Ascopiave SpA - Company Profile

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Ascopiave SpA: Segment Analysis

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Business Description

Ascopiave SpA (Ascopiave), a subsidiary of Asco Holding SpA, operates in natural gas distribution, cogeneration, and heat management sectors. The company also operates in the water sector, being a shareholder and technological partner of the company Cogeide, operating in integrated urban water management. The company operates through three reportable business segments: Gas Distribution, Renewable Energy, and Other. In FY2025, the company's capital expenditure stood at EUR585.2 million, which grew significantly compared to EUR81.1 million in FY2024.

Business Segments

Overview

Manages concessions for the gas distribution service in municipalities across the provinces of Veneto, Friuli Venezia Giulia, Lombardy, Emilia-Romagna, and Piedmont. Operates through distribution companies, which include AP Reti Gas SpA, AP Reti Gas Vicenza SpA, AP Reti Gas Rovigo Srl, Edigas Esercizio Distribuzione Gas SpA, AP Reti Gas Nord Est Srl, Romeo Gas SpA, and Serenissima Gas SpA.

Performance

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Overview

It includes cogeneration, heat supply, water service, and the results of the parent company.

Performance

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Overview

It operates renewable energy plants such as hydroelectric and wind power.

Performance

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