Formed in 2002 through the consolidation of 11 municipal utilities, Hera S.p.A. has grown into one of Italy's largest public utility providers. The company's operations are divided into five main segments: Gas, Electricity, Integrated Water Cycle, Environment (waste management), and Other Services such as public lighting. Hera manages the entire lifecycle of resources, from energy distribution and retail sales to water purification and waste-to-energy treatment. The company holds leading national positions in waste treatment volume and water supply, while also serving a substantial customer base in gas and electricity sales. Its shareholder structure balances public municipal ownership with a significant free float of institutional and retail investors.
