Hera S.p.A.

Hera S.p.A. is a leading multiutility company headquartered in Bologna, Italy, specializing in the integrated management of essential public services. Established in 2002 through the merger of 11 regional utilities, it operates primarily in gas distribution, electricity sales and distribution, water cycle management, and waste treatment across northern and central Italy, including provinces like Bologna, Ferrara, Modena, Ravenna, Padua, Trieste, and Udine, serving over 4.2 million citizens in 316 municipalities. Hera S.p.A. excels in sustainable operations, holding top national positions: first in waste treatment with 8.5 million tons handled annually and 97 plants, second in water supply at 285 million cubic meters via a 35,000 km network, third in energy sales to 2.6 million electricity and 2.0 million gas customers, and fourth in gas distribution volumes of 11.3 billion cubic meters. Its EBITDA breakdown reflects a balanced portfolio: gas (36%), electricity (20.3%), waste (23.1%), and water (18.7%). With a shareholder base featuring 111 municipalities holding 45.8% and a free float of 54.2%, Hera S.p.A. emphasizes circular economy principles, innovation in smart grids, and shared value creation, aligning with UN 2030 Agenda goals through substantial investments. The company also provides district heating, public lighting, and telecommunications, fostering resilience and environmental stewardship in Italy's utility sector.