Snam Analysis
Snam S.p.A. is an Italian energy infrastructure company.As of 31 December 2018, it had a market capitalization of €12.6 billion. Snam was originally a subsidiary of Italian energy company Eni. It has since become an independent company, whose largest shareholder is CDP Reti, a holding company controlled by the Italian state. The utility operates in Italy and, through associated companies, in Austria, France, United Kingdom, in Albania (AGSCo), Austria (TAG and GCA), France (TerÄ“ga), Greece (DESFA) and the United Kingdom (Interconnector UK). It is one of the main shareholders of TAP (Trans Adriatic Pipeline). Snam is one of Europe's main regulated gas companies - leading Italy in gas transport and storage, while ranking third in regasification
Snam is engaged in the construction and integrated management of natural gas infrastructure. It manages the gas systems, develops infrastructure and provides integrated services for the market. Co. is also engaged in natural gas transportation, storage, regasification and urban distribution. Co. manages a national transportation network, including eight storage facilities, one regasification plant and a local distribution network.
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