SANTA CLARA,
Calif., Aug. 1, 2024 /PRNewswire/ -- Picarro Inc.,
a global leader in methane emission measurement, quantification,
and reduction solutions, today announced the signing of a milestone
Master Agreement with Italgas. Effective from 2024 through 2031,
this strategic partnership demonstrates Italgas' continued trust in
Picarro's technology and its commitment to sustainability, safety,
and digitizing the gas network.
The Master Agreement encompasses the entire
Italgas Group, including its affiliates ENA-ON Greece and Toscana Energia, ensuring that
all subsidiaries adhere to the best practices established by
Italgas. Under the terms of the agreement, Picarro will renew the
entire fleet of Italgas' vehicle-installed and handheld devices,
with provisions for further expansion. Italgas will continue to
operate with Picarro, using data analytics to drive further
reductions in fugitive emissions, reduce odor calls from the
public, and increase network safety.
Key Highlights of the Agreement:
- Long-Term Investment: The contract spans eight
years, from 2024 to 2031, reflecting a significant commitment from
both parties.
- Comprehensive Coverage: The agreement includes all
Italgas Group affiliates, ensuring uniformity in best practices
across the organization.
- Fleet Renewal and Expansion: The contract covers
the renewal of Italgas' entire fleet of Picarro devices, with the
flexibility to accommodate future growth.
- Strategic Goals Alignment: This partnership
supports Italgas in achieving its ambitious sustainability, safety,
and digital network transformation targets.
Paolo Gallo, CEO
of Italgas, commented on the significance of this partnership: "Our
collaboration with Picarro is a testament to our shared vision of a
sustainable and technologically advanced future for the gas
industry. Picarro's innovative solutions are instrumental in
helping us achieve our goals of reducing emissions, enhancing
safety, and digitizing our operations."
About Picarro
Picarro leads in leak management and emissions
reduction, providing operators with tools to revolutionize risk
management. The enterprise solution helps lower emissions, optimize
asset management, and reduce costs within a unified framework. With
Picarro technology and analytics, operators can proactively manage
leaks, prioritize critical issues, and assess gas system health and
performance continuously. For more information, visit
www.picarro.com/gas.
For further information or to arrange an
interview, please contact:
Tracy Boyd
Marketing Communications
Picarro, Inc.
tboyd@picarro.com
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SOURCE Picarro, Inc.