BAKU, Azerbaijan, April 17. Italian energy infrastructure company Snam has announced its 2025–2029 Strategic Plan, detailing investments of approximately €12.4 billion (around €13.4 billion gross of grants), fully aligned with its Transition Plan and focused on regulated infrastructures and the energy transition, Trend reports citing the company.
Of the total investment, €10.9 billion is allocated to Snam’s core regulated infrastructure business, while €1.5 billion will support the company’s energy transition platform. Around 70% of the overall plan is dedicated to green and decarbonization initiatives, including approximately 25% targeting emissions reduction measures—such as electric compression stations and leak detection and repair—and the development of green molecules like biomethane, hydrogen, carbon capture and storage (CCS), and energy efficiency. Another 45% will be invested in hydrogen-ready gas infrastructures, replacing assets with those built to H2-ready technical standards.
The remaining investments will support digitalization, maintenance, and ensuring security of supply, particularly in the liquefied natural gas (LNG) segment.
Snam estimates that 41% of its planned capital expenditures in the 2025–2029 period are aligned with the EU Taxonomy for sustainable activities, while 58% support the United Nations Sustainable Development Goals (SDGs).
Reinforcing the link between finance and sustainability, Snam has significantly boosted the share of sustainable finance in its funding strategy—from 40% in 2020 to approximately 84% in 2024. The company now aims to raise that figure to 90% by 2029, as outlined during its strategic presentation in January 2025.
The plan underscores Snam’s commitment to a low-carbon future and reflects its integrated approach to long-term value creation through climate-aligned infrastructure and financial strategies.
