(Alliance News) - Italgas Spa announced on Wednesday that it has signed a new EUR900 million sustainability-linked revolving credit facility with a syndicate of Italian and international banks, featuring a maximum maturity of five years.

The Revolving Credit Facility refinances a EUR600 million line established in 2024. According to a company statement, the move bolsters the group's financial flexibility in accordance with credit rating agency requirements.

The transaction is tied to specific key performance indicators concerning the reduction of Scope 1 and 2 emissions and the proportion of women in leadership roles, aligning with the targets set out in the 2025-2031 strategic plan and the sustainable value creation plan.

The banking syndicate includes Banca Nazionale del Lavoro, BNP Paribas, Banco Bilbao Vizcaya Argentaria, Bank of America, BPER Banca, Caixabank, Cassa Depositi e Prestiti, Crédit Agricole CIB, Intesa Sanpaolo, Mediobanca, Société Générale, and Unicredit.

Italgas shares closed up 0.5% at EUR10.365 per share.

By Michele Cirulli, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Stocks mentioned in the article

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Approximate price	Change	5d. change	Capi.
ITALGAS S.P.A.	9.890EUR	0.00%	-5.04%	11.96B
BANK OF AMERICA CORPORATION	50.69USD	+1.85%	+0.28%	353B
UNICREDIT S.P.A.	71.46EUR	0.00%	+1.03%	124B
BBVA	18.90EUR	+0.16%	+0.77%	123B
INTESA SANPAOLO S.P.A.	5.592EUR	0.00%	-4.54%	116B

Latest news about Italgas S.p.A.

May. 13	Futures rise as focus shifts to Trump in China	AN
May. 13	Italgas renews partnership with Tokyo Gas Network	AN
May. 12	Sell-off hits European equities; STM drags down MIB	AN
May. 12	Italgas renews memorandum of understanding with Tokyo Gas Network	AN
May. 12	Italgas, Tokyo Gas Network renew MoU aimed at strengthening cooperation in gas distribution, development of joint projects	RE
May. 06	European markets set for higher open; focus on PMIs	AN
May. 05	Italgas S.p.A. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
May. 05	Italgas S.p.A., Q1 2026 Earnings Call, May 05, 2026
May. 05	EU markets buoyant; Prysmian leads MIB sprint	AN
May. 05	Italgas: 2i Rete Gas synergies moving swiftly in line with targets	RE
May. 05	Italy's Italgas CEO says 2I Rete Gas synergies execution progressing strongly, fully on track to reach 50% target by end of year	RE
May. 05	Italgas Boosts Euro Medium-Term Notes Program to EUR7 Billion	MT
May. 05	Italgas Forecasts Higher FY26 Attributable Adjusted Net Profit	MT
May. 05	Italgas sets 2026 profit targets after quarterly earnings rise	RE
May. 05	Italgas renews EMTN program, increases maximum nominal amount to EUR 7 billion from EUR 5 billion	RE

Chart Italgas S.p.A.

Duration

Period

IG: Dynamic Chart

Company Profile

Italgas S.p.A. specializes in the distribution of natural gas. Net sales break down by activity as follows: - distribution of natural gas (91.9%): 11,409 million m3 distributed in 2025. At the end of 2025, the group operated a distribution network of 156,655 km; - other (8.1%): primarily water and heat distribution, engineering, technical assistance, etc.

Employees

6,289

Sector

Natural Gas Utilities

Calendar

May. 18 - Ex-dividend date - 0.432 EUR

More about the company