Italgas completed the acquisition of DEPA Infrastructure from HRADF and Hellenic Petroleum for $867m.

Italgas, a company engaged in the business of natural gas distribution, completed the acquisition of DEPA Infrastructure, a group of companies with presence in the energy sector, actively engaged in the wholesale market, trading and supply, from Hellenic Republic Asset Development Fund, an investment advisory firm, and Hellenic Petroleum, an energy group, for $867m. “I am proud of the result achieved, which rewards the Italian entrepreneurial capability as well as the technical and technological leadership of Italgas. In recent years, the company has been able to continue to grow and is now recognized as an international benchmark for the sector also in the perspective of energy transition," Alberto Dell'Acqua, Italgas Chairman.