Suppliers Consumer protection Acea Energia Servizio Elettrico Roma

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Our business is closely involved in people lives.

We ensure residents receive essential services for their daily life.

At your side in your community

Managing your water services. Distributing energy. Selling electricity and gas. Recycling waste. Our one objective: to create value for the people and the community in which we operate.

Nowadays, innovation is at everyone's fingertips.

Acea sees innovation as the driving force to become more efficient, to raise the quality of life for our customers, to improve services for the residents and the community. Acea has used all this to create a new culture of innovation: an open culture, which everyone can share and take part in.

Our Group serves local communities and their citizens.

We are fully aware of our role of responsibility towards our stakeholders for our major economic, social and environmental impact. This is why our Sustainability Plan is part and parcel of our Business Plan.

Acea Innovation Day

Artificial intelligence and big data at the service of enterprises and startups.

Financial Structure

Net financial debt performance

(mln€)	31 Mar 2019 (a)	31 Dec 2018 (b)	31 Mar 2018 (c)	Change (a-b)	Change (a-c)
Net debt	2,675.7*	2,568.0	2,482.1	(107.7)	193.6
Medium/long-term	2,979.6	3,341.4	3,540.2	(361.8)	(560.6)
Short-term	(303.9)	(773.4)	(1,058.1)	(469.5)	(754.2)

* Impact of application of IFRS16 from 1 January 2019 (+€55m)

Debt structure

1.4x

Net debt/Equity as at 31/03/2019

2.8x

Net debt/EBITDA LTM as at 31/03/2019

Summary of Acea bonds

AMOUNT	ISSUE DATE	EXPIRY	COUPON (% p.a.) RATE, PERIOD	RATING MOODY'S/S&P/ FITCH
500,000,000 EUR	23/05/2019	23/05/2028	1.750 - Fixed, Annual	Baa2/NR/BBB+
700,000,000 EUR	08/02/2018	08/06/2027	1.500 - Fixed, Annual	Baa2/NR/BBB+
300,000,000 EUR	08/02/2018	08/02/2023	EUR003M +37 Bps -FRN, Quarterly	Baa2/NR/BBB+
500,000,000 EUR	24/10/2016	24/10/2026	1.000 - Fixed, Annual	Baa2/NR/BBB+
600,000,000 EUR	15/07/2014	15/07/2024	2.625 - Fixed, Annual	Baa2/NR/BBB+
422,775,000 EUR	16/03/2010	16/03/2020	4.500 - Fixed, Annual	NR/NR/BBB+
20,000,000,000 JPY	03/03/2010	03/03/2025	2.500 - Fixed, Semiannual	NR/NR/BBB+

Read the press release

Debt maturities

Diagram on the trend of the expiry date of the debt of the Acea Group

Financial Structure

Net financial debt performance

Debt structure

Summary of Acea bonds

Debt maturities

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