Strategic initiatives and acquisitions

The projects identified, which are all consistent with our business areas, include:

• growth on the natural gas distribution market. We entered this sector in October 2018 by acquiring of 51% of Pescara Distribuzione Gas, the company that manages the entire gas distribution network in the municipality of Pescara, completed in March 2019. In 2020, we signed an agreement to acquire 51% of the capital of “Alto Sangro Distribuzione Gas”, which operates in twenty-four municipalities in the Province of Aquila. We have also started dialogue with select operators on our reference territories, to consider other possible acquisitions or participations in future area tenders, with the aim of having Acea play a significant role in this important strategic segment. 
• development of smart energy services projects which, through the acquisition of ESCO (energy service company), which will allow us to provide innovative services for citizens, businesses and the public administration. We are in particular working on the launch of a pilot project in cogeneration/trigeneration and the development of thermal insulation.
  
• new involvement in the plastic processing sector by acquiring 90% of Demap, the company that owns the plant in Beinasco, in the province of Turin, and is involved in the recycling process of packaging obtained from recycled household waste, mainly from the regions of Valle d’Aosta and Piedmont.
• Consolidation of its position in the waste management sector by acquiring 60% of the capital of Ferrocart and Cavallari, companies that own four plants in the provinces of Terni and Ancona, and are involved in the recycling process of paper, iron, wood, plastic and metal. Find out more
• Acquisition of 60% of Berg, a company involved in waste management in the Municipality of Frosinone;
• Involvement in the planning and building of plants for the environment and water treatment, by acquiring 70% of Simam, leader in the design, construction and management of water treatment and waste disposal plants and environment and rehabilitation interventions, with high-tech integrated solutions.
• Acquisition of photo-voltaic plants in Italy, thanks to which Acea Group continues its expansion in the renewable resources sector.