Hera SpA is an Italy-based company engaged in the energy, environmental and water sectors. The Company’s activities are divided into five business segments: Gas, Electricity, Integrated Water Cycle, Environment and Other Services. The Gas segment includes the distribution and sale of methane gas and Liquefied Petroleum Gas (LPG) services, district heating, as well as heat management. The Electricity segment encompasses electricity production, distribution and sales services. The Integrated Water Cycle segment includes mains water, purification and sewerage services. The Environment segment consists of waste collection, treatment and disposal services. The Other Services segment focuses on public lighting, telecommunications and other minor services. It operates thought Gran Sasso and Blu Ranton.
13/10/2021 Hera successfully launches its first sustainability-linked bond Strong interest shown by international investors towards the 500 million euro, 12-and-a-half-year bond. The issue is part of a strategy aimed at sustainability, intended to reduce emissions and recycle plastics. The subscriptions received totalled around two billion euro, four times the amount offered The Hera Group – a pioneer in sustainable finance in Italy – has successfully launched its first sustainability-linked bond, worth 500 million euro. This non-convertible bond attracted a great deal of interest from international investors, who made subscriptions coming to four times the amount offered. The issue is part of a strategy aimed at sustainability, intended to reduce emissions and recycle plastics. One of the first companies in Italy to issue a sustainability-linked bond, Hera continues to act as a point of reference for ESG finance nationwide, with innovative instruments capable not only of supporting its commitment to sustainable development but also attracting growing attention on the market. Hera – it is worth recalling – was the first company in Italy to issue a green bond, in 2014, followed by a second green bond five years later, as well as the first ESG-linked revolving credit line, in 2018. Hera’s first sustainability-linked bond follows up on the publication, last 6 October, of its Sustainability-Linked Financing Framework (SLFF), with which the Group further strengthened the integration between its financial strategies and its attention to sustainability, outlining the metrics applicable to any financial instrument. https://eng.gruppohera.it/-/hera-successfully-launches-its-first-sustainability-linked-bond
05/11/2021 Hera wins tender for the water service in Rimini The Group was awarded the tender thanks to a bid focused on sustainability and value creation. An 18-year contract worth approximately 1.7 billion euro will be signed with Atersir, the contracting authority, in the upcoming months The Emilia-Romagna Regional Agency for Water and Waste Services (Atersir), acting as contracting authority, has officially awarded Hera the tender for managing the integrated water service in the province of Rimini (Emilia-Romagna region), with the exception of the municipality of Maiolo. The tender concerns 24 municipalities in the Rimini area, including the province’s capital, and over 160,000 thousand users, distributed along a network extending over 3,000 km. Thanks to this tender, one of the first to be called in Italy, the new water distribution service in the Rimini area will be based on sustainability and innovation, and the Hera Group, which is also the outgoing manager for the 24 municipalities, will be responsible for the service over the next 18 years. The contract, which will be signed in the upcoming months between the Group and Atersir, is worth over 1.7 billion euro. https://eng.gruppohera.it/-/hera-wins-tender-for-the-water-service-in-rimini
