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About us

Strategy / Business Model

The Italgas Strategic Plan 2023-2029 is a resolute step towards sustainable energy leadership. With an allocation of €0.9 billion, it strengthens the Greek network, expanding and digitizing the infrastructure for new energy possibilities. The plan focuses on two key areas: network expansion and embracing digital advancements for renewable gases. This effort is truly remarkable, as the Greek network is expected to grow from 8,300 in 2023 to approximately 11,000 kilometers by the end of the plan – an app. 50% increase.

Enaon’s strategy aligned with the Group objectives.

Investment for growth

  • Network expansion and increased penetration
  • Innovation acceleration and digitization
  • Smart metering (Italgas Smart meter)
  • Development of the LNG infrastructure

Greek network extension driving capex

CAPEX 2023-29 ~€0.9bn

  • New methanization 38%
  • Extension/development and maintenance 36%
  • Smart Meter, Digitization, ICT 23%
  • Other, 3%

KM OF NETWORK (DEDA)

  • 2023: 8,300
  • 2029: ~11,000

Network to reach additional 42 municipalities by 2029, driving growth in redelivery points and increasing penetration

Thessaloniki – Thessaly: Complete methanization of 7 additional municipalities

  • 2022: 32 Municipalities
  • 2029: 39 Municipalities

Attica: 6 additional municipalities by 2029 and 7 LNG Installations

  • 2022:52 Municipalities
  • 2029: 58 Municipalities

Rest of Greece: 29 additional municipalities

  • 2022: 21 municipalities
  • 2029: 50 municipalities