Italian gas grid operator Snam SRG has revealed its ambitious investment plan of 12.4 billion euros over the 2025-2029 period to enhance infrastructure and develop low-carbon ventures. The company, known for managing a vast network across Italy and internationally, aims to increase its dividend by 4% annually starting in 2025, a positive shift from the earlier 3% growth projection. Snam's CEO highlighted the focus on a pan-European infrastructure capable of handling traditional and decarbonised molecules, with specific emphasis on biomethane, hydrogen, and carbon dioxide ventures. The investment strategy allocates 10.9 billion euros towards enhancing gas infrastructure in Italy, including improving gas transit and expanding storage facilities, along with the completion of a new LNG terminal in Ravenna. Additionally, 1.5 billion euros will be directed towards low-carbon initiatives like carbon capture, hydrogen, and biomethane, showcasing Snam's commitment to sustainable energy solutions. While the adjusted EBITDA is set to grow by 5% annually in the next five years, the net debt is projected to rise to 21.2 billion euros by the end of 2029, reflecting the company's substantial financial commitment to its strategic objectives.