Greek gas distribution operator Enaon EDA plans to invest €1 billion between 2026 and 2032, combining network expansion with smart metering, digital asset management and preparation for renewable gases.
More than €644 million will be directed toward expanding the distribution system. The programme envisages over 2,700 kilometres of new pipelines, access for more than one million customers and the extension of gas infrastructure to 29 additional cities.
A further €99.4 million is allocated to digitalisation and innovation, €68 million to infrastructure upgrades and €31 million to refurbishment and preventive maintenance. Enaon expects its regulated asset base to rise from approximately €900 million to €1.4 billion by 2032.
The first expansion phase will bring gas distribution to Ioannina, Patra, Preveza and Pyrgos during 2026, followed by Agrinio, Arta and Igoumenitsa in early 2027. Six co-financed regional projects worth €247 million will extend access to households, businesses, schools and healthcare facilities.
Industrial demand is a central part of the investment case. Enaon plans to connect 247 industrial customers, 425 large commercial users and approximately 129,000 additional active consumers by 2032. It expects broader network coverage and the replacement of heating oil to increase distributed gas volumes by around 50 per cent by 2035.
Digitalisation will include remote monitoring of the network through the DANA platform, predictive-maintenance tools and improved leak detection. Around €80 million will be invested in replacing 553,000 conventional meters by 2030, installing smart meters for new connections and migrating more than 92,000 communication devices to NB-IoT technology.
The commercial challenge is the long-term utilisation of newly built gas infrastructure as Europe reduces fossil-fuel consumption. Enaon is addressing that risk by preparing the system for biomethane and other renewable gases. The investment case will depend on whether those fuels become available at sufficient scale to prevent new distribution assets from facing declining utilisation before the end of their regulatory lives.
