Italian gas distributor Italgas has outlined an ambitious investment programme extending to 2032, with total planned spending of 13 billion euros, equivalent to nearly $15 billion. Announced on 24th June 2026 as part of its Strategic Plan 2026-2032, the €13 billion investment represents a 14.6% increase compared to the company’s previous strategic framework. The Italgas strategic plan is designed to accelerate the development of smarter and more adaptable gas networks while increasing the use of artificial intelligence across its operations.
A substantial share of the planned the €13 billion investment will be directed toward Italy’s gas infrastructure. According to the company, $9.5 billion (8.3 billion euros) has been allocated for the development, digitization, and repurposing of gas networks across the country. This allocation marks a 4.0% increase compared with the previous plan. The Italgas Strategic Plan also includes investments beyond Italy, with expansion and network development activities in Greece set to receive $1.14 billion (1.0 billion euros) through 2032.
Smart Networks and Renewable Gas Integration
Operating under the theme “Lead. Innovate. In a changing world”, the company’s new strategy places significant emphasis on flexible smart networks as a means of strengthening energy security. These networks are expected to support the integration of renewable gases, including hydrogen, biomethane, and synthetic methane. The rollout of smart meters is another central component of the Italgas Strategic Plan, reflecting the company’s focus on modernization and digital transformation.
In addition to infrastructure spending under the €13 billion investment, Italgas has earmarked $570 million (500 million euros) through 2032 for potential merger and acquisition (M&A) opportunities within the gas distribution sector. The company stated that the planned investments will enhance the security and resilience of its network while making grid operations increasingly intelligent and adaptable. Such upgrades are viewed as essential for accommodating growing volumes of renewable gases, including biomethane, hydrogen, and synthetic methane.
Artificial Intelligence at the Core of Growth Strategy
Highlighting the role of technology in the company’s future, Italgas emphasized that artificial intelligence has become a fundamental element of its operational approach.
Commenting on the Italgas strategic plan, Italgas CEO Paolo Gallo said, “Artificial Intelligence is an integral part of Italgas’ operating model and lies at the core of this Plan. Applied to operations, business processes and customer management, our “agents” are already generating significant efficiencies while improving service quality.”
“The 13 billion euros of investments will make our network even smarter, more widespread and flexible, ready to accommodate also green molecules and support an energy system increasingly exposed to international instability and commodity market volatility,” he added.
