Grow
with our communities
with our communities
Letter to Shareholders
Last year was marked by changes in several different spheres, with positive developments, such as the abatement of the pandemic, which allowed a gradual return to normality, and negative ones, namely the effects of climate change, which manifested in another rise in average temperatures and a severe drought which, unfortunately, is happening again this year, and the war in Ukraine, which started last February and is still ongoing.
These diverse aspects had consequences on various levels and can be summarised in a few salient points: the need to drive forward innovation, particularly with a view to optimising digitalisation, which has already improved the efficiency of many production and industrial processes with impacts on how labour is structured and positive effects on the work-life balance; the climate crisis, which has raised awareness of the fragility of the environment and the importance of the actions that must be adopted, highlighting the role of utilities in the management of a business that is closely linked to natural resources; and the growing complexity of the international scenario, which has sparked an energy crisis that requires the diversification of supply sources and an acceleration of the development of renewable resources in order to reach the climate neutrality targets adopted by the European Union
Financial highlights
Figures in € million
Figures in € million
Figures in € million
Figures in € million
Figures in € million
Figures in € million
* net of financed investments and net of investments in discontinued operations.
** net of financed investments
The stability of our financial position, our excellent operating performance at Group level and the actions underway to optimise our organisational and financial management all point to a very positive outlook in the medium and long term
Corporate highlights
Number one operator
in Italy
for water services
over
TWh
of energy
distributed
One of the leading
Italian players in the energy generation from renewable sources
One of the leading
energy distribution operators in Italy
Leading operator
in Italy
in Waste Management
4 companies
operating
in water services
One of the leading
operators in Italy for Engineering services
about
mln
residents served in Latium, Tuscany,
Umbria, Campania and Molise
One of the leading
energy distribution
operators in Italy
about
GWh
of energy
produced
about
TWh
of electricity
sold
about
mln
tons
of waste managed
mln
served residents
in Latin America
drinking water analysis
177,311 waste water analysis
Business segment
Acea adopts an operational model based on an organisational lay- out in line with the Strategic Business Plan consolidating its role to govern, guide and control the Holding not only with the current business portfolio focused on areas of greater value, but also on the strategic development of the Group in new business segments and territories. Acea’s macrostructure is based around the corporate functions and seven industrial areas – Environment, Commercial and Trading, Water, Energy Infrastructure, Engineering and Servic- es and Overseas.
-
Water
-
Energy infrastructure
-
Generation
-
Commercial and Trading
-
Overseas
-
Environment
-
Engineering and Services
Water
The Acea Group is the top Italian operator in the water sector serving 9 million people. The Group manages the integrated water service in Rome and Frosinone and in the respective provinces, as well as in other parts of Lazio, in Tuscany, Umbria, Campania and Molise. The Group is also present in Abruzzo, Molise and Campania in the natural gas distribution market, in the Municipality of Pescara and in the provinces of L’Aquila, Chieti, Campobasso, Isernia and Salerno.
** net of financed investments
Energy infrastructure
The Acea Group is a major operator in Italy with about 9.4 TWh of electricity distributed in Rome. The Group also manages the public and artistic lighting of the capital for a total of more than 204,676 lights. The Acea Group is committed to energy efficiency projects and the development of new technologies, such as smart grids and electric mobility, through particularly innovative pilot projects.
Generation
The Acea Group is one of the main national operators in the field of generation from renewable sources and is involved in energy efficiency projects and energy solutions in the business segment. It is particularly focused on finding innovative approaches to managing production assets and implementing new production capacity that reduces the Group's carbon footprint.
** net of investments in discontinued operations.
Commercial and Trading
The Acea Group is one of the leading Italian players in the sale of electricity and offers innovative and flexible solutions for the supply of electricity and natural gas with the objective of consolidating its positioning as a dual fuel operator. It operates on the market segments of medium-sized enterprises and households with the objective of improving the quality of the services offered with particular regard to web and social channels. It supervises the Group's energy management policies. The Segment also has the objective of developing and searching for innovations and start–ups to launch testing projects in the technological field.
Overseas
The Acea Group manages water activities in Latin America and its objective is to make the most of development opportunities in other businesses related to those already held in Italy. It is present in Honduras, Dominican Republic and Peru, serving approximately 10 million people. The activities are carried out in partnership with local and international partners, including through staff training and the transfer of know-how to local entrepreneurs.
Environment
The Acea Group is one of the main national operators with about 1,715 million tons of waste managed per year. Among the various treatment and disposal plants operated in 8 regions, there is a main waste-to-energy plant and the largest anaerobic digestion and composting plant in Lazio region. It is particularly focused on the development of investments in the waste-to-energy and in the waste recycling businesses, which is considered to have high potential, in line with the strategic objective of environmental and energy enhancement of waste, as well as its recovery and recycling in the plastics, paper and metals sectors and in the production of high-quality compost.
Engineering and Services
The Acea Group has developed know-how at the forefront in the design, construction and management of integrated water systems: from the source to the pipelines, from distribution to the sewer network, and treatment. It develops applied research projects aimed at technolog- ical innovation in the water, environmental and energy sectors. Laboratory and engineering consultancy services are of particular importance. The Acea Group is also engaged in the design and creation of plants for the environment and for the treatment of water and waste.
