Hera secures EUR 73.50 million Leonardo concession: Hera stock sits 21.17 percent below its high
Published on 10/19/2026 at 10:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSProjects and reporting dates
- Hera secured a EUR 73.50 million concession for Leonardo on October 13, 2026.
- First-half 2026 net profit rose 16 percent and investments increased 56 percent.
- Hera stock trades at EUR 3.50 at 10:09 a.m. CEST at Lang & Schwarz on October 19, 2026.
- Hera's next reporting date is November 11, 2026.
Hera (ISIN IT0001250932) secured a EUR 73.50 million concession connected with the Leonardo supercomputer on October 13, 2026, according to Teleborsa. The project gives the utility a concrete growth angle in renewable energy infrastructure.
EUR 73.50 million concession
The Energy Park in Bologna will supply renewable electricity to Leonardo, the supercomputer operated by Cineca. Teleborsa reported that the concession will be managed by Helisa, a company fully controlled by Hera, while the agrivoltaic plant is designed to produce 30 GWh annually and avoid 7,000 tons of carbon dioxide emissions.
The project covers 90 hectares, including nearly 70 hectares suitable for cultivation, with construction scheduled for 2027 and 2028 and completion planned for 2029. For Hera, the value lies in combining a 73.50 million euro concession with a long-duration infrastructure project.
What do the results mean for growth?
Hera's first-half 2026 results showed net profit up 16 percent and investments up 56 percent from the previous period, the company said on its investor-relations page. The figures point to heavier infrastructure spending alongside improved earnings, making execution of the Energy Park relevant to the investment case.
Three dates shape the next steps
Hera approved its first-half 2026 results on July 29, 2026, reported the acquisition of 70 percent of Kronos Polymer Polska on July 14, 2026, and secured the Leonardo concession on October 13, 2026. These three dated events show the company combining financial delivery, portfolio expansion and renewable infrastructure.
The next scheduled date is November 11, 2026, when Hera plans to disclose financial results for the third quarter of 2026. The Energy Park construction phase is scheduled for 2027 and 2028, with completion planned for 2029.
Stock remains below its yearly high
Hera stock was trading at EUR 3.50 at Lang & Schwarz on October 19, 2026 at 10:09 a.m. CEST. The stock's quoted 52-week range was EUR 3.40 to EUR 4.44 as of October 16, 2026, placing the current price 21.17 percent below the high.
The market picture therefore combines a new infrastructure concession with stronger first-half earnings and elevated investment. The next financial update will test whether that investment pace is translating into continued operating progress.
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 19, 2026, 10:09 a.m. CEST): EUR 3.50
- 52-week range: EUR 3.40-EUR 4.44 (as of October 16, 2026)
- Sector / Industry: Utilities
Market context: Market report Euro Stoxx 50.
