- Business
- Acea S.p.A. is an Italian multi-utility company primarily engaged in the production, distribution, and sale of electricity, integrated water services, and environmental management. Founded in 1909 and headquartered in Rome, the company operates mainly in Italy, serving approximately 10 million inhabitants with its water services across regions such as Lazio, Tuscany, Umbria, Campania, and Molise, and delivering around 9 TWh of electricity in Rome and surrounding municipalities. Its main products and services include electricity distribution and public lighting management; sale of electricity and natural gas to residential and medium-sized corporate customers; integrated water cycle management encompassing aqueduct, sewerage, and treatment services; environmental services including waste treatment, recycling, composting, and waste-to-energy solutions; and engineering and infrastructure projects spanning the design, construction, and management of energy infrastructures and integrated water systems. The company also develops cogeneration plants powered by natural gas or biogas, photovoltaic and hydroelectric plants, and provides services related to electric mobility and energy efficiency. Acea internationalizes its expertise through a subsidiary focused on water management and engineering services in Latin America, including countries like Peru, Honduras, the Dominican Republic, Colombia, and Ecuador.
Recent major company changes include a corporate reorganization effective 2024 involving a partial demerger by spin-off creating Acea Acqua S.p.A. to consolidate integrated water services assets and management. The group recorded record-high financial results in 2024 with group EBITDA and net profit surpassing prior guidance, driven by a 26% increase in gross investments chiefly directed toward regulated sectors for asset development and resilience. The company enhanced its geographic water presence by entering new Italian regions including Sicily and Liguria. A significant operational move included an agreement to sell its high-voltage electricity grid to Terna as part of an asset optimization program. Fitch Ratings revised Acea’s credit outlook to stable with a BBB+ long-term issuer rating reflecting strengthened operational and financial performance. Acea’s management reaffirmed its growth strategy focused on regulated businesses, infrastructure upgrade, and sustainability, supported by digital innovation such as the Acea E-mobility App and partnerships enhancing integrated service offerings. The company maintains approximately 8,700 employees and continues to expand investments in green energy, smart grids, and circular economy initiatives across its core business lines.
Acea delivers a comprehensive utility service portfolio with leadership in energy distribution, water services, and environmental sustainability, supported by ongoing strategic restructuring and market expansion to reinforce its position as a leading Italian and international multi-utility provider.