Press Release
FITCH RATINGS CONFIRMS ACEA'S RATING AT "BBB+"
AND THE OUTLOOK AT "STABLE"
Rome, July 8, 2026 – Fitch Ratings has announced that it has confirmed ACEA's Long-Term Issuer Default Rating (IDR) at "BBB+", the Short-Term IDR at "F2", and the Long-Term Senior Unsecured Rating at "BBB+". The outlook remains "stable".
The confirmation of the "BBB+" rating is linked to Acea's solid and defensive business profile, as a regulated utility focused on water and electricity distribution. Acea's business profile has been further strengthened by the implementation of the asset rotation plan in the 2024-2025 period and, in particular, by the divestment of the energy supply segment, considered more volatile.
The "stable" outlook is confirmed based on the forecast that the Funds From Operations (FFO) to Net Financial Position ratio will rise towards 4.9x by 2029, compared to 3.8x in 2025, with ample flexibility relative to a potential downgrade threshold increased from 5.2x to 5.5x.
ACEA Group Contacts
Investor Relations
Tel. +39 0657991 investor.relations@aceaspa.it
Press Office
Tel. +39 0657997733 ufficio.stampa@aceaspa.it Company Internet Address: www.gruppoacea.it