Italy's Hera hikes investments, dividend policy in business plan to 2028

Hera SpA

23/01/2025 07:41

Jan 23 (Reuters) - Italian regional utility Hera
 HRA.MI  said on Thursday it expects gross investments of 5.1
billion euros ($5.30 billion) to support its sustainable
development and to enhance its infrastructure as part of its
business plan to 2028.
    The group, which sells gas, electricity and water to the
Italian market, also aims to increase dividends by 21% with an
average annual yield of around 5%.
    ($1 = 0.9619 euros)

 (Reporting by Enrico Sciacovelli and Michela Stasio; editing
Jason Neely)
 ((Enrico.Sciacovelli@thomsonreuters.com; +48587720309;))