Italgas
Italgas: The future belongs to renewable gas
Italgas sees prospects for significant development of the Greek natural gas market, after fully controlling the Greek medium and low pressure network since September 2022, with the completion of the acquisition of DEPA Infrastructure.
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Italgas presents new Greek subsidiaries
This week Italgas officially presented the new identity of the group's Greek companies, which are now called Enaon (parent company) and Enaon Eda (subsidiary company).
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Italgas to invest €900 mln in DEPA
Italgas, Italy's biggest gas distributor, unveiled plans on Thursday to invest 7.8 billion euros in its business by 2029, but its shares slipped as some analysts were unimpressed by earnings projections and dividend plans.
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DEPA acquisition boosts Q1 results of Italgas
Italy's biggest gas distributor Italgas said on Thursday its core profit rose 19% to 297 million euros in the first quarter, lifted by both a newly acquired Greek business and its energy efficiency services.
Total revenues were up 36% year-on-year to 480 million euros, with sales from Greece accounting for nearly 10% of the total.
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Italian energy giant Italgas ready to submit binding offer for DEPA Infrastructure
Italgas says it remains interested in DEPA
Italy's Italgas is still very interested in Greek gas distribution network DEPA and is waiting for Athens to publish a short list, the group's CEO Paolo Gallo said on Wednesday.
In February Greece's privatization agency said it had received nine expressions of interest for the sale of DEPA Infrastructure.
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Strong interest in DEPA Infrastructure
State sell-off fund TAIPED has recorded strong investor interest in the concession of DEPA Infrastructure, the Public Gas Corporation offshoot that includes only the utility's infrastructure and of which 65 percent belongs to the state and 35 percent to Hellenic Petroleum.
The fund expects at least seven to eight bidders in the first stage of the tender.
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