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Italgas
Italgas S.p.A. is an Italian Network Tech Company operating in the gas distribution, water services, energy efficiency, and IT sectors.
Following the acquisition of 2i Rete Gas, its main competitor, Italgas has become the largest gas distribution operator in Europe, managing a network of over 150,000 kilometers, with more than 12 million customers in Italy and in Greece, and approximately 6,500 employees. Through Nepta, the group's main company in the water sector, Italgas provides services, both directly and indirectly, to around 6.3 million people, primarily in the Italian regions of Lazio, Sicily, and Campania.
It is listed on the Borsa Italiana and included in the FTSE MIB index.
Italgas was founded in 1837 and is historically known for introducing gas into Italian homes, contributing to the country's economic and social development. Today, the company focuses on the digital transformation of gas distribution networks, supporting the decarbonization of the energy system and contributing to the European Union's climate objectives. Technological upgrades have enabled Italgas's networks to accommodate the distribution of alternative gases, including biomethane, synthetic methane, and hydrogen.
In August 1837, French engineer Hippolyte Gautier obtained approval for the charter of a Gas Lighting Company for the City of Turin. The company was formed as a joint-stock enterprise with an initial planned capital of 840,000 Piedmontese lire, of which 722,000 were subscribed by investors from Lyon. When Gautier realized that Turin’s bankers and silk merchants were willing to invest more than initially expected, he amended the company’s charter, and on 8 January 1838, the Anonymous Company for the Lighting of the City of Turin by Means of Hydrogen Carbide Gas was founded, with a share capital of 1,020,000 lire.
The Lyonnais and the Turin shareholders divided the responsibilities: the Lyon investors would handle the technical management of the company, while the Turin investors would oversee the administration, being closer to the administrative bodies of the Savoy state. As a result, the board of directors was composed solely of Turin members, even though the majority of the capital had been subscribed by the Lyon group.
In Turin, the company faced competition from other gas producers, particularly the Gas-Light Consumers’ Cooperative, founded by several industries that used both forms of energy to power their machinery. Consequently, the Gas Lighting Company for the City of Turin sought new markets beyond the Piedmontese capital and secured concessions to manage gas distribution services in Palermo, Bergamo, and Cremona. In 1862, following this initial expansion, the company was renamed the Italian Gas Company (Società Italiana per il Gas), highlighting its new national scope. The 1880s marked the rise of electric energy, which would soon dominate lighting applications. Gas companies were therefore forced to explore new directions.
In 1900, Italgas was listed on the Milan Stock Exchange.
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Italgas
Italgas S.p.A. is an Italian Network Tech Company operating in the gas distribution, water services, energy efficiency, and IT sectors.
Following the acquisition of 2i Rete Gas, its main competitor, Italgas has become the largest gas distribution operator in Europe, managing a network of over 150,000 kilometers, with more than 12 million customers in Italy and in Greece, and approximately 6,500 employees. Through Nepta, the group's main company in the water sector, Italgas provides services, both directly and indirectly, to around 6.3 million people, primarily in the Italian regions of Lazio, Sicily, and Campania.
It is listed on the Borsa Italiana and included in the FTSE MIB index.
Italgas was founded in 1837 and is historically known for introducing gas into Italian homes, contributing to the country's economic and social development. Today, the company focuses on the digital transformation of gas distribution networks, supporting the decarbonization of the energy system and contributing to the European Union's climate objectives. Technological upgrades have enabled Italgas's networks to accommodate the distribution of alternative gases, including biomethane, synthetic methane, and hydrogen.
In August 1837, French engineer Hippolyte Gautier obtained approval for the charter of a Gas Lighting Company for the City of Turin. The company was formed as a joint-stock enterprise with an initial planned capital of 840,000 Piedmontese lire, of which 722,000 were subscribed by investors from Lyon. When Gautier realized that Turin’s bankers and silk merchants were willing to invest more than initially expected, he amended the company’s charter, and on 8 January 1838, the Anonymous Company for the Lighting of the City of Turin by Means of Hydrogen Carbide Gas was founded, with a share capital of 1,020,000 lire.
The Lyonnais and the Turin shareholders divided the responsibilities: the Lyon investors would handle the technical management of the company, while the Turin investors would oversee the administration, being closer to the administrative bodies of the Savoy state. As a result, the board of directors was composed solely of Turin members, even though the majority of the capital had been subscribed by the Lyon group.
In Turin, the company faced competition from other gas producers, particularly the Gas-Light Consumers’ Cooperative, founded by several industries that used both forms of energy to power their machinery. Consequently, the Gas Lighting Company for the City of Turin sought new markets beyond the Piedmontese capital and secured concessions to manage gas distribution services in Palermo, Bergamo, and Cremona. In 1862, following this initial expansion, the company was renamed the Italian Gas Company (Società Italiana per il Gas), highlighting its new national scope. The 1880s marked the rise of electric energy, which would soon dominate lighting applications. Gas companies were therefore forced to explore new directions.
In 1900, Italgas was listed on the Milan Stock Exchange.