The Estra Group is a young company founded in 2009, when three Tuscan multi-utility groups (Consiag S.p.A., Intesa S.p.A. and Coingas S.p.A.) decided to join together to exploit synergies in the sale of natural gas and electricity and to become a new major player in Central Italy. The result of this process was Estra, a company dedicated to the sale of natural gas and electricity.
GAS AND ELECTRICITY CUSTOMERS
€ REVENUES PER YEAR
GAS DISTRIBUTION NETWORK
OPTICAL FIBER CABLE
OF ELECTRICITY PRODUCED BY RENEWABLES
The shareholders of Estra S.p.A. are as follows:
Consiag S.p.A. of Prato with a 39.50% interest;
Intesa S.p.A. of Siena with a 25.14% interest;
Coingas S.p.A. of Arezzo with a 25.14% interest;
Viva Servizi S.p.A. of Ancona with a 10.00% interest;
ETA 3 S.p.A. of Arezzo with a 0.22% interest.
Estra S.p.A. has fully paid-up share capital of €228,334,000.00.
Estra S.p.A. has 141 municipalities indirect shareholders.
The three companies that formed Estra S.p.A. in 2010 (Consiag S.p.A., Coingas S.p.A. and Intesa S.p.A.) are fully stated-owned enterprises. Accordingly, 97* municipalities in the provinces of Arezzo, Florence, Grosseto, Pistoia, Prato and Siena are its indirect shareholders. Viva Servizi S.p.A., a multi-utility owned by 44 municipalities in the provinces of Ancona and Macerata, purchased a 10.00% interest in Estra. ETA3 S.p.A. is controlled by Estra S.p.A., with an interest also held by Edison S.p.A.
*The municipalities of Marciano della Chiana and Lucignano are among the shareholders of both Intesa S.p.A. of Siena and Coingas S.p.A. of Arezzo.