Information
Regulated No.
0167-81-2026Date/Time of Dissemination Start July 7, 2026 12:21:36Euronext Milan
Company:ITALGAS
User - contact person:ITALGASN09 - Scaglia Anna Maria
Type:3.1
Date/Time of Receipt:July 7, 2026 12:21:36 Date/Time of Dissemination Start:July 7, 2026 12:21:36 Subject:From the EIB €250 million to the Italgas Group to promote energy efficiency in Italy Press Release Text
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Public
JOINT PRESS RELEASE
July 7, 2026
From the EIB €250 million to the Italgas Group to promote energy efficiency in Italy • First tranche of €150 million signed, part of the broader €250 million financing approved by the EIB.
• Measure intended to support a program of energy efficiency interventions across the country, managed by the Italgas Group companies.
• Focus on public and private buildings, SMEs, photovoltaic for self-consumption, and public lighting.
• Ninth transaction between the EIB and the Italgas Group, for a total of €1.9 billion.
The European Investment Bank (EIB) has approved a new financing package of €250 million with a 15-year term for the Italgas Group, aimed at supporting energy efficiency interventions throughout the national territory to be carried out by Geoside and Italgas Properties, respectively the Group's Energy Service Company (ESCo) and new real estate company. Today, the parties signed a first tranche of €150 million.
The agreement supports a broad portfolio of small and medium-sized interventions to be carried out in the period 2026–2029, including the energy requalification of public and private buildings, efficiency measures in the industrial sector, the installation of integrated photovoltaic systems for self-consumption, and the modernization of public lighting. According to EIB estimates, the operation will enable primary energy savings of approximately 30.6 GWh per year and the generation of 21.5 GWh per year of primary energy from renewable sources, equivalent to the annual electricity consumption of approximately 8,200 Italian households.
This is the second framework loan granted by the EIB to Italgas entirely aimed at aggregating a large number of investments to improve energy efficiency, as well as the ninth overall transaction with the Group. To date, the total value of EIB loans granted to the Italgas Group exceeds €1.9 billion. The financing contributes to accelerating the implementation of the investment program in a context characterized by market volatility, geopolitical tensions, and complex commercial dynamics.
“This agreement strengthens the EIB's role in supporting large-scale investment programs in the energy efficiency sector, mobilizing resources in a segment characterized by high fragmentation and significant financing needs. The operation channels capital towards widespread interventions across the territory, contributing to improving the sustainability profile of investments and generating long-term environmental and socioeconomic returns,” stated Gelsomina Vigliotti, Vice-President of the EIB.
“Energy efficiency is the most concrete lever for reducing consumption without sacrificing performance and produces immediate effects on security of supply, competitiveness for businesses and households, and environmental sustainability. The financing obtained from the EIB further strengthens our capacity to develop new solutions through an approach based on Geoside's proprietary technologies and internally developed AI systems. Our goal is to create value through consumption savings, with the awareness that the best energy is always the one that is not consumed,” commented Paolo Gallo, CEO of Italgas.
Public
General Information
The EIB Group
The European Investment Bank Group (EIB) is the lending arm of the European Union, owned by the 27 Member States, and is one of the world's largest multilateral development banks. In 2025, the EIB Group signed €100 billion in new financing to support over 870 high-impact projects in eight strategic priorities that contribute to the EU's policy objectives: climate action and environmental protection, digitalization and technological innovation, security and defense, cohesion, agriculture and bioeconomy, social infrastructure, strong global partnerships, and the union of saving and investment. As for Italy, in 2025 the EIB Group signed 105 new financing agreements for a total of €12.3 billion. In addition to providing long-term loans for the construction of major infrastructure, the EIB Group mobilizes private investment for innovative, high-risk businesses and projects. It also plays an increasingly important role in the European markets for venture debt, venture capital, guarantees, and securitizations. The European Investment Fund (EIF) is the EIB Group's subsidiary specializing in guarantees and equity. Its specific task is to improve access to credit for small and medium-sized enterprises and start-ups throughout Europe. The EIF acts as an anchor investor, leveraging its extensive network of partner banks and investment funds to mobilize private investment and fuel an ecosystem of venture capital funds to support innovative European entrepreneurs.
Italgas
Italgas is a Network Tech Company, active in the gas distribution, water services, energy efficiency, and IT sectors. Following the acquisition of 2i Rete Gas, Italgas has become the leading gas distribution operator in Europe, with a network of approximately 155,000 kilometers, 12.7 million customers in Italy and Greece, and around 6,500 employees. Through Nepta, the Group's parent company in the water sector, it provides services directly and indirectly to 6.3 million people, equivalent to 10% of the Italian population, mainly in the Lazio, Sicily, and Campania regions. Geoside, the Group's ESCo, manages the energy efficiency of condominiums, public administrations, and businesses throughout Italy. It boasts an innovative approach, leveraging proprietary technologies developed for the Group and Artificial Intelligence applied to its energy management systems.
Press Contacts
EIB Group: Enrico Possenti, e.possenti@eib.org, tel. +352 4379 82144, mobile: +352 691 28 55 32 Website: www.eib.org/press – Press office: press@eib.org
Italgas
Mirko Cafaro, mirko.cafaro@italgas.it, tel. +39 3316092084 Website: www.italgas.it – Press office: ufficio.stampa@italgas.it
End of Release No.0167-81-2026 Number of Pages: 4