Image: OilPrice.comEurope’s Top Gas Distributor to Invest $14.8 Billion in AI-Backed Networks
• Europe’s largest natural gas distributor, Italgas, announced a strategic plan to invest approximately $14.8 billion (nearly 15 billion USD) by 2032. • The "Lead. Innovate. In a changing world" initiative focuses on deploying AI-backed smart networks and rolling out smart meters to increase flexibility and energy security. • A significant portion of the funding, totaling $1.14 billion (1.0 billion euros), is earmarked for network expansion and development within Greece.
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