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Overview
Italgas is an Italian natural gas distribution company that was founded in 2006 as a spin-off from the country's former state-owned gas utility company, Snam. It is now the largest natural gas distributor in Italy, serving over 7 million customers in more than 1,500 municipalities. The company's main activities include the distribution and sale of natural gas, as well as the construction and maintenance of gas distribution networks. Italgas also offers services such as energy efficiency programs and the development of sustainable energy projects. Italgas is listed on the Italian stock exchange and is majority owned by the investment firm CDP Equity, with the Italian government holding a minority stake. In recent years, Italgas has focused on modernizing its distribution network and implementing new digital technologies to improve the efficiency and safety of its operations. The company also places a strong emphasis on environmental sustainability, with plans to expand its use of renewable energy sources and decrease its carbon footprint. Overall, Italgas is a major player in the Italian natural gas market and is committed to providing reliable and sustainable energy solutions to its customers.
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