SNAM Strengthen its Position in Green Hydrogen with 33% Stake in DeNora
November 19, 2020 | 9 min read November 19, 2020 | 9 min readSan Donato Milanese (MI)–Snam has signed an agreement with funds managed by Blackstone Tactical Opportunities (“Blackstone”) for the purchase of a strategic stake of approximately 33% in Industrie De Nora S.p.A. (“De Nora”), a global innovator in sustainable clean energy and water treatment technologies, based on a 100% enterprise value of approximately € 1.2 billion.