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Snam woos investors with net-zero claims, while growing its spending on fossil gas infrastructure

March 01, 2021
Arjun Flora
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Key Findings

Even as it seeks to attract funding from sustainability-led lenders, Europe's largest gas pipeline company continues to devote the vast majority of planned capital spending to unabated fossil gas infrastructure

Italian gas giant publicizes hydrogen commitment while spending shows business as usual

Arjun Flora

Arjun Flora is Director of Energy Finance Studies, Europe. At IEEFA, Arjun is responsible for leading and building the Europe team, partnering with funders, campaigners and investors to maximize IEEFA’s impact. As a research analyst, he covers several topic areas relating to the energy transition in Europe, including power utilities, gas infrastructure, sustainable finance, renewable energy, energy markets and consumption trends.

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