technology, innovation, industrial process, efficiency, circularity are the messages underlying each of the images captured by the artist.
Silvia Camporesi visited the plant every month for a whole year, documenting the evolution and changes to the facility.
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