Announced

Completed

Ascopiave completed the acquisition of gas network assets of A2A for €430m.

Synopsis

Ascopiave, a natural gas distribution and energy firm, completed the acquisition of gas network assets of A2A, an Italian company, organised as a società per azioni, that generates, distributes, and markets renewable energy, electricity, gas, integrated water supply, and waste management services, for €430m. “In virtue of this operation, Ascopiave becomes one of the leading national operators in the gas distribution sector and it represents a milestone in the Group's strategic development project,” Nicola Cecconato, Ascopiave Chairman and CEO.

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