SIAD - Società Italiana Acetilene e Derivati S.p.A.

12/06/2023 | News release | Distributed by Public on 12/06/2023 10:04

A2A and SIAD together for energy transition

Agreement for the construction of a photovoltaic plant for the production of renewable energy

Bergamo, 6th December 20th, 2023-The SIAD Group, as part of its goals to support renewables and actively participate in reducing environmental impact, and A2A, through its subsidiary A2A Energia, have signed a Power Purchase Agreement (PPA).

The agreement calls for SIAD to purchase the renewable energy produced by a photovoltaic installation built by A2A. The new installation will be able to generate 15,000 MWh of green energy per year, equal to the consumption of about 5,500 households, and will avoid the emission of about 7,000 tons of CO2eq/year. Thanks to this green energy, SIAD's industrial gas production will be even more environmentally friendly. Indeed, the initiative is part of the international chemical group's overall sustainability approach, conducted through the constant improvement of its production processes and the increasing use of renewable energy sources. The SIAD Group, thanks to its highly diversified technological expertise, supports decarbonization through technologies for the efficient recovery and reuse of CO2 and the energy transition with innovations and expertise in the hydrogen supply chain. It promotes a sustainable business culture and continues to develop products and services for its customers that improve environmental performance.

For A2A, this initiative represents an opportunity to create value together with its partners, providing medium to long-term offers and solutions capable of concretely supporting companies on the path to decarbonization. The new photovoltaic plant, thanks to the production of renewable energy, will also make it possible to contribute further to the energy transition, one of the pillars of the Group's Industrial Plan, which aims to foster the country's sustainable development.

SIAD

SIAD is one of Italy's leading chemical groups, with a 2022 turnover of more than 1 billion euros, 70,000 customers and 2,177 employees worldwide. Founded in Bergamo in 1927, chaired by Roberto Sestini and administered by Bernardo Sestini, it has a strong tradition and experience. The SIAD Group has operations in Europe and around the world and is active in the Industrial Gas, Engineering, Healthcare, Natural Gas and LPG sectors. Since its foundation, values such as Solidity, Innovation, Authenticity and Difference have enabled the SIAD Group to grow, continuing to expand year after year in a responsible and sustainable way.

www.thesiadgroup.com

Media contacts:

Luca Vitale e Associati - Progetti di comunicazioni

Luca Vitale, 335 6010843 - [email protected]

Erika Veschini, 348 4011735 - [email protected]

A2A

Listed on the stock exchange, with more than 13,000 employees, the Group manages the generation, sale and distribution of energy and the sale and distribution of gas, district heating, waste cycle, electric mobility and smart services for cities, public lighting and integrated water service. Sustainability is at the heart of A2A's industrial strategy, and to promote the country's sustainable growth and make the energy transition and circular economy concrete realities, the business plan calls for 16 billion investments to 2030 in projects aligned with the UN Agenda.

Contacts:

Giuseppe Mariano

Media Relations, Social Networking and Web Responsabile

Silvia Merlo - Silvia Onni

Ufficio Stampa

[email protected]

Tel. [+39] 02 7720.4583