Press release
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snam Snam : increased investments in the 2021-2025 plan with significant growth opportunities to 2030 thanks to acceleration of the transition towards net zero Vision to 2030 23 billion euros of investment opportunities in the 2021-2030 period in three growth areas ( energy networks , energy storage and green energy projects ) to be a global leader in green gas infrastructure 2022-2030 EBITDA CAGR between 6 % and 8 % O O Energy networks 12 billion euros of investment for the existing H2 - ready network 3 billion euros of investment in the first tranche of an Italian hydrogen backbone to connect Italy to countries with higher demand like Germany Entering the share capital of gas pipelines interconnecting Algeria , Tunisia and Italy Energy storage New plan to leverage on Snam's European leadership in gas storage and evolve towards an international green energy storage platform Tests confirmed the possibility to store 100 % hydrogen in Snam's sites 3 billion euros of investments in the regulated asset base 2 billion euros of investments in new energy storage activities and new geographies Green energy projects O O press release Main growth initiatives : O O New growth phase : from pilot projects to green gas scalable projects O 3 billion euros of investments identified in Italy and abroad De Nora : possible IPO in 2022 and supporting the company's growth through the setting up of an Italian electrolysers Gigafactory for hydrogen production by leveraging on the IPCEI programme Leader in emissions reduction : first EU TSO to set a target to reduce Scope 3 indirect emissions by 2030 ( -46 % from associate companies , -55 % of economic intensity from the supply chain emissions ) ESG scorecard in 14 areas , updated to 2025. New target : sustainable finance ( at > 80 % of the funding by 2025 vs. current 60 % ) Investments and main targets to 2025 Total investments in the 2021-2025 period : 8.1 billion euros ( +700 million euros vs. the 2020-2024 plan ) due to acceleration in storage , and investments in green energy projects RAB : > 2.5 % annual average growth over the 2021-2025 period ; > 3.5 % in the 2025-2030 period EBITDA : 4.5 % annual average growth in the 2022-2025 period ; Net Income : 3 % annual average growth in the 2022-2025 period ; This press release is available at www.snam.it Snam Press Office T + 39 02.37037273 ufficio stampa@snam.it Snam Investor Relations T + 39 02.37037898 investor.relations@snam.it