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Italgas plans 15.6 billion investments by 2030

Interventions to develop gas distribution in Italy and Greece

Redazione Ansa

(ANSA) - BELGRADE, OCT 7 - Italgas plans to invest 15.6 billion euros by 2030, 92% more than the previous plan, with the goal of becoming a "European champion capable of creating the gas industry of the future. " With the acquisition of 2i Rete Gas, the "widespread application of artificial intelligence in gas, water, and energy efficiency, and with digitalisation, Italgas aims for double-digit profit growth over the course of the plan." The investments envisaged in Italgas' 2024-2030 Strategic Plan are intended for the acquisition of 2i Rete Gas, announced on 5 October for an enterprise value of 5.3 billion euros, for interventions to develop gas distribution in Italy and Greece, to strengthen its presence in the water sector, and to accelerate growth in the field of energy efficiency, with a "strong commitment to achieving the European Union's climate objectives." (ANSA).
   

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