The implementation of synergies between Italgas and 2i Rete Gas is proceeding at full speed and remains perfectly on track to reach the 50% target by year-end.

CEO Paolo Gallo confirmed the progress during a conference call with analysts.

Italgas completed the acquisition of 2i Rete Gas in April, establishing itself as the leading gas distribution operator in Europe.

(Milan newsroom, editing by Gianluca Semeraro)