Snam is one of the world’s leading energy infrastructureoperators and ranks among Italy’s largest listed companies,by market capitalization.Through a sustainable and technologically advancednetwork, Snam guarantees the security of supply andis a key enabler in the energy transition. Through itsinternational footprint Snam operates in Albania (AGSCo),Austria (TAG, GCA), France (Terēga), Greece (DESFA),Italy, UAE (ADNOC Gas Pipelines) and UK (InterconnectorUK) and has recently started activities in China and India.Snam is also one of the leading shareholders in TAP(Trans Adriatic Pipeline).The Group has the largest natural gas transportationnetwork (over 41,000 km including internationalassets) and storage capacity (approx. 20 bcm includinginternational assets) among its European peers and is alsoa leading player in regasification, through the LNG terminalin Panigaglia (GNL Italia) and its stakes in the Livorno (OLT) and Rovigo (Adriatic LNG) terminals in Italy and in the Revithoussa (DESFA) terminal in Greece.In its 2020-2024 strategic plan, Snam plans an increasein investments to 7.4 billion euros and more focuson the energy transition businesses: biomethane(Snam 4 Environment), energy efficiency (Renovit),sustainable mobility (Snam 4 Mobility) and hydrogen.The company also operates in forestation (Arbolia) andis committed to achieving carbon neutrality (Scope 1and Scope 2) by 2040.The Group’s business model is based on sustainablegrowth, transparency, the promotion of talents anddiversity and the social development of local areas alsothrough the initiatives of Fondazione Snam.
|Market Segment||Euronext Milan|
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