Novareti Spa
Novareti S.p.A. is an Italian regulated multi-utility in Trentino distributing natural gas to ~168,000 customers, providing cogeneration-based district heating to 210 connections, and delivering integrated water services to 75,000+ customers as a wholly-owned subsidiary of Gruppo Dolomiti Energia.
- Company typePrivate
- Founded1993
- HeadquartersRovereto, Italy
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What Novareti Spa does
Novareti S.p.A. is an Italian regulated multi-utility operator headquartered in Rovereto, Trentino, providing natural gas distribution, cogeneration-based district heating (teleriscaldamento), and integrated water services. The company distributes approximately 311 million cubic meters of natural gas annually to roughly 168,000 customer units across 90 municipalities in Trentino, manages district heating serving 210 connections and 2.8 million cubic meters of building volume with more than 100 GWh of thermal, cooling, and steam energy delivered per year, and operates over 1,000 kilometers of water network delivering approximately 23 million cubic meters of water to more than 75,000 customers across 11 municipalities. Novareti is a wholly-owned subsidiary (socio unico) of Gruppo Dolomiti Energia, with registered share capital of €28.5 million and approximately 101–250 employees. Leadership includes CEO Claudio Dalrì and President Fortunata Mazzeo.
Novareti Spa firmographics
Firmographics- Name
- Novareti Spa
- Legal name
- Novareti S.p.A.
- Website
- https://novareti.eu
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Novareti S.p.A. is an Italian regulated multi-utility in Trentino distributing natural gas to ~168,000 customers, providing cogeneration-based district heating to 210 connections, and delivering integrated water services to 75,000+ customers as a wholly-owned subsidiary of Gruppo Dolomiti Energia.
- Ownership category
- akta.pro rank
Novareti Spa industry classification
Industry- Product category
- Multi-utility Distribution Services
- NAICS
- Natural Gas Distribution (22121), Steam and Air-Conditioning Supply (221330)
- SIC
- Natural Gas Distribution (4924), Cogeneration Services & Small Power Producers (4991), Gas & Other Services Combined (4932), Water Supply (4941)
- akta.pro primary industry
- Regulated Natural Gas Utility (LDC) Customer Acquisition & Switching (EUAAADAA)
- akta.pro secondary industries
- Gas Mains (Distribution Pipelines) (EUAJABAA), Captive & Embedded Gas-Fired Power Generation (Industrial/Commercial CHP) (EUALALAB)
Keywords
Where Novareti Spa is headquartered
LocationHeadquarters
- HQ city
- Rovereto
- HQ country
- Italy
- HQ region
- Europe
Offices2 records
Markets served
Novareti Spa business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain
Revenue model
- Natural Gas Distribution: Regulated revenue from natural gas distribution services across 90 municipalities in Trentino. Revenue is derived from regulated tariffs set by ARERA (Autorità di Regolazione per Energia Reti e Ambiente), consisting of fixed annual quotas per delivery point (PDR) and variable quotas based on consumption volumes (Smc). Tariffs cover distribution, measurement, and commercialization components.
- District Heating (Teleriscaldamento): Revenue from cogeneration-based district heating and cooling services, providing thermal energy and refrigeration to approximately 210 connections across 2.8 million cubic meters of building volume.
- Water Services (Servizio Idrico): Revenue from integrated water cycle management including water distribution and treatment services for over 75,000 customers across 11 municipalities in Trentino, handling approximately 23 million cubic meters of water annually.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Gas Distribution Tariffs 2026 - Fixed Annual Component |
| Usage-based | Pay-as-you-go | Gas Distribution Tariffs 2026 - Variable Component |
| Unit Pricing | One time/ perpetual license | Accertamento Fees (Inspection Costs) |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels7 records
Novareti Spa product offering
Product offeringCore offering
Novareti is a regulated multi-utility infrastructure operator in Trentino, Italy that distributes natural gas to approximately 168,000 customer units across 90 municipalities (around 311 million cubic meters annually), provides cogeneration-based district heating serving 210 connections across 2.8 million cubic meters of building volume, and delivers integrated water cycle services to over 75,000 customers across 11 municipalities through more than 1,000 km of network. The company holds the 12-year ATEM Trento gas distribution concession awarded in January 2026 and operates under ARERA regulatory oversight.
Product overview
Novareti Spa is a multi-utility company providing natural gas distribution, district heating (teleriscaldamento), and water cycle services primarily in the Trentino region of Italy. The company operates as a unified utility platform combining physical infrastructure services (gas, water, district heating networks) with digital service layers (customer portal myNOVARETI, telecontrollo remote monitoring, ART information exchange portal). The core product portfolio consists of gas natural distribution to ~168,000 customers across 90 municipalities, district heating via cogeneration serving 2.8 million cubic meters of building volume, and water services across 11 municipalities with 75,000+ customers. Supporting infrastructure includes electronic gas meters compliant with ARERA regulations, smart water meters with telereading capabilities, and the PNRR-funded water network modernization project. The company also manages a 12-year concession for natural gas distribution across the Provincial Single Area of Trento (167 municipalities).
Differentiator
Problem solved
Functional benefit
Products and services
- Natural Gas Distribution Service
Quantifiable outcome
- Reduced water losses through districtualization creating 21 new districts across 119 km of network
- +3 more outcomes
Companies that use Novareti Spa
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles4 records
Novareti Spa technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Novareti Spa partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and major.
- Gruppo Dolomiti Energia (Dolomiti Energia Holding Spa)coreNovareti is a wholly-owned subsidiary (Socio unico) of Gruppo Dolomiti Energia, the parent energy group based in Trentino. The group includes multiple energy and utility companies including Dolomiti Energia S.p.A., Dolomiti Energia Mercato S.p.A., Società Elettrica Trentina per la Distribuzione di Energia Elettrica S.p.A., and others. Novareti operates as part of the group's integrated utility strategy, sharing services, DPO, and following group governance policies.
- Agenzia Provinciale per gli Appalti e Contratti (APAC) - Provincia Autonoma di TrentocoreProvincial government agency responsible for public procurement that officially awarded Novareti the 12-year gas distribution service concession for the Ambito Unico Provinciale di Trento in January 2026. The concession covers 167 municipalities (166 in Trento province, 1 in Brescia province) and includes plans to extend the network to non-metanized territories.
- Comune di RoveretocoreCollaboration on PNRR-funded project M2C4-I4.2_180 'Riduzione delle perdite nelle reti di distribuzione dell'acqua' to modernize Rovereto's water distribution network. Project aims to create 21 new districts across 119 km of network and deploy smart water meters to reduce water losses and improve service efficiency. Total funding approximately €2,475,000.
- Ministero delle Infrastrutture e dei Trasporti (MIT)majorGovernment body acting as the Implementing Authority (Amministrazione Titolare) for the PNRR water network modernization project. Oversees funding allocation and project compliance with EU Next Generation EU objectives for ecological transition and water resource valorization.
- SNAM Rete Gas (Snam S.p.A.)coreAs of June 1, 2024, biometano connection requests must be submitted to SNAM Rete Gas (the major transport company) as mandated by ARERA Deliberation 220/2023/R/gas and 131/2024/R/gas. SNAM manages the gas transmission network that interfaces with Novareti's distribution network. Information and procedures for biometano connections are available on SNAM's portal.
Scale indicators12 records
Recent moves6 records
Expansion highlights6 records
Novareti Spa competitors and assessment
Company assessmentRegional players
- A2A Calore & Servizi: District heating and cogeneration operator within A2A serving Lombardy. Closest direct comparison to Novareti's cogeneration-based district heating network serving 2.8M m³ of buildings with 100+ GWh annual output.
Broad incumbents
- Italgas: Italy's largest natural gas distribution operator serving ~7.7 million customers nationwide. Directly comparable as a regulated gas LDC under ARERA, though at vastly larger scale and broader geographic footprint than Novareti's Trentino concession.
- AcegasApsAmga (Hera Group): Hera Group's multi-utility operations in Trieste, Padova and surrounding areas. Directly comparable as a regulated multi-utility combining gas, water and district heating distribution under ARERA oversight.
- 2i Rete Gas: Italy's second-largest gas distribution operator with ~4.6 million customers, owned by F2i and Ardian. Operates the same regulated gas distribution business model under ARERA concessions, making it a direct structural peer to Novareti's gas distribution activities.
- Unareti (A2A Group): Gas and electricity distribution subsidiary of A2A serving Lombardy. Comparable as a multi-utility regulated gas distribution operator with adjacent district heating operations, though much larger and serving a different region.
Others
- Dolomiti Energia Reti: Group-level electricity distribution subsidiary of Novareti's parent (Gruppo Dolomiti Energia). Sibling network operator under the same parent holding, providing a same-group comparison for regulated utility governance.
Direct peers
- Ascopiave: Italian natural gas distributor serving ~200+ municipalities primarily in Veneto. Direct peer operating under the same ARERA regulatory framework with similar municipal concession-based business model and customer scale.
- Ireti (Iren Group): Iren's regulated networks subsidiary operating gas, water and district heating distribution across northern Italy. Most direct multi-utility comparison to Novareti's combined gas + water + district heating portfolio and integrated infrastructure model.
- AGSM AIM (AIM Vicenza): Multi-utility in the Veneto region providing gas distribution, district heating, water and electricity services. Comparable integrated multi-utility model with municipal concession footprint similar to Novareti.
- Metano Nord (Gruppo Ascopiave): Gas distribution subsidiary within the Ascopiave ecosystem operating in northern Italy. Comparable regulated gas LDC business model at sub-200K customer scale similar to Novareti.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Novareti Spa social profiles
Digital presenceNovareti Spa compliance and trust
Trust signalCompliance4 records
Novareti Spa financial estimates
Financial estimateRevenue estimate
Valuation estimate
Novareti Spa leadership team
Management profileNumber of profiles
Profiles1 record
Novareti Spa funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Novareti Spa M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Novareti Spa
What does Novareti Spa do?
Novareti is a regulated multi-utility infrastructure operator in Trentino, Italy that distributes natural gas to approximately 168,000 customer units across 90 municipalities (around 311 million cubic meters annually), provides cogeneration-based district heating serving 210 connections across 2.8 million cubic meters of building volume, and delivers integrated water cycle services to over 75,000 customers across 11 municipalities through more than 1,000 km of network. The company holds the 12-year ATEM Trento gas distribution concession awarded in January 2026 and operates under ARERA regulatory oversight.
Is Novareti Spa a public or private company?
Novareti Spa is a private company. It is classified as corporate owned and is currently operating.
When was Novareti Spa founded?
Novareti Spa was founded in 1993. It employs 101 to 250 people.
Where is Novareti Spa based?
Novareti Spa is headquartered in Rovereto, Italy, in the Europe region.
How does Novareti Spa make money?
Three revenue lines are on record. Natural Gas Distribution is the primary driver. The others are district Heating (Teleriscaldamento) and water Services (Servizio Idrico).
Who are Novareti Spa's main competitors?
A2A Calore & Servizi is listed as a regional player. Broad incumbents are Italgas, AcegasApsAmga (Hera Group), 2i Rete Gas and Unareti (A2A Group). Dolomiti Energia Reti is listed as an others. Direct peers are Ascopiave, Ireti (Iren Group), AGSM AIM (AIM Vicenza) and Metano Nord (Gruppo Ascopiave).
Does Novareti Spa have an API?
No public API is recorded for Novareti Spa.
What industry is Novareti Spa in?
Novareti Spa's product category is Multi-utility Distribution Services. Its primary akta.pro industry code is EUAAADAA, Regulated Natural Gas Utility (LDC) Customer Acquisition & Switching, with a secondary code of EUAJABAA, Gas Mains (Distribution Pipelines). Its NAICS code is 22121 and its SIC code is 4924.