(Finance) – 2i Rete Gas has a preparatory process for listing on Euronext Milan has been started, in agreement with its shareholders and within the scope of possible strategic alternatives for maximizing value. To this end, we read in a note, it will rely on the support of Goldman Sachstogether with other advisors and legal consultants who will be selected in the coming weeks.
2i Rete Gas, second Italian operator in the gas distribution sectoroperates in 18 regions, with over 2,200 employees and approximately 72 thousand km of network, serving a total of 2,225 municipalities and approximately 4.9 million end customers.
THE revenues in 2022 they amount to 731.6 million euros andEBITDA to 502.5 million euros (the data are indicated net of the effects of Ifric 12). At 30 June 2023, revenues amounted to 387.2 million euros (+8.2%), the adjusted EBITDA at 246.7 million euros (+3.7%) and the adjusted net result at 73, 4 million euros (-3.5%).
The shareholders of 2i Rete Gas are F2i (63.9%), the Dutch pension fund APG and funds managed by Ardian (jointly 36.1%).