SNAM

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SNAM, also known as Snam Rete Gas, is a natural gas transportation and distribution company based in Italy. It was founded in 1941 and is now one of the largest natural gas companies in Europe. Its main business activities include the transmission, storage, and distribution of natural gas through a network of pipelines and storage facilities.
As of 2020, SNAM operates over 32,000 kilometers of high-pressure pipelines and three underground natural gas storage facilities in Italy. The company also operates in other European countries, such as Austria, France, and the United Kingdom, through joint ventures and partnerships.
SNAM is committed to promoting sustainable energy practices and has implemented various initiatives to decrease its environmental impact, including investing in renewable energy and promoting the use of natural gas as a cleaner alternative to other fossil fuels.
In addition to its core business, SNAM also offers energy services, such as metering and energy efficiency solutions, through its subsidiary company, Snam4Mobility. The company also has a strong focus on research and development, investing in new technologies and innovations to improve the efficiency and sustainability of its operations.
SNAM is publicly traded on the Italian Stock Exchange and is majority-owned by CDP Reti, a subsidiary of the Italian government's strategic investment fund. The company has a strong financial performance, with a net income of over €1.3 billion in 2019. Its current CEO is Marco Alverà.

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See Company Q&A