Italgas is a Network Tech Company, a leader in the gas, water, energy efficiency, and IT sectors. As the top operator in Italy and Greece for natural gas distribution, and the third in Europe, Italgas manages a network spanning over 81,000 kilometers, serving approximately 8 million customers. Through its subsidiaries in water services, the Group directly and indirectly serves 6.2 million people (equivalent to 10% of the Italian population) concentrated in the regions of Lazio, Sicily, and Campania. The Group's foundation dates back to 1837. With nearly two centuries of history, Italgas is unanimously recognized as the company that brought gas into Italian homes, contributing to the economic and social development of the country. The company has recently received a €500.00M post-IPO debt investment on 01 February 2024. Despite the absence of specific investors' names, this substantial investment will likely fuel the company's expansion, innovation, and technological developments in its core sectors. Its solid historical standing, extensive network, and strategic positioning in the energy and utilities industry make Italgas an intriguing prospect for venture capital firms seeking opportunities in this space.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Post-IPO Debt | €500.00M | - | 01 Feb 2024 |
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