From CDP 20 million for the expansion of the Società Gas Rimini Group

CDP Fitch confirms the ratings Stable outlook

(Finance) – Support the employment growth and incentivising the efficiency and diversification of energy supply sources. These are the objectives of the 20 million euro loan signed between Cassa Depositi e Prestiti (CDP) and the Società Gas Rimini Group (SGR Group), a company active in the distribution and marketing of gas and electricity, also produced from renewable sources.

Thanks to the resources made available by CDP, the Gruppo SGR will be able to strengthen its competitiveness through the acquisition of companies specialized in advanced plant engineering activities, energy saving and efficiency as well as in the production of biomethane. Furthermore, the agreement it will favor the energy transition process of the SGR Groupprogressively oriented towards initiatives and activities in the field of renewable energy capable of producing concrete benefits for the community.

The operation will also allow important repercussions in terms of employment growthwith a 15% increase in the number of employees. Objective in line with the principles of CDP’s 2022-2024 Strategic Planwhich aims to generate positive social and environmental impacts of the country, with actions and investments increasingly guided by ESG (Environmental, Social, Governance) criteria.

The SGR Group has been operating in the Rimini area since 1956 as a natural gas distribution and sales company. Over the years it has established itself in the national energy market, reaching over 400,000 citizens in 3,600 Italian municipalities, to whom it addresses with a series of integrated skills and activities that have progressively expanded the range of services provided. Today it employs more than 570 people and is one of the reference operators in the area with a turnover of around 580 million.

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