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Ascopiave

M&A Activity Dec 13, 2024

4357_rns_2024-12-13_5d8db4ff-6196-47f3-81f1-7d3e416ff8b5.pdf

M&A Activity

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Informazione
Regolamentata n.
0887-58-2024
Data/Ora Inizio Diffusione
13 Dicembre 2024 19:46:57
Euronext Star Milan
Societa' : ASCOPIAVE
Identificativo Informazione
Regolamentata
: 199420
Utenza - Referente : ASCOPIAVEN01 - Irene Rossetto
Tipologia : 2.2
Data/Ora Ricezione : 13 Dicembre 2024 19:46:57
Data/Ora Inizio Diffusione : 13 Dicembre 2024 19:46:57
Oggetto : A2A S.p.A. and Ascopiave S.p.A., technical
extension of the exclusivity period
Testo
del
comunicato

Vedi allegato

PRESS RELEASE

A2A S.p.A. and Ascopiave S.p.A., technical extension of the exclusivity period

Milan, Pieve di Soligo, December 13, 2024 - Referring to the previous press release dated July 30, 2024, regarding the concession to Ascopiave S.p.A. by A2A S.p.A. of an exclusive negotiation period for the terms and conditions of the sale of an assets' portfolio consisting of approximately 490,000 gas distribution points in Lombardy, A2A S.p.A. and Ascopiave S.p.A. inform that today a technical extension of this exclusive period has been agreed from December 15 to December 24, 2024 inclusive, to allow the parties to finalize the negotiation.

A2A

Giuseppe Mariano Head of Media Relations, Social Networking and Web

Silvia Merlo Press Office [email protected] Tel. [+39] 02 772045354

Marco Porro Head of Investor Relations [email protected] Tel. [+39] 02 7720.39746

Ascopiave

Tel. +39 0438 9800987

Investor Relations Giacomo Bignucolo Cell. 335 13111938

Media Relations Roberto Zava Cell. 335 / 18524039

Community Group Giuliano Pasini Gianandrea Gamba Tel. +39 0422 / 416111 Cell. 335 / 608501910

A2A

Listed on the stock exchange, with over 13,000 employees, A2A is the leading player in Italy in the circular economy for waste treatment, energy recovery from urban waste, and district heating, and the second largest national energy operator by installed capacity and distributed electricity. The Group manages the generation, sale, and distribution of energy, the sale and distribution of gas, district heating, the waste cycle, electric mobility, and smart services for cities, public lighting, and integrated water service. A2A's strategy is based on the two pillars of the circular economy and the energy transition, to which an investment plan of 22 billion euros by 2035 is dedicated, combining sustainable value generation, decarbonization, innovation, and contribution to the country's energy indipendence."

Ascopiave

The Ascopiave Group is one of the leading national players in the country's natural gas distribution field, managing operations in 301 towns in Northern Italy, providing service to approximately 870,000 users through a network of over 14,700 kilometres.

The Group is also active in the field of renewable energy and integrated water supply; it holds a minority stake in energy marketing enterprises and public services.

In the renewable energy sector, Ascopiave manages 29 hydroelectric and wind power plants in operation, with a nominal installed capacity of 84.1 MW.

Ascopiave is a shareholder and technological partner of Cogeide S.p.A., which manages the integrated water service in 15 towns in Lombardy, serving a catchment basin of over 100 thousand inhabitants through a network of 880 km.

Ascopiave is a partner of the Hera Group in the marketing of energy, holding a 25% stake in EstEnergy S.p.A., a leading player in the field with a portfolio of over 1 million sales contracts with end users, mainly in the Veneto, Friuli Venezia-Giulia and Lombardy regions.

Moreover, the Group holds a minority stake in energy marketing businesses (Hera Comm S.p.A.), in the field of utilities (Acinque S.p.A.) as well as in the Information and Communication Technology Services (Acantho S.p.A.). Ascopiave has been listed on the Euronext Star Milan segment of the Italian Stock Exchange since 12 December 2006.

Fine Comunicato n.0887-58-2024
Numero di Pagine: 4
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