Rating

On 11 October 2018, Moody’s confirmed its “Baa2” rating with “stable” outlook. Confirmation of the outlook mainly reflects: the business mix primarily focused on regulated activities with limited price and volume risk exposure; the strategic plan focused on regulated activities and such as to ensure financial flexibility. 
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In its May 2019 assessment, Fitch confirmed Acea SpA's Long-Term Issuer Default Rating (IDR) at 'BBB+' with Stable Outlook and Short-Term IDR at 'F2 '. The Long-Term Senior Unsecured Rating has also been affirmed at 'BBB+'. The affirmation reflects ACEA's strategic focus on regulated businesses and the positive performance achieved so far.

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