Italy's Snam, A2A team up to help FNM with hydrogen trains
29/12/2020 10:08
MILAN, Dec 29 (Reuters) - Italian gas group Snam SRG.MI
and regional utility A2A A2A.MI are teaming up to look at ways
of fueling Italian transport group FNM's FNMI.MI new hydrogen
trains from renewable energy sources, the three companies said
on Tuesday.
FNM said in November it would invest as much as 160 million
euros ($196 million) to buy a series of hydrogen-powered trains
from France's Alstom ALSO.PA . urn:newsml:reuters.com:*:nL8N2IC4DM
A2A this month inked a deal with FNM to find the best way to
supply green hydrogen to power the trains. urn:newsml:reuters.com:*:nL8N2II2ZU
"With this agreement, we strengthen our commitment to invest
in the decarbonisation of the Italian rail transport through
hydrogen," said Snam CEO Marco Alvera.
Snam, Europe's biggest gas transport group, is investing in
green hydrogen and has said 70% of its natural gas grid is made
up of "hydrogen ready" pipes. urn:newsml:reuters.com:*:nL8N2HC3ET
($1 = 0.8172 euros)
(Reporting by Stephen Jewkes; editing by John Stonestreet)
((stephen.jewkes@thomsonreuters.com; +39.0266129695; Reuters
Messaging: stephen.jewkes.thomsonreuters.com@reuters.net))