Annual rank71
Italy · Utilities
Italgas
Operates in gas distribution, energy efficiency, water services and information technology through group businesses.
FY2022–FY2025
FY2022–FY2025
FY2022–FY2025
current context only
Company profile
From buried pipes to a digitally controlled network
Italgas distributes gas rather than selling it: its local networks connect high-pressure transport infrastructure with homes and businesses. Following the integration of 2i Rete Gas, the group operates across more than 4,000 Italian municipalities and also develops networks in Greece. Its distinctive proposition is to combine that physical scale with smart meters, digital twins, remote control and leak-detection technology, while transferring network expertise into water and energy-efficiency services.
Network and operating model
Europe's largest gas distributor does not sell the gas
The distributor takes gas at city gates, meters it and moves it through local pipes on behalf of retail suppliers. The 2i Rete Gas integration extended Italgas Reti across more than 4,000 municipalities, while Toscana Energia, Medea and Greece's Enaon retain distinct territorial roles.
- How gas distribution works City gates, local pipes, metering and network safety
- Inside the 2i Rete Gas integration The enlarged Italian footprint and operating rationale
- Meet the operating companies Gas networks in Italy and Greece plus diversified activities
- The network-transition plan Repurposing infrastructure for renewable gases
Meters and control rooms
DANA, Nimbus and two control centres turn pipes into responsive assets
DANA reads pressure, volume, odorisation, signals and alarms, then lets operators intervene remotely. Nimbus meters can recognise renewable-gas blends and close their valve during earthquakes or fires. Twin command centres in Florence and Turin connect those tools with emergency response and predictive maintenance.
- DANA command and control Algorithms, alarms and round-the-clock remote intervention
- Nimbus smart meter Renewable-gas compatibility and automatic safety responses
- Enter the Florence control centre Emergency response, DANA and its integrated Turin twin
Seeing above and below ground
Cars sniff methane while radar builds a digital twin underground
Picarro Surveyor vehicles detect methane across a much wider corridor than conventional instruments. A separate mapping fleet combines LiDAR and ground-penetrating radar to locate buried infrastructure and create three-dimensional network models. Smart worksites connect these records with lower-impact materials, sensors and digital maintenance.
- Ride with Picarro Surveyor High-sensitivity, georeferenced methane detection
- Map the network in 3D LiDAR, ground radar and a digital twin of buried assets
- See a smart worksite Digital records, materials and restoration practices
Beyond gas
The network playbook now reaches water and energy use
Nepta applies remote monitoring and smart-meter logic to water networks serving communities in Lazio, Campania and Sicily. Geoside's Savemixer analyses building and industrial consumption to identify waste. The contrast is memorable: a business founded for Turin's gas lighting in 1837 now presents itself through software, data and artificial intelligence.
- Digitising water networks Nepta, leakage reduction and centralised monitoring
- Explore Savemixer Geoside's data-led energy management for buildings and industry
- From gaslight to network technology The company's infrastructure history since 1837
- ▶ VideoWatch the 2026-2032 strategy English presentation of the enlarged network plan
Official profile sources: Our Business Activities | Italgas · Celebrating 187 years of history and a new digital look - Italgas.it
Current 2026 update
What has changed in 2026?
Biomethane network updates through 24 July 2026 · 24 July 2026
Biomethane network updates through 24 July 2026latest official update
4company-specific highlights
+10%2026 stock return · context only
Adjusted total revenue
Adjusted total revenue increased 44.1% to EUR 661.7 million, reflecting the expanded scope after 2i Rete Gas consolidation.
Profit
Adjusted net profit attributable to the Italgas Group rose 42.8% to EUR 189.4 million.
EIB financing
The EIB approved a 15-year EUR 250 million financing package for energy-efficiency upgrades, with the first EUR 150 million tranche signed.
Biomethane network connections
A Saluzzo connection can inject about 2.4 million cubic metres of biomethane a year; the later Castel d’Ario interconnection can feed up to 2 million cubic metres a year into the Gazzo Veronese Digital Reverse Flow hub.
Official 2026 sources: Italgas: approvati i risultati consolidati al 31 marzo 2026 · 5 May 2026 · EIB provides €250 million to Italgas Group to promote energy efficiency in Italy · 7 July 2026 · Italgas attiva a Saluzzo (CN) una nuova connessione di biometano alla rete di distribuzione del gas · 15 July 2026 · Italgas: interconnesso al Digital Reverse Flow di Gazzo Veronese il primo impianto di biometano di Castel d’Ario (Mantova) · 24 July 2026
Annual record
Ranking history
Future editions add rows; they do not rewrite the 2026 record.
| Edition | Measurement period | Rank | Revenue growth | Net-income growth | Stock return |
|---|---|---|---|---|---|
| 2026 | FY2022–FY2025 | 71 | +61% | +65% | +134% |