Hydrogen, Ercoli (Snam): “Fundamental pillar for European decarbonisation”
The Green & Hydrogen Forum 2024 highlighted the crucial importance of hydrogen in the European energy transition. Piero Ercoli's speech (Snam)
Snam wins the “Transition Bond of the Year” award
Snam confirms itself as a leader in sustainable finance with the second consecutive "Transition Bond of the Year" award, awarded by the Environmental Finance magazine and the early achievement of the objectives. The new Sustainable Finance Framework strengthens the commitment to decarbonisation
Snam, two-year bonds placed for 750 million at a variable rate
The operation is part of the company's financial strategy aimed at optimizing the cost of debt, expected to average 2,6% over the period of the Plan
Snam: two EU projects for hydrogen and decarbonisation in the Mediterranean confirmed
The European Commission has confirmed Snam in two key projects for the creation of a hydrogen backbone and industrial decarbonisation in the Mediterranean
Snam increases its shareholding in the Rovigo regasification terminal to 30% (Adriatic Lng)
Snam has decided to increase its shareholding in the Rovigo regasification terminal following the agreement with the Dutch Vtti to acquire the majority of the company - The completion of the transaction is expected by 2024
Gas: in Rovigo the regasification terminal changes ownership. Strategic structure for the country
The facility is critical to the country's energy security. In 2023 it reached the raw material record.
Snam awarded at the Chamber for its commitment to volunteering
The activities of the group's volunteers coordinated by the Snam Ets Foundation met with the approval of the jury of the "Volontari@work" award
Snam closes 2023 with growing revenues and investments. Red Sea blockade: risk of impact on energy prices
For Snam, adjusted net profit of 1,168 billion euros (+0,4%), with an increase in financial debt. 2024 dividend of 0,282 euros per share
Snam: the new Asset control room is operational
Snam's Asset control room is a digital platform for the monitoring and integrated management of the group's assets and activities
Edison and Snam: exclusive negotiation for 100% of Edison Stoccaggio
Snam would have beaten Ascopiave's competition in a photo finish thanks to a cash-only offer.
Snam and the Hydrogen Valley in Puglia: green light from the European Commission for the key hydrogen project
The Snam project, which will enter the operational phase in 2028, has been included in the list of Ipcei (Important Projects of Common European Interest) and will require investments of approximately 100 million euros
Energy: success of the first European hydrogen auction. Snam with SMEs and startups for research
The company's strategic program includes collaboration with SMEs and start-ups to reward new technologies. The most difficult game towards net zero
Snam: green bonds issued for 1,5 billion, demand exceeding 6 billion
Snam has returned to the bond market with the issue of a sustainable loan of 1,5 billion euros, in dual tranches format. Demand has peaked at more than 4 times supply
Snam returns to the bond market with a dual tranche bond
Snam's dual tranche bond is made up of a four-year green bond and a 10-year sustainability linked bond
Hydrogen: Snam launches market tests with Confindustria
A collection of expressions of interest for the transport and storage of CO2 for Ravenna is also underway with Eni. On 7 February webinar dedicated to the presentation of the two initiatives
Cubogas (Snam): Most visit to the Cherasco plant to promote sustainable mobility
The National Center for Sustainable Mobility visited the Cubogas plant in Cherasco to promote sustainable mobility and view the company's projects in the hydrogen field
Snam, 11,5 billion euros of investments in the new strategic plan (+15%). A partnership with Heidelberg is in sight for the Ravenna hub
Snam CEO Stefano Venier illustrates to the financial community all the numbers of the 2023-27 Plan - Net zero by 2050 on all emissions and growth for all stakeholders. Venier: "Russian gas dropped in Europe from 45 to 14%"
Stock market closing on 22 January: the ex-dividend of Enel and Snam slows down Piazza Affari, Europe on the rise, Wall Street at record
Milan is the only European financial center in the red but only because today was the day of distribution of dividends by large groups - S&P collects new records
Ex Ilva: Snam can disconnect gas from Acciaierie d'Italia, green light from the TAR to stop supply
The stop comes due to the non-payment of 178 million euros in invoices. The judges: "We cannot continue to burden general taxation"
Snam: four pilot gas projects supported by Arera with over 7 million euros
The company based in San Donato Milanese has obtained a loan of 7,3 million euros from the Regulatory Authority for Energy, Networks and the Environment for four pilot projects for the innovative use of existing gas infrastructures. Here's what they are
Hera and Snam together for Modena's Hydrogen Valley: 400 tons of green hydrogen per year
The agreement will make the Emilian city one of the European capitals of renewable hydrogen: the objective is to contribute to the carbon neutrality of Emilia-Romagna in an area with a strong entrepreneurial vocation. At the center is the IdrogeMO project for the creation of a hydrogen production center
Snam takes over a 5 billion cubic meter per year regasifier for 400 million. It will be placed off the coast of Ravenna
The new asset will be operational from 2025. Venier: together the Fsru of Piombino and Ravenna will bring the country's regasification capacity from the current 25% to around 40% of the demand for natural gas at a national level
Hydrogen and gas: the great alliance is born. Italy is ahead and the EU rewards us
The EU Commission includes the Italian hydrogen backbone between Africa and Europe in its priority projects. Snam accelerates its pace and Enea, leader of the European fuel cell project, is also mobilising
Snam, the SoutH2 Corridor and Callisto projects included in the sixth list of EU "Projects of Common Interest"
Projects included in this list have access to an accelerated permitting process and are eligible for certain funding
Snam: 6-year “Transition Bond” issued for 650 million, 4% annual coupon. Boom in orders
The bond rose to 650 million euros from the expected amount of 500 million thanks to orders 4 times higher than the offer – The aim is to finance projects to support the energy transition
Snam and the Municipality of Ravenna: Co2 regasifier and storage, an opportunity for the territory
Snam presented the company's projects for the territory. From the connection works to the national gas network to allow interconnection with the FSRU BW Singapore to the CCS (Carbon Capture and Storage) project, which will make the Ravenna hub one…
Snam: the importance of the Piombino regasification terminal for Italy. Revenues and profits growing in 9 months 2023
The Piombino regasifier is fundamental for the Italian energy system - Snam's results for the first 9 months of 2023 in line with expectations - Interim dividend - Italian storage at 99%, Venier: "We are not standing still on M&A"
Gas, Snam warns: "More investments are needed, the energy transition is at risk". Prices still sustained
The Global Gas Report 2023, presented in London by Snam, Igu (International Gas Union) and Rystad demonstrates that further investments are needed in the natural gas value chain to meet global demand: here's why
Vodafone and Snam together for the first private 5G mobile network in the energy sector
The network will cover 23 plants throughout the national territory. 5G technology will allow the connection of numerous devices simultaneously and will promote innovative services, accelerating the energy transition in Italy
Tim and Snam successfully conclude the issuance of two bonds. Here are the details
TIM has reopened a bond issued last July for an amount of 750 million, Snam has placed an EU Taxonomy-Aligned Transition Bond convertible into Italgas shares and expiring in 2028 for a nominal amount of 500 million.
Sustainability, fundamental CO2 storage: 1,55 billion of added value from the Ravenna hub. The Ambrosetti-Eni-Snam study
The strategic study, the first of its kind in Europe, analyzes the contribution of Carbon Capture & Storage (CCS) to achieving decarbonisation objectives, safeguarding economic competitiveness and avoiding the risks of relocation of the so-called "Hard to…" industrial sectors.
Biomethane in Italian gas pipelines for the green transition. Confused regulations and deserted auctions, report Ref
biomethane is a useful source for the future of the Italian energy system. A Ref study ascertains the difficulties for those who want to invest created by the fragmentation of regulations between municipalities, regions and central level
Terna, historical record of investments and Ebitda over 1 billion. Snam: revenues ok, profits a little less
In the first half of 2023, Terna's investments grew by 25,7% and EBITDA exceeded one billion euro for the first time - Revenues boom for Snam, but profits fall
Gas, Venier (Snam) “Stock replenishment at 82%. The target of 95% will be reached two months in advance”
During the first annual conference of Confindustria Energia, the CEO of Snam, Stefano Venier, also announced the activation of the regasification ship in Piombino for next winter
Snam digitizes its network thanks to Cisco technology
The collaboration between the two companies continues. The new network will have a bandwidth capacity 40 times greater than that of the current infrastructure. Thanks to next-generation technologies, this strategically important project will have better safety, more reliability and sustainability,…
Snam: revenues, ebitda and investments grow in the first quarter of 2023 also for the Piombino regasification terminal
The year saw revenues jump to 912 million (+12,9%), driven by those of the energy transition business. Profit drops to -7,4% due to the reduction in operating profit and the increase in net financial charges. Great commitment for Piombino
Hydrogen: political support from Italy, Germany and Austria to the SoutH2 corridor
The SoutH2 Corridor is a 3.300 km dedicated hydrogen pipeline corridor that would link North Africa to Italy, Austria and Germany. The project is based on the reuse of midstream gas infrastructure for hydrogen transport. Four…
Snam, Venier at the shareholders' meeting: "Solid 2022 results despite adverse scenario"
2022 financial statements approved and dividend of 0,2751 euro, up 5% compared to 2021 - Gas reserves on the rise: they are already at 65% - Carbon neutrality targets confirmed for 2040
Green hydrogen, the Hera-Snam project in Modena gets 19,5 million from the Emilia-Romagna Region
Made available by the Region for the construction of a pole that will produce up to 400 tons of hydrogen every year starting from water and renewable energy
Piombino regasification terminal: Snam assigns 86% of the total capacity of the FSRU terminal
At the end of the first regasification capacity allocation, 37 slots were assigned corresponding to over 86% of the offered capacity of the Piombino FSRU Italia terminal
LNG terminal ship in Piombino, how does it work? It will be operational in May
The Fsru purchased by Snam on behalf of the Draghi government has arrived in Piombino. It will remain moored for 3 years in the Tuscan port and the first gas is expected in mid-May: here are the details
Snam, 2022 accounts: more revenues, investments and dividends, but profitability and profit down but above the guidance
Snam closes 2022 with double-digit growth in revenues and confirms targets for 2023 - CEO Venier: "Snam closes 2022 with satisfaction and a pinch of pride"
Snam concludes the purchase of Arbolia from the CDP Foundation and becomes the sole shareholder
Snam, already the owner of 51%, concluded the acquisition of 49% of Arbolia from the CDP Foundation
Energy transition: Snam renews its collaboration with the Milan Polytechnic
The collaboration between Snam and covers various fields including security, energy transition, innovation and training
EDF closes the 2022 budget with record losses. Debt at 64,5 billion. Edison for sale?
The 2022 EDF budget closes with a record loss of 17,9 billion. The French state rises to 96% of the share capital. Italian interest in a possible sale of Edison is growing
Snam ready to sell the stake in Italgas? The rumors are flowing, the sale is envisaged by the 2022-26 Plan
The first rumors about the sale of the stake held in Italgas begin to circulate. Snam denies: "hypotheses without foundation". And both stocks are suffering in Piazza Affari
STOCK EXCHANGES TODAY 23 JANUARY – Confidence on the markets: good signs on rates, stronger euro, EU challenge to USA. Enel and Snam coupons
The financial week begins auspiciously - Stock markets in Japan and India rise, Stock Exchange opens higher, positive futures for Wall Street - US GDP expected
Snam reviews its investee portfolio: here's who enters and who leaves the new 2022-26 Plan
The reorganization of the utility's shareholdings is central to the strategic plan. From the sale of non-strategic assets such as Italgas, to interest in Edison. Here are the new M&A programs
Snam launches the 2022-6 Strategic Plan with three polar stars: development, decarbonisation, digitalisation
Snam's new CEO, Stefano Venier, presented the new Group Plan, realistic and ambitious at the same time
Snam launches a campaign to raise awareness of gas consumption which, meanwhile, is recording a drop in demand
Snam's institutional communication campaign is launched to make Italians aware of the adoption of responsible behavior in gas consumption. In the fourth quarter of 2022, gas demand fell by 5,6 billion cubic metres.
Snam, appointments: Luca Passa is the new Chief Financial Officer (CFO)
Former financial director of Endesa (Enel), Passa occupies the position vacated at the end of June by Alessandra Pasini: since then the position has been filled ad interim by CEO Stefano Venier
Snam, gas stocks: at 31 December 2022 Stogit stocks +2,6 billion cubic metres. Will it be enough for 2023?
It was feared that gas would not be enough, but the higher-than-average temperatures and plans to reduce consumption made it possible to optimize flow management
Snam-Eni: the sale of the Algeria-Italy gas pipelines has been completed, closing expected by mid-January 2023
the two groups announced that the conditions precedent of the operation started in November have no longer been fulfilled
Nearest Piombino regasification terminal: the Tar says no to the suspension and Snam continues the works
Snam, which bought the regasification terminal a few months ago, can continue to prepare the port and quay to welcome it, so as to introduce methane into the network and allow us to face the next winter
Decarbonisation: Eni and Snam form a carbon capture joint venture in Ravenna
This is the first CO2 capture and storage project in Italy. The planned activities will make it possible to create new job opportunities: over 500 new jobs already in the first phase of the project
Gas, Qatar threatens to stop Europe: repercussions on supplies if there are restrictions
Qatar warns of the negative impact that the decision to block Doha's access to the European Parliament after the corruption scandal could have on relations with the European Union. While Qatar primarily wants to play its ace in business…
Snaminnova: Co2 Vault wins the Snam program dedicated to sustainable innovation
“CO2 Vault” idea wins with project to create certificates of origin for biogenic CO2 from Snam biogas and biomethane plants
Snam: EU Taxonomy-Aligned Transition Bond issued for 300 million
It is a bond with a maturity of 5 December 2026 and an annual coupon of 3,375% with a re-offer price of 99,9577%
Webranking Europe 500 2022-2023: Terna, Snam, Poste and Eni at the top in digital corporate communication
Italy places 30 companies in the international ranking of Webranking Europe 500 2022-2023. As many as 5 in the Top 10: Terna, Snam, Poste, Eni and Generali
Snam, revenues +10,3% and stable profits. Venier: with the decision on the regasification terminals we will have a leading role
The company confirmed its guidance on 2022 net income of "at least" 1,13 billion and will distribute an interim dividend for 2022 of 0,1100 euros per share, with payment from 25 January 2023.
Snam: Stogit warehouses are over 95% full. Closed the natural gas injection campaign
The gas available in the storage systems amounts to 11,2 billion cubic metres, to which must be added 4,5 billion cubic meters of strategic storage.
Snam: subsidiary Snam4Environment acquires 5 plants for the production of biomethane
The five companies are located in Friuli Venezia-Giulia and Veneto and when fully operational they will produce 22 million Sm3 of biomethane per year. 30 million deal
Half-yearly: Snam revenues above 1,5 billion, accounts up for Acea
Positive half-yearly results for Snam and Acea, with growing profits and revenues - Snam: Storage at 71%.
Snam buys the second floating regasification terminal. Venier: "13% of national demand covered"
The vessel has a maximum storage capacity of approximately 170 cubic meters of liquefied natural gas and a nominal continuous regasification capacity of approximately 5 billion cubic meters per year.
De Nora on the Stock Exchange: green hydrogen arrives at Piazza Affari on June 30, IPO price €13,50
The De Nora quotation is the first since the beginning of the Russia-Ukraine war. The price corresponds to a capitalization of 2,723 billion. Expected total proceeds: 474 million
Dividends 20 June 2022: from Poste to Terna, here are coupons and returns. On the field 7 big names of the Ftse Mib
All the dividends of 20 June 2022 - There are 7 giants of the Ftse Mib in the field - Here are the coupons and returns
Liquefied natural gas: Snam buys a storage and regasification vessel for 330 million euro
The CEO Venier: "Alone, the new ship will be able to contribute to about 6,5% of the national requirement, bringing the Italian regasification capacity to over 25% of the demand"
Energy in Sardinia: Snam buys a ship from Golar for the storage and regasification of LNG
The contract has a total value of 269 million euros and includes the purchase of the vessel and the investment necessary for its conversion into a FSRU
Snam presents quarterly revenues beyond expectations and reassures: gas flows from Russia without interruptions
Positive first quarter and profit guidance confirmed for the Milanese energy infrastructure company. While gas records a new surge this morning, Snam confirms that at the moment the flow continues without interruption
Shareholders' meetings: Snam approves financial statements and the arrival of Venier as CEO. Acea dividend at 0,85 euro per share
Snam starts with a renewed board: Venier CEO and de Virgiliis chairman. Acea confirms supplies for Italy after Gazprom blocks gas in Poland and Bulgaria
Snam, board appointments: CDP proposes Venier in place of Alverà. Gallo confirmed at the helm of Italgas
The CDP proposes the current CEO of Hera to replace Marco Alverà - Here are the complete lists with all the names for Snam and Italgas
Snam: profit beyond expectations in 2021, dividend rises by 5%. “We have no business in Russia”
Revenues are close to three billion - Confirmed the goal of 1,1 billion for profits in 2022 - Alverà: "We are working to increase storage and regasification capacity"
Public appointments: from Invitalia to Sace, 639 seats to be assigned in 107 companies owned by the MEF
Seventy-two of the appointments to be made concern the 15 companies controlled directly by the MEF - Gender balance among the criteria
Snam rewards the first startups included in the program focused on hydrogen
Snam enlists the Swiss EH Group and the French Atawey for an acceleration path focused on hydrogen - Special mention for the Italian Particular Materials
School: the high school of the ecological and digital transition begins
Promoted by Elis and Snam, in collaboration with the Ministry of Education, the new path combines the humanistic and scientific tradition of the Italian high school with STEM technology and subjects - Enrollments will be open until 28 January 2022
Hydrogen, Snam and Tenova: agreement for the metallurgical industry
The two companies will work together over the next three years to design integrated solutions based on the use of green hydrogen in order to promote the decarbonization of the metallurgical sector
Snam places first 1,5 billion sustainable bond
The overall demand on the two tranches of the issue has reached a peak of about three times the offer - While Banco Bpm issues Tier II bonds with a ten-year maturity for 400 million
Snam and SAGAT collaborate for the first hydrogen fuel cell in Italy
The agreement will allow Turin airport to almost completely cancel emissions.
Green hydrogen: new agreement between Snam, Enagás and Grt
The agreement was signed in Paris with the aim of boosting the clean hydrogen market, which is essential in the energy transition
Biomethane: Snam buys Asja's plants and projects
Signed an agreement with Asja Ambiente Italia for the acquisition of four plants and subsequently of 7 projects under construction and development - The operation covers a period of 5 years
Climate change: 6 Italian companies in the CDP "A" List
Leonardo, Enel and Pirelli are confirmed for the second consecutive year within the "Climate A List 2021" drawn up by the Carbon Disclosure Project - A total of 23 Italian companies have won the "leadership" rating
Snam enters the gas pipeline linking Egypt and Israel
According to advances reported by the Republic, the Italian company is preparing to announce its entry into the company that manages the "peace pipeline" between the two Middle Eastern countries
Politecnico Milano and companies united for research on hydrogen
The joint research platform between the Politecnico di Milano together with Snam, Eni and Edison is launched to boost the hydrogen supply chain in Italy
Snam: Europe's first hydrogen backbone in Italy
CEO Alverà: "We will focus on transport, storage and new hydrogen and biomethane projects" - The new plan for 2025 provides for investments of 8 billion - Dividends and profitability are growing
Eni and Snam: partnership on gas pipelines between Algeria and Italy
Eni and Snam join forces in Algeria and Tunisia. The two companies have signed an agreement which establishes the transfer from Eni to Snam of 49,9% of the shares held by the six-legged dog company in the companies…
Budget Oscar 2021: here are the 12 winning companies
From Enel to Poste, from Intesa Sanpaolo and Fideuram to Snam, here are all the companies that won the 2021 Financial Statements Oscar for reporting and stakeholder relations.
Sustainability, Terna and 7 others in the Glio/Gresb index
Only eight Italian companies ranked in the Glio/Gresb Esg Index. The global sustainability index specializing in companies that manage infrastructures that are crucial to society and the economy
Snam presents the podcast on transition and sustainability
The "Zhero - The secret of water" project aims to raise citizens' awareness of the energy transition and to encourage the study of scientific subjects among young people, especially girls
Snam: 9M profit +7,4%, revenues +15%
EBITDA and technical investments also rise - An interim dividend on 2021 arriving in January
Snam and Sea bring hydrogen to Malpensa airport
The agreement entered into between Snam and Sea for the supply of hydrogen for 22 years at Malpensa airport aims to make the Lombard airport a hub for the generation and use of green hydrogen
Snam launches HyAccelerator for hydrogen startups
Snam's HyAccelerator gets underway. The first call has been launched to select startups in the hydrogen sector to accelerate towards activity. A further push towards the energy transition
Snam, two agreements to spread green hydrogen
With the intergovernmental organization IRENA for the ecological transition and the fight against climate change, and with Iris Ceramica to develop the first ceramic industry in the world powered by green hydrogen
New urban forests: Arbolia project and landfill reclamation Commissioner
The agreement aims to make local communities aware of the fight against climate change through reforestation projects in the reclaimed landfill areas distributed throughout the national territory
Snam and Arma dei Carabinieri: new agreement on security
With the aim of strengthening the security of company processes, for the protection of people, infrastructures and the territory, through the promotion of synergies in the information and training fields
Renewables and sustainability: Snam at the Italy Pavilion at Expo 2020 Dubai
As Silver Sponsors, the group led by Marco Alverà will bring its commitment to the energy transition and sustainable development of local areas to the Pavilion. At the heart of the partnership is sustainability, innovation and renewable energy
Mobility, Snam and Avis focus on natural gas and biomethane
The two companies intend to spread low-emission mobility in freight transport and in particular in last-mile logistics with the adoption of natural gas and biomethane vehicles. On the road the first AmicoBlu vans with reduced environmental impact for…
Terna and Snam: investment boom for energy transition
In the first half, Terna's investments grew by 40,6%, revenues and EBITDA rose - Double-digit growth for Snam's turnover, while profit reached 635 million (+9,9%) and investments rose by 23,9%
MSC, Fincantieri and Snam for the first hydrogen cruise ship
The three Italian companies form an alliance to examine the possibility of building the vessel and related storage infrastructure
Snam: the first super-technological district in Bologna
Snam has inaugurated the first TecHub entirely managed digitally: monitoring, drones and satellites, data analytics and predictive maintenance of the network. The company will invest 500 million euros in new technologies by 2024
Snam: students in the factory studying sustainability
The "Sustainability factories" initiative was organized on the occasion of Green Week (6-8 July), promoted by ItalyPost with the Symbola Foundation and Corriere della Sera.