Hera secures EUR 73.5 million Leonardo deal: what it means for Hera stock
Published on 10/16/2026 at 10:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSEnergy project and trading details
- Hera won a EUR 73.5 million concession for renewable power at the Leonardo supercomputer on October 13, 2026.
- The Energy Park is designed to produce 30 GWh annually once operational.
- Hera stock traded at EUR 3.54 at 10:47 a.m. CEST at Lang & Schwarz on October 16, 2026.
- Hera's next financial results are scheduled for November 11, 2026.
Hera (ISIN IT0001250932) secured a EUR 73.5 million concession on October 13, 2026, to supply renewable energy to the Leonardo supercomputer in Bologna. The project gives the utility a concrete infrastructure contract as its stock stood at EUR 3.54 at Lang & Schwarz at 10:47 a.m. CEST on October 16, 2026.
Energy Park adds a measurable contract
According to ANSA, Hera won the tender launched by the inter-university consortium Cineca. Its agrivoltaic plant is planned to cover 30 hectares and produce 30 GWh of electricity annually once fully operational.
The Energy Park will cover 90 hectares, including almost 70 hectares suitable for cultivation, while construction and permitting work is planned for 2027 and 2028. Completion is expected in 2029, giving the concession a multiyear execution profile rather than an immediate earnings contribution.
What does the project mean for Hera?
The contract links Hera's utility operations with demand from high-performance computing and renewable infrastructure. The company will manage the project through Helisa, a wholly owned subsidiary, while the plant is intended to avoid about 7,000 tonnes of carbon dioxide emissions annually, according to Teleborsa.
Three dated Hera milestones
On April 29, 2026, Hera shareholders approved the 2025 financial statements and raised the dividend to EUR 0.16 per share. On July 29, 2026, the board approved the half-year results for the period ended June 30, 2026. On October 13, 2026, Hera announced the Energy Park concession, the latest of the three dated milestones listed by the company in its investor-relations materials.
Upcoming reporting date
Hera's investor-relations calendar lists November 11, 2026, for disclosure of the financial results as of September 30, 2026. The project timeline points to 2029 for completion of the Energy Park, according to the Hera investor-relations page.
Stock trades during the current session
Hera is listed as HER.MI on Borsa Italiana in the utilities sector, according to Global Banking and Finance. The current euro quotation places the trading focus on execution of the new infrastructure project and on the September results due in November.
Hera stock was trading at EUR 3.54 at Lang & Schwarz on October 16, 2026 at 10:47 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Hera stock.
Hera stock facts
- Company: Hera S.p.A.
- ISIN: IT0001250932
- Ticker: HER.MI
- Primary exchange: Borsa Italiana
- Price Lang & Schwarz as of October 16, 2026, 10:47 a.m. CEST: EUR 3.54
- Sector: Utilities
- Next earnings date: November 11, 2026
Market context: Market report FTSE MIB.
